Current Funds Income Statement by Function - Prior Year 07
 
    Designated Fund Auxiliary Fund Retirement & Insurance Fund Current Unrestricted Expendable Restricted Fund  
    General Fund Total Current Funds
  Student Tuition and Fees  $  65,441,243  $      76,492  $  1,270,702  $               -  $ 66,788,437  $                -  $  66,788,437
  Federal Grants and Contracts            42,368                  -                   -                   -           42,368     23,191,800      23,234,168
  State/Local Grants and Contracts                    -                  -                   -                   -                    -       3,805,813       3,805,813
  Nongovernmental Grants and Contract                    -          30,000                   -                   -           30,000     12,478,760      12,508,760
  Indirect Cost Recoveries       8,973,234                  -                   -                   -       8,973,234      (8,973,234)                     -
  Educational Activities          410,427     2,525,587     1,067,645                   -       4,003,659          189,126       4,192,785
  Student Resident Fees                    -                  -    15,527,631                   -     15,527,631                    -      15,527,631
  Sales and Services of Dept Activities               (179)        168,490     9,193,231                   -       9,361,542           15,984       9,377,526
    OPERATING REVENUES     74,867,093     2,800,569    27,059,209                   -   104,726,871     30,708,249    135,435,120
  Instruction    (45,890,709)    (2,574,765)                   -                   -    (48,465,474)         (368,867)     (48,834,341)
  Research    (10,222,614)    (6,071,276)                   -                   -    (16,293,890)    (28,130,796)     (44,424,686)
  Public Service         (542,504)       (879,302)                   -                   -      (1,421,806)      (3,485,709)      (4,907,515)
  Academic Support    (11,613,474)       (159,052)                   -                   -    (11,772,526)          (32,953)     (11,805,479)
  Student Services      (5,485,306)       (931,240)                   -                   -      (6,416,546)         (394,294)      (6,810,840)
  Institutional Support    (13,445,435)    (2,783,371)                   -    (3,264,253)    (19,493,059)          (30,293)     (19,523,352)
  Operation & Maintenance of Plant    (10,839,533)          (1,273)                   -       (161,579)    (11,002,385)                    -     (11,002,385)
  Student Financial Support    (13,453,651)                  -                   -                   -    (13,453,651)      (7,064,763)     (20,518,414)
  Auxiliary Activities                    -             (500)   (23,359,543)                   -    (23,360,043)                    -     (23,360,043)
    OPERATING EXPENSES   (111,493,226)  (13,400,779)   (23,359,543)    (3,425,832)  (151,679,380)    (39,507,675)   (191,187,055)
  Mandatory Transfers In                    -                  -                   -                   -                    -       2,250,279       2,250,279
  Mandatory Transfers Out      (1,014,909)       (175,360)    (2,527,525)         (31,300)      (3,749,094)      (1,059,928)      (4,809,022)
  Non Mandatory Transfers In       6,559,921   11,740,743    10,856,274     5,732,561     34,889,499       4,521,337      39,410,836
  Non Mandatory Transfers Out    (17,071,823)    (4,971,703)   (14,538,196)    (3,420,574)    (40,002,296)      (2,046,669)     (42,048,965)
    TRANSFERS    (11,526,811)     6,593,680    (6,209,447)     2,280,687      (8,861,891)       3,665,019      (5,196,872)
  Federal Grants                    -                  -                   -                   -                    -       2,882,596       2,882,596
  State appropriations, Operating     48,131,899                  -                   -                   -     48,131,899                    -      48,131,899
  Gift Income          295,178     4,999,598        521,623                   -       5,816,399       3,518,534       9,334,933
  Investment Income (loss)                    -                  -        748,658     1,411,696       2,160,354          (37,898)       2,122,456
  Interest Expense                    -                  -                   -                   -                    -                    -                     -
    NON-OPERATING REVENUES (EXPENSES)     48,427,077     4,999,598     1,270,281     1,411,696     56,108,652       6,363,232      62,471,884
  Net increase (decrease) in Net Assets          274,133        993,068    (1,239,500)        266,551          294,252       1,228,825       1,523,077
  Net Assets, Beginning of Year      (9,418,710)   11,711,149     9,361,936     1,100,429     12,754,804       1,801,945      14,556,749
  Net Assets, End of Period  $  (9,144,577)  $12,704,217  $  8,122,436  $  1,366,980  $ 13,049,056  $   3,030,770  $  16,079,826