Current Funds Income Statement by Function - Current Year 08
 
  Designated Fund Auxiliary Fund Retirement & Insurance Fund Current Unrestricted Expendable Restricted Fund Total Current Funds   Prior Year Totals Change
    General Fund   Amount Percent
  Student Tuition and Fees  $ 75,186,631  $       95,386  $ 1,320,719  $              -  $ 76,602,736  $               -  $ 76,602,736    $   66,788,437  $    9,814,299 15%
  Federal Grants and Contracts          118,984                   -                  -                 -         118,984   27,970,208     28,089,192        23,234,168        4,855,024 21%
  State/Local Grants and Contracts                    -                   -                  -                 -                    -     3,206,824      3,206,824          3,805,813         (598,989) -16%
  Nongovernmental Grants and Contract                    -                   -                  -                 -                    -   11,201,299     11,201,299        12,508,760       (1,307,461) -10%
  Indirect Cost Recoveries       9,359,923                   -                  -                 -      9,359,923    (9,359,923)                    -                       -                     - 0%
  Educational Activities          455,082      3,023,328     1,027,926                 -      4,506,336        213,948      4,720,284          4,192,785          527,499 13%
  Student Resident Fees                    -                   -   17,337,979                 -     17,337,979                  -     17,337,979        15,527,631        1,810,348 12%
  Sales and Services of Dept Activities            (5,705)         239,213     9,805,825                 -     10,039,333          95,829     10,135,162          9,377,526          757,636 8%
  OPERATING REVENUES     85,114,915      3,357,927   29,492,449                 -   117,965,291   33,328,185   151,293,476       135,435,120      15,858,356 12%
  Instruction    (49,326,060)     (2,501,940)                  -                 -    (51,828,000)       (384,672)    (52,212,672)       (48,834,341)       (3,378,331) 7%
  Research    (10,659,264)     (6,759,691)                  -                 -    (17,418,955)  (29,915,683)    (47,334,638)       (44,424,686)       (2,909,952) 7%
  Public Service         (416,101)        (982,210)                  -                 -     (1,398,311)    (4,547,810)     (5,946,121)         (4,907,515)       (1,038,606) 21%
  Academic Support    (11,838,335)        (205,847)                  -                 -    (12,044,182)         (68,589)    (12,112,771)       (11,805,479)         (307,292) 3%
  Student Services      (5,820,307)     (1,036,174)                  -                 -     (6,856,481)       (376,817)     (7,233,298)         (6,810,840)         (422,458) 6%
  Institutional Support    (15,166,150)     (3,123,569)                  -   (5,517,147)    (23,806,866)          (3,747)    (23,810,613)       (19,523,352)       (4,287,261) 22%
  Operation & Maintenance of Plant    (11,271,161)        (388,850)                  -      (148,047)    (11,808,058)                  -    (11,808,058)       (11,002,385)         (805,673) 7%
  Student Financial Support    (16,102,216)                   -                  -                 -    (16,102,216)    (7,431,267)    (23,533,483)       (20,518,414)       (3,015,069) 15%
  Auxiliary Activities                    -               500  (24,848,977)                 -    (24,848,477)                  -    (24,848,477)       (23,360,043)       (1,488,434) 6%
  OPERATING EXPENSES  (120,599,594)   (14,997,781)  (24,848,977)   (5,665,194)  (166,111,546)  (42,728,585)  (208,840,131)      (191,187,055)     (17,653,076) 9%
  Mandatory Transfers In                    -                   -                  -                 -                    -     2,398,561      2,398,561          2,250,279          148,282 7%
  Mandatory Transfers Out      (1,061,197)        (266,698)    (2,563,420)                 -     (3,891,315)    (1,123,448)     (5,014,763)         (4,809,022)         (205,741) 4%
  Non Mandatory Transfers In       5,315,529    16,447,857   16,755,673    4,086,558     42,605,617     3,842,365     46,447,982        39,410,836        7,037,146 18%
  Non Mandatory Transfers Out    (18,451,335)     (8,614,494)  (18,863,633)      (392,196)    (46,321,658)    (2,380,377)    (48,702,035)       (42,048,965)       (6,653,070) 16%
  TRANSFERS    (14,197,003)      7,566,665    (4,671,380)    3,694,362     (7,607,356)     2,737,101     (4,870,255)         (5,196,872)          326,617 -6%
  Federal Grants                    -                   -                  -                 -                    -     3,229,124      3,229,124          2,882,596          346,528 12%
  State appropriations, Operating     49,028,200                   -                  -                 -     49,028,200                  -     49,028,200        48,131,899          896,301 2%
  Gift Income          161,076      5,828,289        557,341                 -      6,546,706     3,327,545      9,874,251          9,334,933          539,318 6%
  Investment Income (loss)                    -                   -        558,606      (944,649)        (386,043)           8,973        (377,070)          2,122,456       (2,499,526) -118%
  Interest Expense                    -                   -                  -                 -                    -                  -                    -                       -                     - 0%
  NON-OPERATING REVENUES (EXPENSES)     49,189,276      5,828,289     1,115,947      (944,649)     55,188,863     6,565,642     61,754,505        62,471,884         (717,379) -1%
Net increase (decrease) in Net Assets         (492,406)      1,755,100     1,088,039   (2,915,481)        (564,748)         (97,657)        (662,405)          1,523,077       (2,185,482) -143%
Net Assets, Beginning of Year      (9,144,579)    12,704,216     8,122,457    1,366,980     13,049,074     3,030,770     16,079,844        14,556,749        1,523,095 10%
Net Assets, End of Year  $  (9,636,985)  $ 14,459,316  $ 9,210,496 (1,548,501)  $ 12,484,326  $ 2,933,113  $ 15,417,439    $   16,079,826  $      (662,387) -4%