Kentucky State University
Budget vs. Actual
Three months ending September 30, 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 | 7,028,880 | 30.00% | -70.00% | 6,000,330 | | 1,028,550 |
| Student tuition & mandatory fees | 20,205,500 | 8,564,048 | 42.38% | -57.62% | 8,564,048 | | |
| Auxiliaries | 6,187,500 | 2,571,294 | 41.56% | -58.44% | | 2,571,294 | |
| Other | 3,682,000 | 652,121 | 17.71% | -82.29% | 652,121 | | |
| Total revenue | 53,504,600 | 18,816,343 | 35.17% | -64.83% | 15,216,499 | 2,571,294 | 1,028,550 |
| EXPENDITURES | | | | | | | |
| Instruction | 12,985,000 | 2,129,409 | 16.40% | -83.60% | 2,106,490 | | 22,919 |
| Research | 1,942,100 | 333,035 | 17.15% | -82.85% | | | 333,035 |
| Public Service | 1,621,100 | 325,201 | 20.06% | -79.94% | 27,812 | | 297,389 |
| Academic Support | 2,174,600 | 372,036 | 17.11% | -82.89% | 372,036 | | |
| Student Services | 5,749,100 | 1,217,878 | 21.18% | -78.82% | 1,217,878 | | |
| Institutional Support | 12,351,600 | 2,179,021 | 17.64% | -82.36% | 2,178,937 | 84 | |
| Operations & Maintenance | 5,450,600 | 1,013,382 | 18.59% | -81.41% | 1,013,382 | | |
| Student Financial Aid | 5,043,000 | 2,659,772 | 52.74% | -47.26% | 2,659,772 | | |
| Residence Halls | 2,957,200 | 327,733 | 11.08% | -88.92% | | 327,733 | |
| Dining | 2,513,800 | 255,735 | 10.17% | -89.83% | | 255,735 | |
| Other Auxiliaries | 716,500 | 187,589 | 26.18% | -73.82% | | 187,589 | |
| Total expenditures | 53,504,600 | 11,000,791 | 20.56% | -79.44% | 9,576,307 | 771,141 | 653,343 |
| Surplus (deficit) before transfers | - | 7,815,552 | | | 5,640,192 | 1,800,153 | 375,207 |
| Mandatory & non mandatory transfers | - | - | | | - | - | - |
| Surplus (deficit) before other activity | - | 7,815,552 | | | 5,640,191 | 1,800,153 | 375,207 |
| Other fund net activity | - | 182,429 | | | | | |
| Increase (decrease) in net position | - | 7,997,981 | | | | | |
| Year to date – 25.00% of budget has expired | | | | | | | |
12