Combining Income Statement by Function - Current Year 08
Current Unrestricted Expendable Restricted Fund Loan Fund Plant Fund Combined Total
Capital Expenses Capital Gifts Tuition Allowance Other Total
Student Tuition and Fees  $     76,602,736  $                  -  $               -  $                   -  $     76,602,736  $                   -  $          (21,782,448)  $                -  $             54,820,288
Federal Grants and Contracts             118,984       27,970,208         (81,166)                       -         28,008,026                      -                              -                   -                 28,008,026
State/Local Grants and Contracts                        -        3,206,824                   -                       -           3,206,824                      -                              -                   -                   3,206,824
Nongovernmental Grants and Contract                        -       11,201,299                   -                       -         11,201,299                      -                              -                   -                 11,201,299
Indirect Cost Recoveries          9,359,923       (9,359,923)                   -                       -                        -                      -                              -                   -                                -
Educational Activities          4,506,336           213,948                   -                2,226           4,722,510                      -                              -                   -                   4,722,510
Student Resident Fees         17,337,979                      -                   -                       -         17,337,979                      -                  (179,751)                   -                 17,158,228
Sales and Services of Dept Activities         10,039,333             95,829                   -                       -         10,135,162                      -                              -                   -                 10,135,162
OPERATING REVENUES       117,965,291       33,328,185         (81,166)                2,226       151,214,536                      -                 -              (21,962,199)                   -               129,252,337
Instruction        (51,828,000)          (384,672)                   -                       -        (52,212,672)            249,074                 -                   -                (51,963,598)
Research        (17,418,955)      (29,915,683)                   -                       -        (47,334,638)         2,379,175                 -                (44,955,463)
Public Service         (1,398,311)       (4,547,810)                   -                       -          (5,946,121)              40,276                 -                  (5,905,845)
Academic Support        (12,044,182)            (68,589)                   -                       -        (12,112,771)            226,509                 -                (11,886,262)
Student Services         (6,856,481)          (376,817)                   -                       -          (7,233,298)              20,434                 -                  (7,212,864)
Institutional Support        (23,806,866)              (3,747)                   -        (1,439,449)        (25,250,062)         1,093,955                 -                   -                (24,156,107)
Operation & Maintenance of Plant        (11,810,332)                      -                   -        (6,604,503)        (18,414,835)         6,229,516                 -                              -                   -                (12,185,319)
Student Financial Support        (16,102,216)       (7,431,267)         (36,256)                       -        (23,569,739)                      -                 -               21,782,448                   -                  (1,787,291)
Auxiliary Activities        (24,848,477)                      -                   -               (7,661)        (24,856,138)            764,997                 -    24,091,141                                -
Student Residents                        -                      -                   -                       -                        -                      -                 -                   179,751   (12,061,649)                (11,881,898)
Sales and Services of Dept Activities                        -                      -                   -                       -                        -                      -                 -   (12,029,493)                (12,029,493)
Depreciation                        -                      -                   -       (11,504,971)        (11,504,971)                      -                 -                (11,504,971)
OPERATING EXPENSES      (166,113,820)      (42,728,585)         (36,256)       (19,556,584)      (228,435,245)       11,003,937                 -               21,962,199                   -              (195,469,110)
Mandatory Transfers In                        -        2,398,561                   -         2,616,203           5,014,764                   -                   5,014,764
Mandatory Transfers Out         (3,891,315)       (1,123,448)                   -                       -          (5,014,763)                  (5,014,763)
Non Mandatory Transfers In         42,605,617        3,842,365                   -        13,089,777         59,537,759                 59,537,759
Non Mandatory Transfers Out        (46,321,658)       (2,380,377)                   -       (10,835,724)        (59,537,759)                  (59,537,759)
TRANSFERS         (7,607,356)        2,737,101                   -         4,870,256                       1                      -                 -                              -                   -                               1
Federal Grants                        -        3,229,124                   -                       -           3,229,124                   3,229,124
State appropriations, Operating         49,028,200                      -                   -                       -         49,028,200                 49,028,200
Gift Income          6,546,706        3,327,545                   -                       -           9,874,251                   9,874,251
Investment Income (loss)            (386,043)               8,973        143,150            213,590              (20,330)                      (20,330)
Interest Expense                        -                      -                   -        (2,095,550)          (2,095,550)                  (2,095,550)
Capital Appropriations                        -                      -                   -                       -                        -                                -
Capital Grants and Gifts                        -                      -                   -         1,798,341           1,798,341                   1,798,341
Loss on Disposal of Capital Assets                        -                      -                   -        10,807,130         10,807,130      (11,003,937)                 -                   -                     (196,807)
NON-OPERATING REVENUES (EXPENSES)         55,188,863        6,565,642        143,150        10,723,511         72,621,166      (11,003,937)                 -                              -                   -                 61,617,229
Net increase (decrease) in Net Assets            (567,022)            (97,657)          25,728        (3,960,591)          (4,599,542)                      -                 -                              -                   -                  (4,599,542)
Net Assets, Beginning of Year         13,049,074        3,030,770    13,619,584      179,387,809       209,087,237               209,087,237
Net Assets, End of Year  $     12,482,052  $     2,933,113  $13,645,312  $  175,427,218  $   204,487,695  $                   -  $              -  $                          -  $                -  $            204,487,695