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            "text": "KENTUCKY STATE UNIVERSITY\nManagement's Discussion and Analysis, Continued",
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            "text": "June 30, 2011"
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            "text": "Capital Asset and Debt Administration",
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            "text": "Capital Assets"
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            "text": "Capital assets, net of accumulated depreciation, totaled $83.4 million at June 30, 2011, an increase of $403,565. Capital assets as of June 30, 2011 and 2010 and significant changes in capital assets during the year are as follows (in millions):"
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                    "text": "June 30, 2009",
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                    "text": "Net Additions (Reductions) FY 09-10",
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                    "text": "$ 5.6",
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                        "colspan": 1
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                    "text": "114.5",
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                {
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                    "text": "Accumulated depreciation",
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                        "col": 0,
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                        "colspan": 1
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                {
                    "id": "p18.6.38",
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                    "text": "(100.7)",
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                        "colspan": 1
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                    "text": "$ 80.6",
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                        "colspan": 1
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                    "text": "$ 83.0",
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                    "text": "$ 83.4",
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            "text": "At June 30, 2011, the University has capital construction projects in progress totaling $5.1 million in scope."
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            "text": "Long-Term Debt",
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            "text": "At June 30, 2011, bonds and lease payable amounted to $9.4 million, as summarized below:"
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                    "text": "2010",
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