Kentucky State University
Budget vs. Actual
Six months ending December 31, 2015
(Amounts shown in dollars)
YTD ACTUAL BY FUND GROUP
| Approved Budget | YTD Actual Activity | YTD Actual % of Budget | % Variance | Education and General | Auxiliary | Land Grant and Action Agenda |
|---|
| REVENUE | | | | | | | |
|---|
| State appropriations | 23,429,600 | 12,886,300 | 55.00% | -45.00% | 11,000,625 | | 1,885,675 |
|---|
| Student tuition & mandatory fees | 16,509,300 | 11,649,604 | 70.56% | -29.44% | 11,649,604 | | |
|---|
| Auxiliaries | 4,543,100 | 3,510,078 | 77.26% | -22.74% | | 3,510,078 | |
|---|
| Other | 1,385,800 | 500,575 | 36.12% | -63.88% | 500,575 | | |
|---|
| Total revenue | 45,867,800 | 28,546,557 | 62.62% | -37.76% | 23,150,804 | 3,510,078 | 1,885,675 |
|---|
| EXPENDITURES | | | | | | | |
|---|
| Instruction | 10,933,000 | 4,268,686 | 39.04% | -60.96% | 4,256,380 | | 12,306 |
|---|
| Research | 1,449,600 | 761,824 | 52.55% | -47.45% | 38,545 | | 723,279 |
|---|
| Public Service | 2,067,600 | 944,125 | 45.66% | -54.34% | 346,277 | | 597,849 |
|---|
| Academic Support | 1,822,800 | 671,539 | 36.84% | -63.16% | 671,539 | | |
|---|
| Student Services | 4,592,100 | 2,173,408 | 47.33% | -52.67% | 2,173,192 | 216 | |
|---|
| Institutional Support | 12,194,900 | 4,202,493 | 34.46% | -65.54% | 4,202,493 | | |
|---|
| Operations & Maintenance | 6,302,300 | 2,748,477 | 43.61% | -56.39% | 2,748,477 | | |
|---|
| Student Financial Aid | 4,312,900 | 2,782,023 | 64.50% | -35.50% | 2,782,023 | | |
|---|
| Residence Halls | 299,600 | 596,364 | 199.05% | 99.05% | | 596,364 | |
|---|
| Dining | 1,596,300 | 919,081 | 57.58% | -42.42% | | 919,081 | |
|---|
| Other Auxiliaries | 296,700 | 201,451 | 67.90% | -32.10% | | 201,451 | |
|---|
| Total expenditures | 45,867,800 | 20,269,471 | 44.19% | -55.81% | 17,218,925 | 1,717,112 | 1,333,434 |
|---|
| Surplus (deficit) before transfers | - | 8,277,086 | | | 5,931,880 | 1,792,966 | 552,241 |
|---|
| Mandatory & non mandatory transfers | - | | | | | | |
|---|
| Surplus (deficit) before other activity | - | 8,277,086 | | | 5,931,880 | 1,792,966 | 552,241 |
|---|
| Other fund net activity | - | (3,187,573) | | | | | |
|---|
| Increase (decrease) in net position | - | 5,089,513 | | | | | |
|---|
| Year to date – 50.00% of budget has expired | | | | | | | |
|---|
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