D4
KENTUCKY STATE UNIVERSITY
Regular Meeting of the
Board of Regents
External Relations and Development Committee
January 24, 2014
9:00 am to 10:00 am
Board Room – Academic Services Building
Frankfort, Kentucky
As of December 31, 2013, Auxiliary Enterprises has recorded revenues as follows:
| Prior Year YTD | Current Year YTD | Variance |
|---|
| Food Services | 2,542,000 | 2,981,000 | 439,000 |
|---|
| Housing | 2,953,000 | 3,149,000 | 196,000 |
|---|
| Bookstore | 75,000 | 75,000 | (0) |
|---|
| Facility Usage | 12,000 | 9,000 | 3,000 |
|---|
| Laundry | 23,000 | 22,000 | (1,000) |
|---|
The Housing and Food Service variance is due to a higher student count over the previous year. A portion of the food service variance is related to a meal-plan increase. Housing occupancy at the end of December was at 90 percent with 919 students, compared to 821 during the previous year. The housing occupancy portion of the total enrollment is 36 percent compared to 33 percent during the previous year.