Pre GASB35 Combining Balance Sheet - Prior Year 07
 
  Amount (Dr - Cr)
  General Designated Auxiliary Activities Retirement Insurance Expendable Restricted Student Loan Plant Agency Post Closing Combined
 
Assets      
  Cash and cash equivalents  $(12,041,032)  $ 12,580,735  $   7,013,945  $ 1,006,630  $  (423,745)  $     118,481  $     5,406,845  $ 1,746,603  $              -  $   15,408,462
  Accounts  Receivable, net       8,538,801         370,131         400,739       107,660    7,400,182                   -         2,441,443        120,496                  -       19,379,452
  Inventories         259,378                    -      1,207,186                  -                  -                   -                      -                  -                  -         1,466,564
  Deposits                    -                    -                    -       581,229                  -                   -                      -                  -                  -           581,229
  Prepaid Expenses                    -           13,525           34,784                  -                  -                   -             14,760                  -                  -             63,069
  Total Current Assets      (3,242,853)     12,964,391      8,656,654     1,695,519    6,976,437         118,481         7,863,048     1,867,099                  -       36,898,776
  Student Loans Receivable, net                    -                    -                    -                  -                  -    13,504,270                      -                  -                  -       13,504,270
  Investments                    -                    -                    -     7,391,331                  -                   -                      -                  -                  -         7,391,331
  Capital assets, net of depreciation                    -                    -                    -                  -                  -                   -     224,062,347                  -                  -     224,062,347
  Other assets                    -                    -                    -                  -                  -                   -           978,544                  -                  -           978,544
  Total Non-Current Assets                    -                    -                    -     7,391,331                  -    13,504,270     225,040,891                  -                  -     245,936,492
  Total Assets      (3,242,853)     12,964,391      8,656,654     9,086,850    6,976,437    13,622,751     232,903,939     1,867,099                  -     282,835,268
Liabilities                    -                    -                    -                  -                  -                   -                      -                  -                  -                      -
  Current Portion of L/T Liabilities                    -                    -                    -    (2,306,234)                  -                   -        (1,030,000)                  -                  -        (3,336,234)
  Accounts Payable      (1,447,104)        (260,174)        (477,394)    (1,251,508)      (645,667)           (3,167)        (1,312,025)        (15,519)                  -        (5,412,558)
  Other accrued liabilities      (3,586,235)                    -          (56,803)    (2,964,550)                  -                   -          (322,310)    (1,851,580)                  -        (8,781,478)
  Deferred revenue        (187,937)                    -                    -                  -   (3,300,000)                   -                      -                  -                  -        (3,487,937)
  Total Current Liabilities      (5,221,276)        (260,174)        (534,197)    (6,522,292)   (3,945,667)           (3,167)        (2,664,335)    (1,867,099)                  -      (21,018,207)
  Accrued Health & Liability Claims                    -                    -                    -    (1,197,579)                  -                   -                      -                  -                  -        (1,197,579)
  Notes and Bonds Payable                    -                    -                    -                  -                  -                   -      (50,101,794)                  -                  -      (50,101,794)
  Capital Lease Obligations                    -                    -                    -                  -                  -                   -                      -                  -                  -                      -
  Funds Held for Others        (680,450)                    -                    -                  -                  -                   -                      -                  -                  -          (680,450)
  Due to MTF                    -                    -                    -                  -                  -                   -          (750,000)                  -                  -          (750,000)
  Total Non-Current Liabilities        (680,450)                    -                    -    (1,197,579)                  -                   -      (50,851,794)                  -                  -      (52,729,823)
  Total Liabilities      (5,901,726)        (260,174)        (534,197)    (7,719,871)   (3,945,667)           (3,167)      (53,516,129)    (1,867,099)                  -      (73,748,030)
                       -                    -                    -                  -                  -                   -                      -                  -                  -                      -
  Net (increase) decrease in Net Assets        (274,131)        (993,069)      1,239,480      (266,550)   (1,228,825)        (106,180)        (6,122,176)                  -                  -        (7,751,451)
  Net (Assets) Deficit, July 1       9,418,710    (11,711,149)     (9,361,936)    (1,100,429)   (1,801,945)   (13,513,404)    (173,265,633)                  -                  -    (201,335,786)
  Prior Period Adjustments                    -                    -                    -                  -                  -                   -                      -                  -                  -                      -
  Total Net (Assets) Deficits  $   9,144,579  $(12,704,218)  $  (8,122,456)  $(1,366,979)  $(3,030,770)  $(13,619,584)  $(179,387,809)  $              -  $              -  $(209,087,237)