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            "text": "KENTUCKY STATE UNIVERSITY",
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            "text": "Management's Discussion and Analysis, Continued",
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            "text": "June 30, 2011"
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            "text": "Figure 1",
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            "text": "Operating Revenues As A Percentage Of Total Operating Revenue\n(3 - Year Trend)",
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            "text": "Total operating revenues were $45.0 million for the year ended June 30, 2011, a decrease of $328,636 compared to FY10. The primary components were federal, state and local grants and contracts of $14.1 million (31.2%), student tuition and fees, net of $18.2 million (40.4%), federal appropriations of $5 million (11.2%) and auxiliary services and other revenues of $7.7 million (17.2%). FY11 Student tuition and fees revenue increased $1,688,609 compared to FY10 due to increased tuition fees and enrollment. FY11 Grants and contracts revenue decreased $522,871 compared to FY10 due to decreased awards and spending. FY11 Federal appropriations decreased $1,464,811 compared to FY10. FY11 auxiliary enterprises revenue decreased $126,842 compared to FY10. Refer to Figure 1 for the three year trend of the operating revenues as a percent to total operating revenues."
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