Unrestricted Funds Income Statemnt by Function - Current Year 08
Designated Fund Auxiliary Fund Retirement & Insurance Fund Current Unrestricted Unrestricted Plant Total Unrestricted Funds Prior Year Totals Variance
  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                   -           118,984           42,368             76,616 181%
State/Local Grants and Contracts                    -                   -                    -                   -                    -                   -                     -                   -                     - 0%
Nongovernmental Grants and Contract                    -                   -                    -                   -                    -                   -                     -           30,000            (30,000) -100%
Indirect Cost Recoveries       9,359,923                   -                    -                   -       9,359,923                   -        9,359,923      8,973,234           386,689 4%
Educational Activities         455,082     3,023,328       1,027,926                   -       4,506,336            2,226        4,508,562      4,008,890           499,672 12%
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                   -      10,039,333      9,361,542           677,791 7%
OPERATING REVENUES     85,114,915     3,357,927     29,492,449                   -    117,965,291            2,226    117,967,517   104,732,102      13,235,415 13%
Instruction    (49,326,060)    (2,501,940)                    -                   -    (51,828,000)                   -     (51,828,000)   (48,465,474)       (3,362,526) 7%
Research    (10,659,264)    (6,759,691)                    -                   -    (17,418,955)                   -     (17,418,955)   (16,293,890)       (1,125,065) 7%
Public Service        (416,101)       (982,210)                    -                   -      (1,398,311)                   -       (1,398,311)     (1,421,806)             23,495 -2%
Academic Support    (11,838,335)       (205,847)                    -                   -    (12,044,182)                   -     (12,044,182)   (11,772,526)          (271,656) 2%
Student Services      (5,820,307)    (1,036,174)                    -                   -      (6,856,481)                   -       (6,856,481)     (6,416,546)          (439,935) 7%
Institutional Support    (15,166,150)    (3,123,569)                    -     (5,517,147)    (23,806,866)         (18,616)     (23,825,482)   (21,039,572)       (2,785,910) 13%
Operation & Maintenance of Plant    (11,273,435)       (388,850)                    -        (148,047)    (11,810,332)     (2,703,886)     (14,514,218)   (12,792,715)       (1,721,503) 13%
Student Financial Support    (16,102,216)                   -                    -                   -    (16,102,216)                   -     (16,102,216)   (13,453,651)       (2,648,565) 20%
Auxiliary Activities                    -              500    (24,848,977)                   -    (24,848,477)           (7,661)     (24,856,138)   (23,447,652)       (1,408,486) 6%
OPERATING EXPENSES  (120,601,868)   (14,997,781)    (24,848,977)     (5,665,194)   (166,113,820)     (2,730,163)   (168,843,983)  (155,103,832)     (13,740,151) 9%
Mandatory Transfers In                    -                   -                    -                   -                    -          57,890            57,890           59,890             (2,000) -3%
Mandatory Transfers Out      (1,061,197)       (266,698)      (2,563,420)                   -      (3,891,315)                   -       (3,891,315)     (3,749,094)          (142,221) 4%
Non Mandatory Transfers In       5,315,529    16,447,857     16,755,673      4,086,558     42,605,617      2,499,123      45,104,740    37,335,434        7,769,306 21%
Non Mandatory Transfers Out    (18,451,335)    (8,614,494)    (18,863,633)        (392,196)    (46,321,658)       (435,119)     (46,756,777)   (40,075,711)       (6,681,066) 17%
TRANSFERS    (14,197,003)     7,566,665      (4,671,380)      3,694,362      (7,607,356)      2,121,894       (5,485,462)     (6,429,481)           944,019 -15%
Federal Grants                    -                   -                    -                    -                   -                     -
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                   -        6,546,706      5,920,374           626,332 11%
Investment Income (loss)                    -                   -         558,606        (944,649)         (386,043)        232,385          (153,658)      1,736,397       (1,890,055) -109%
Interest Expense                    -                   -                    -                   -                    -                   -                     -                   -                     - 0%
Capital grants and gifts                    -                   -                    -                   -                    -        112,502           112,502           60,654             51,848 85%
NON-OPERATING REVENUES (EXPENSES)     49,189,276     5,828,289       1,115,947        (944,649)     55,188,863        344,887      55,533,750    55,849,324          (315,574) -1%
Net increase (decrease) in Net Assets        (494,680)     1,755,100       1,088,039     (2,915,481)         (567,022)       (261,156)          (828,178)        (951,887)           123,709 -13%
Net Assets, Beginning of Year      (9,144,579)    12,704,216       8,122,457      1,366,980     13,049,074     (5,070,034)        7,979,040      8,930,909          (951,869) -11%
Net Assets, End of Year  $  (9,639,259)  $14,459,316  $   9,210,496  $ (1,548,501)  $  12,482,052  $ (5,331,190)  $    7,150,862  $  7,979,022  $      (828,160) -10%