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            "text": "KENTUCKY STATE UNIVERSITY\nManagement's Discussion and Analysis, continued",
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            "text": "Capital Asset and Debt Administration"
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            "text": "Capital assets, net of accumulated depreciation, totaled $80.7 million at June 30, 2013, a decrease of $2.5 million. Capital assets as of June 30, 2014 and significant changes in capital assets during the year are as follows (in millions):"
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                    "text": "(Reductions) FY 13-14",
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                    "text": "$ 5.7",
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                        "colspan": 1
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                    "bbox": {
                        "l": 247.36,
                        "t": 380.1867,
                        "r": 318.84,
                        "b": 361.44
                    },
                    "text": "$ (2.5)",
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                        "col": 2,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p26.7.49",
                    "order": 56,
                    "type": "table_cell",
                    "bbox": {
                        "l": 318.84,
                        "t": 380.1867,
                        "r": 390.32,
                        "b": 361.44
                    },
                    "text": "$ 83.2",
                    "attrs": {
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                        "col": 3,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p26.7.50",
                    "order": 57,
                    "type": "table_cell",
                    "bbox": {
                        "l": 390.32,
                        "t": 380.1867,
                        "r": 461.8,
                        "b": 361.44
                    },
                    "text": "$ (1.3)",
                    "attrs": {
                        "row": 8,
                        "col": 4,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p26.7.51",
                    "order": 58,
                    "type": "table_cell",
                    "bbox": {
                        "l": 461.8,
                        "t": 380.1867,
                        "r": 533.28,
                        "b": 361.44
                    },
                    "text": "$ 84.5",
                    "attrs": {
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                        "col": 5,
                        "rowspan": 1,
                        "colspan": 1
                    }
                }
            ]
        },
        {
            "id": "p26.8",
            "order": 59,
            "type": "text",
            "bbox": {
                "l": 73.68,
                "t": 350.88,
                "r": 481.44,
                "b": 336.72
            },
            "text": "At June 30, 2014, the University has capital construction projects in progress totaling $970,250 in scope."
        },
        {
            "id": "p26.9",
            "order": 60,
            "type": "heading",
            "bbox": {
                "l": 73.68,
                "t": 324,
                "r": 145.68,
                "b": 311.04
            },
            "text": "Long Term Debt",
            "attrs": {
                "block_label": "paragraph_title"
            },
            "level": 3
        },
        {
            "id": "p26.10",
            "order": 61,
            "type": "text",
            "bbox": {
                "l": 73.68,
                "t": 296.16,
                "r": 444.96,
                "b": 283.2
            },
            "text": "At June 30, 2014, bonds and lease payable amounted to $7.3 million, as summarized below:"
        },
        {
            "id": "p26.11",
            "order": 62,
            "type": "table",
            "bbox": {
                "l": 105.6,
                "t": 256.8,
                "r": 521.52,
                "b": 151.44
            },
            "text": "",
            "attrs": {
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                "n_cols": 4
            },
            "children": [
                {
                    "id": "p26.11.1",
                    "order": 63,
                    "type": "table_cell",
                    "bbox": {
                        "l": 105.6,
                        "t": 256.8,
                        "r": 209.58,
                        "b": 239.24
                    },
                    "text": "",
                    "attrs": {
                        "row": 0,
                        "col": 0,
                        "rowspan": 1,
                        "colspan": 1
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                },
                {
                    "id": "p26.11.2",
                    "order": 64,
                    "type": "table_cell",
                    "bbox": {
                        "l": 209.58,
                        "t": 256.8,
                        "r": 313.56,
                        "b": 239.24
                    },
                    "text": "2014",
                    "attrs": {
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                        "col": 1,
                        "rowspan": 1,
                        "colspan": 1,
                        "column_header": true,
                        "header_source": "heuristic"
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                },
                {
                    "id": "p26.11.3",
                    "order": 65,
                    "type": "table_cell",
                    "bbox": {
                        "l": 313.56,
                        "t": 256.8,
                        "r": 417.54,
                        "b": 239.24
                    },
                    "text": "2013",
                    "attrs": {
                        "row": 0,
                        "col": 2,
                        "rowspan": 1,
                        "colspan": 1,
                        "column_header": true,
                        "header_source": "heuristic"
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                },
                {
                    "id": "p26.11.4",
                    "order": 66,
                    "type": "table_cell",
                    "bbox": {
                        "l": 417.54,
                        "t": 256.8,
                        "r": 521.52,
                        "b": 239.24
                    },
                    "text": "2012",
                    "attrs": {
                        "row": 0,
                        "col": 3,
                        "rowspan": 1,
                        "colspan": 1,
                        "column_header": true,
                        "header_source": "heuristic"
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                },
                {
                    "id": "p26.11.5",
                    "order": 67,
                    "type": "table_cell",
                    "bbox": {
                        "l": 105.6,
                        "t": 239.24,
                        "r": 209.58,
                        "b": 221.68
                    },
                    "text": "Lease Obligations",
                    "attrs": {
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                        "col": 0,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p26.11.6",
                    "order": 68,
                    "type": "table_cell",
                    "bbox": {
                        "l": 209.58,
                        "t": 239.24,
                        "r": 313.56,
                        "b": 221.68
                    },
                    "text": "$ 3,796,904",
                    "attrs": {
                        "row": 1,
                        "col": 1,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p26.11.7",
                    "order": 69,
                    "type": "table_cell",
                    "bbox": {
                        "l": 313.56,
                        "t": 239.24,
                        "r": 417.54,
                        "b": 221.68
                    },
                    "text": "$ 4,139,613",
                    "attrs": {
                        "row": 1,
                        "col": 2,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p26.11.8",
                    "order": 70,
