Kentucky State University
Unrestricted Current Funds
Budget to Actual
For the Period ending 1/31/2021
| Opening Budget as of 7/1/2020 | Adjustments | Adjusted Budget as of 1/31/2021 | Year to Date Activity |
|---|
| Operating revenues: | | | | |
|---|
| Student tuition and fees* | 13,998,000 | | 13,998,000 | 17,768,513 |
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| Sales and services of educational activities | | | | |
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| Budgeted fund balance | | | | |
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| Auxiliary enterprises: | | | | |
|---|
| Residence Halls | 955,000 | | 955,000 | 1,953,713 |
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| Dining - Sodexo | 1,127,000 | | 1,127,000 | 3,721,456 |
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| Other Auxiliaries | | | | |
|---|
| Other operating revenues | 428,000 | | 428,000 | 307,448 |
|---|
| Total operating revenues | 16,508,000 | - | 16,508,000 | 23,751,129 |
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| Operating expenses: | | | | |
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| Educational & General | | | | |
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| Instruction | 8,236,306 | | 8,236,306 | 6,423,480 |
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| Land Grant - Research | 3,813,198 | | 3,813,198 | 2,983,118 |
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| Land Grant - Extension | 3,335,602 | | 3,335,602 | 2,803,878 |
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| Public Service | | | | 71,513 |
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| Library | 644,838 | | 644,838 | 442,937 |
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| Academic support | | | - | 177 |
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| Student services | 4,760,000 | (15,000) | 4,745,000 | 4,886,940 |
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| Institutional support | 9,354,833 | 15,000 | 9,369,833 | 7,353,421 |
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| Operation and maintenance of plant | 4,768,442 | | 4,768,442 | 3,237,703 |
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| Student aid | 3,335,000 | | 3,335,000 | 3,806,402 |
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| Auxiliary enterprises: | | | - | - |
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| Residence Halls | 436,482 | | 436,482 | 1,237,265 |
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| Meals - Sodexo | 842,625 | | 842,625 | 1,845,505 |
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| Other auxiliaries | 1,095,759 | | 1,095,759 | 1,045,318 |
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| Total operating expenses | 40,623,085 | - | 40,623,085 | 36,137,657 |
|---|
| Operating loss | (24,115,085) | - | (24,115,085) | (12,386,528) |
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| Non-Operating revenues (expenses): | | | | |
|---|
| State appropriations | 24,115,085 | - | 24,115,085 | 20,155,477 |
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| Investment income (net of expense) | - | - | - | 31,319 |
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| Budgeted contingency reserves | | | - | |
|---|
| Net Non-Operating revenues (expense) | 24,115,085 | - | 24,115,085 | 20,186,795 |
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| Income (Loss) before capital appropriations | - | - | - | 7,800,267 |
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