Restricted Funds Income Statement by Object - Current Year 08
Expendable Restricted Fund Student Loan Fund Plant Fund Combined Total Prior Year Change
Unexpended Debt Service Totals Amount %
Student Tuition and Fees  $              -  $               -  $              -  $                -  $               -  $               -  $                -
Federal Grants and Contracts   27,970,208         (81,166)                  -                    -    27,889,042   23,191,800       4,697,242 20%
State/Local Grants and Contracts    3,206,824                   -                  -                    -      3,206,824     3,805,813        (598,989) -16%
Nongovernmental Grants and Contracts   11,201,299                   -                  -                    -    11,201,299   12,478,760      (1,277,461) -10%
Indirect Cost Recoveries   (9,359,923)                   -                  -                    -     (9,359,923)    (8,973,234)        (386,689) 4%
Educational Activities       213,948                   -                  -                    -         213,948        189,295           24,653 13%
Student Resident Fees                  -                   -                  -                    -                   -                  -                    - 0%
Sales and Services of Dept Activities         95,829                   -                  -                    -          95,829          15,984           79,845 500%
OPERATING REVENUES   33,328,185         (81,166)                  -                    -    33,247,019   30,708,418       2,538,601 8%
Salaries & Wages - Non-Faculty   (6,992,652)                   -                  -                    -     (6,992,652)    (6,351,264)        (641,388) 10%
Salaries & Wages - Faculty   (3,786,369)                   -                  -                    -     (3,786,369)    (3,755,888)          (30,481) 1%
Salaries & Wages - Graduate Students   (3,587,369)                   -                  -                    -     (3,587,369)    (3,398,029)        (189,340) 6%
Salaries & Wages - Undergrad Students   (1,287,358)                   -                  -                    -     (1,287,358)    (1,124,867)        (162,491) 14%
Fringe Benefits   (3,820,801)                   -                  -                    -     (3,820,801)    (3,469,569)        (351,232) 10%
Supplies and Services  (13,981,693)         (36,256)    (2,231,074)     (1,305,694)   (17,554,717)  (24,455,929)       6,901,212 -28%
Scholarships and Fellowships   (9,244,523)                   -                  -                    -     (9,244,523)    (8,758,139)        (486,384) 6%
Utilities        (27,820)                   -                      -         (27,820)         (29,712)             1,892 -6%
Depreciation                  -                   -                  -                    -                   -                  -                    - 0%
OPERATING EXPENSES  (42,728,585)         (36,256)    (2,231,074)     (1,305,694)   (46,301,609)  (51,343,397)       5,041,788 -10%
Mandatory Transfers In    2,398,561                   -                  -      2,558,313      4,956,874     7,726,175      (2,769,301) -36%
Mandatory Transfers Out   (1,123,448)                   -                  -                    -     (1,123,448)    (1,059,928)          (63,520) 6%
Non Mandatory Transfers In    3,842,365                   -   10,277,261         313,392    14,433,018     7,834,586       6,598,432 84%
Non Mandatory Transfers Out   (2,380,377)                   -  (10,348,806)          (51,334)   (12,780,517)    (5,296,787)      (7,483,730) 141%
TRANSFERS    2,737,101                   -        (71,545)      2,820,371      5,485,927     9,204,046      (3,718,119) -40%
Federal Grants    3,229,124                   -                  -                    -      3,229,124     2,882,596         346,528 12%
State appropriations, Operating                  -                   -                  -                    -                   -                  -                    - 0%
Gift Income    3,327,545                   -                  -                    -      3,327,545     3,518,534        (190,989) -5%
Investment Income (loss)           8,973        143,150                  -          (18,795)         133,328        653,759        (520,431) -80%
Interest Expense                  -                   -                  -     (2,133,617)     (2,133,617)    (2,150,380)           16,763 -1%
Capital Appropriations                  -                   -                  -                    -                   -     8,120,233      (8,120,233) -100%
Capital Grants and Gifts                  -                   -        895,305           52,150         947,455     3,542,354      (2,594,899) -73%
Loss on Disposal of Capital Assets                  -                   -                  -                    -                   -                  -                    - 0%
NON-OPERATING REVENUES (EXPENSES)    6,565,642        143,150        895,305     (2,100,262)      5,503,835   16,567,096    (11,063,261) -67%
Net increase (decrease) in Net Assets        (97,657)          25,728    (1,407,314)        (585,585)     (2,064,828)     5,136,163      (7,200,991) -140%
Net Assets, Beginning of Year    3,030,770    13,619,584        591,011      9,957,270    27,198,635   22,010,364       5,188,271 24%
Net Assets, End of Year  $ 2,933,113  $13,645,312  $   (816,303)  $   9,371,685  $25,133,807  $27,146,527  $  (2,012,720) -7%