Kentucky State University
Budget vs. Actual
Six months ending December 31, 2014
(Amounts shown in dollars)
| Approved Budget | YTD Actual Activity | YTD Actual % of Budget | % Variance | YTD ACTUAL BY FUND GROUP |
|---|
| Education and General | Auxiliary | Land Grant and Action Agenda |
| REVENUE | | | | | | | |
| State appropriations | 23,429,600 | 12,886,280 | 55.00% | -45.00% | 11,000,605 | | |
| Student tuition & mandatory fees | 20,205,500 | 13,580,215 | 67.21% | -32.79% | 13,580,215 | | |
| Auxiliaries | 6,187,500 | 3,964,000 | 64.06% | -35.94% | | 3,964,000 | |
| Other | 3,682,000 | 1,267,971 | 34.44% | -65.56% | 1,267,971 | | |
| Total revenue | 53,504,600 | 31,698,466 | 59.24% | -40.76% | 25,848,792 | 3,964,000 | 1,885,675 |
| EXPENDITURES | | | | | | | |
| Instruction | 12,985,000 | 4,490,181 | 34.58% | -65.42% | 4,458,081 | | |
| Research | 1,942,100 | 596,809 | 30.73% | -69.27% | | | 32,100 |
| Public Service | 1,621,100 | 626,247 | 38.63% | -61.37% | 59,918 | | 596,809 |
| Academic Support | 2,174,600 | 744,700 | 34.25% | -65.75% | 744,700 | | 566,329 |
| Student Services | 5,749,100 | 2,963,910 | 51.55% | -48.45% | 2,963,910 | | |
| Institutional Support | 12,351,600 | 4,696,810 | 38.03% | -61.97% | 4,696,726 | 84 | |
| Operations & Maintenance | 5,450,600 | 2,349,128 | 43.10% | -56.90% | 2,349,128 | | |
| Student Financial Aid | 5,043,000 | 2,958,648 | 58.67% | -41.33% | 2,958,648 | | |
| Residence Halls | 2,957,200 | 636,153 | 21.51% | -78.49% | | 636,153 | |
| Dining | 2,513,800 | 1,078,994 | 42.92% | -57.08% | | 1,078,994 | |
| Other Auxiliaries | 716,500 | 393,304 | 54.89% | -45.11% | | 393,304 | |
| Total expenditures | 53,504,600 | 21,534,883 | 40.25% | -59.75% | 18,231,111 | 2,108,534 | 1,195,238 |
| Surplus (deficit) before transfers | - | 10,163,583 | | | 7,617,681 | 1,855,465 | 690,437 |
| Mandatory & non mandatory transfers | - | - | | | - | - | - |
| Surplus (deficit) before other activity | - | 10,163,583 | | | 7,617,681 | 1,855,465 | 690,437 |
| Other fund net activity | - | (4,480,455) | | | | | |
| Increase (decrease) in net position | - | 5,683,128 | | | | | |
| Year to date – 50.00% of budget has expired | | | | | | | |
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