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