                    "type": "table_cell",
                    "bbox": {
                        "l": 417.54,
                        "t": 239.24,
                        "r": 521.52,
                        "b": 221.68
                    },
                    "text": "$ 4,565,078",
                    "attrs": {
                        "row": 1,
                        "col": 3,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p26.11.9",
                    "order": 71,
                    "type": "table_cell",
                    "bbox": {
                        "l": 105.6,
                        "t": 221.68,
                        "r": 209.58,
                        "b": 204.12
                    },
                    "text": "Note payable to City of Frankfort",
                    "attrs": {
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                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p26.11.10",
                    "order": 72,
                    "type": "table_cell",
                    "bbox": {
                        "l": 209.58,
                        "t": 221.68,
                        "r": 313.56,
                        "b": 204.12
                    },
                    "text": "250,000",
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                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p26.11.11",
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                    "bbox": {
                        "l": 313.56,
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                        "r": 417.54,
                        "b": 204.12
                    },
                    "text": "300,000",
                    "attrs": {
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                        "col": 2,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p26.11.12",
                    "order": 74,
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                    "bbox": {
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                        "r": 521.52,
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                    },
                    "text": "-",
                    "attrs": {
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                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p26.11.13",
                    "order": 75,
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                    "bbox": {
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                        "t": 204.12,
                        "r": 209.58,
                        "b": 186.56
                    },
                    "text": "General Receipts Bonds",
                    "attrs": {
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                        "col": 0,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p26.11.14",
                    "order": 76,
                    "type": "table_cell",
                    "bbox": {
                        "l": 209.58,
                        "t": 204.12,
                        "r": 313.56,
                        "b": 186.56
                    },
                    "text": "3,405,000",
                    "attrs": {
                        "row": 3,
                        "col": 1,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p26.11.15",
                    "order": 77,
                    "type": "table_cell",
                    "bbox": {
                        "l": 313.56,
                        "t": 204.12,
                        "r": 417.54,
                        "b": 186.56
                    },
                    "text": "3,790,000",
                    "attrs": {
                        "row": 3,
                        "col": 2,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p26.11.16",
                    "order": 78,
                    "type": "table_cell",
                    "bbox": {
                        "l": 417.54,
                        "t": 204.12,
                        "r": 521.52,
                        "b": 186.56
                    },
                    "text": "4,165,000",
                    "attrs": {
                        "row": 3,
                        "col": 3,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p26.11.17",
                    "order": 79,
                    "type": "table_cell",
                    "bbox": {
                        "l": 105.6,
                        "t": 186.56,
                        "r": 209.58,
                        "b": 169
                    },
                    "text": "Bond discount and issue costs",
                    "attrs": {
                        "row": 4,
                        "col": 0,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p26.11.18",
                    "order": 80,
                    "type": "table_cell",
                    "bbox": {
                        "l": 209.58,
                        "t": 186.56,
                        "r": 313.56,
                        "b": 169
                    },
                    "text": "(49,798)",
                    "attrs": {
                        "row": 4,
                        "col": 1,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p26.11.19",
                    "order": 81,
                    "type": "table_cell",
                    "bbox": {
                        "l": 313.56,
                        "t": 186.56,
                        "r": 417.54,
                        "b": 169
                    },
                    "text": "(53,629)",
                    "attrs": {
                        "row": 4,
                        "col": 2,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p26.11.20",
                    "order": 82,
                    "type": "table_cell",
                    "bbox": {
                        "l": 417.54,
                        "t": 186.56,
                        "r": 521.52,
                        "b": 169
                    },
                    "text": "(57,460)",
                    "attrs": {
                        "row": 4,
                        "col": 3,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p26.11.21",
                    "order": 83,
                    "type": "table_cell",
                    "bbox": {
                        "l": 105.6,
                        "t": 169,
                        "r": 209.58,
                        "b": 151.44
                    },
                    "text": "Total",
                    "attrs": {
                        "row": 5,
                        "col": 0,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p26.11.22",
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                    "type": "table_cell",
                    "bbox": {
                        "l": 209.58,
                        "t": 169,
                        "r": 313.56,
                        "b": 151.44
                    },
                    "text": "$ 7,402,106",
                    "attrs": {
                        "row": 5,
                        "col": 1,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p26.11.23",
                    "order": 85,
                    "type": "table_cell",
                    "bbox": {
                        "l": 313.56,
                        "t": 169,
                        "r": 417.54,
                        "b": 151.44
                    },
                    "text": "$ 8,175,984",
                    "attrs": {
                        "row": 5,
                        "col": 2,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p26.11.24",
                    "order": 86,
                    "type": "table_cell",
                    "bbox": {
                        "l": 417.54,
                        "t": 169,
                        "r": 521.52,
                        "b": 151.44
                    },
                    "text": "$ 8,672,618",
                    "attrs": {
                        "row": 5,
                        "col": 3,
                        "rowspan": 1,
                        "colspan": 1
                    }
                }
            ]
        },
        {
            "id": "p26.12",
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            "type": "footer",
            "bbox": {
                "l": 300.48,
                "t": 78.72,
                "r": 312,
                "b": 68.4
            },
            "text": "18",
            "attrs": {
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        }
    ],
    "excluded_furniture": {
        "first": [],
        "last": []
    }
}