Kentucky State University
Statement of Revenues, Expenses and Changes in Net Position (By Function)
Periods Ending November 30, 2013 and December 31, 2012
(Unaudited)
| November 2013 | December 2012 |
|---|
| REVENUES | | |
|---|
| Operating revenue: | | |
|---|
| Student tuition and fees (gross) | $11,591,670 | $10,971,684 |
|---|
| Less: Scholarship allowances | (2,335,405) | (2,190,839) |
|---|
| Student tuition and fees (net of scholarships) | 9,256,265 | 8,780,845 |
|---|
| Federal grants and contracts | 2,716,482 | 5,543,710 |
|---|
| Federal appropriations | 3,031,914 | 2,649,822 |
|---|
| State and local grants and contracts | 869,582 | 614,916 |
|---|
| Auxiliary enterprises | | |
|---|
| Residence halls | 1,684,552 | 2,940,805 |
|---|
| Dining | 1,576,781 | 2,672,767 |
|---|
| Bookstore | 62,500 | 75,000 |
|---|
| Other auxiliaries | 42,197 | 51,204 |
|---|
| Other operating revenues | 819,655 | 614,572 |
|---|
| Total operating revenue | 20,059,927 | 23,943,641 |
|---|
| EXPENSES | | |
|---|
| Operating expenses: | | |
|---|
| Educational and general | | |
|---|
| Instruction | 4,418,153 | 5,127,865 |
|---|
| Research | 2,319,883 | 2,941,565 |
|---|
| Public service | 3,159,829 | 3,741,104 |
|---|
| Academic support | 973,044 | 1,474,586 |
|---|
| Student services | 3,103,502 | 3,157,814 |
|---|
| Institutional support | 4,633,345 | 5,424,446 |
|---|
| Operations and maintenance of plant | 2,330,219 | 2,808,972 |
|---|
| Student aid | 4,745,149 | 5,319,568 |
|---|
| Depreciation | 1,719,353 | 1,733,085 |
|---|
| Auxiliary enterprises | | |
|---|
| Residence halls | 628,676 | 1,419,916 |
|---|
| Dining | 1,329,356 | 1,246,374 |
|---|
| Other auxiliaries | 290,847 | 315,805 |
|---|
| Depreciation | 137,598 | 143,271 |
|---|
| Total operating expenses | 29,788,954 | 34,582,371 |
|---|
| Operating income (loss) | ($9,729,207) | ($10,638,730) |
|---|