Pages

Report of Independent Auditors.....1-2 Management's Discussion and Analysis.....3-17 Financial Statements: Kentucky State University Statements of Net Position.....18 Kentucky State University Foundation, Inc. Statements of Financial Position.....19 Kentucky State University Statements of Revenues, Expenses and Changes in Net Position.....20-21 Kentucky State University Foundation, Inc. Statements of Activities.....22-23 Kentucky State University Statements of Cash Flows.....24-25 Kentucky State University Notes to the Financial Statements.....26-55 Kentucky State University Foundation, Inc. Notes to the Financial Statements.....55-62 Required Supplementary Information.....63-64 Report on Internal Control Over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards.....65-66 Schedule of Findings and Responses.....67-68