Kentucky State University
Summary of Auxiliary Revenue and Expenditures
2023-2024 Revised Budget
| FY 2024 | FY 2024 | FY 2024 | FY 2024 |
|---|
| Adopted | | Through Sep | Percent of |
|---|
| Budget | Revised Budget | 12 2023 | Budget |
|---|
| Housing | | 5,589,700 | 3,427,483 | 61% |
|---|
| Dining | | 3,055,300 | 1,779,458 | 58% |
|---|
| Bookstore | | 1,427,600 | 826,144 | 58% |
|---|
| Other Sources | | 100,000 | 7,811 | 8% |
|---|
| Scholarships | | | (126,720) | |
|---|
| Total Auxiliary Revenue | 9,033,100 | 10,172,600 | 5,914,176 | 58% |
|---|
| Personnel Services | | 680,450 | 19,446 | 3% |
|---|
| Services and Contracts | | 6,598,975 | 161,129 | 2% |
|---|
| Building Reserve | | 1,500,000 | - | |
|---|
| Equipment Reserve | | 100,000 | - | |
|---|
| Total Auxiliary Expenses | 5,924,402 | 8,779,425 | 180,575 | 2% |
|---|
| Surplus/(Deficit) | 3,108,698 | 1,393,175 | | |
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| Asset Preservation1 | | | | |
|---|
| Balance Carry Forward | 1,963,674 | | | |
|---|
| Asset Preservation Fees Collected | 375,000 | | | |
|---|
| Total Asset Preservation Revenue | 2,338,674 | | | |
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| Restricted Funds1 | | | | |
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2