Kentucky State University
Budget vs. Actual
Ten months ending April 30, 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 | 23,479,600 | 100.21% | 0.21% | 20,051,100 | | 3,428,500 |
|---|
| Student tuition & mandatory fees | 20,205,500 | 16,004,242 | 79.21% | -20.79% | 16,004,242 | | |
|---|
| Auxiliaries | 6,187,500 | 4,398,059 | 71.08% | -28.92% | | 4,398,059 | |
|---|
| Other | 3,682,000 | 1,911,978 | 51.93% | -48.07% | 1,911,978 | | |
|---|
| Total revenue | 53,504,600 | 45,793,879 | 85.59% | -14.41% | 37,967,320 | 4,398,059 | 3,428,500 |
|---|
| EXPENDITURES | | | | | | | |
|---|
| Instruction | 12,985,000 | 8,671,064 | 66.78% | -33.22% | 8,627,182 | | 43,882 |
|---|
| Research | 1,942,100 | 1,085,752 | 55.91% | -44.09% | | | 1,085,752 |
|---|
| Public Service | 1,621,100 | 1,186,853 | 73.21% | -26.79% | 106,068 | | 1,080,785 |
|---|
| Academic Support | 2,174,600 | 1,461,005 | 67.18% | -32.82% | 1,461,005 | | |
|---|
| Student Services | 5,749,100 | 4,112,260 | 71.53% | -28.47% | 4,112,260 | | |
|---|
| Institutional Support | 12,351,600 | 10,762,936 | 87.14% | -12.86% | 10,762,852 | 84 | |
|---|
| Operations & Maintenance | 5,450,600 | 4,633,800 | 85.01% | -14.99% | 4,633,800 | | |
|---|
| Student Financial Aid | 5,043,000 | 5,805,508 | 115.12% | 15.12% | 5,805,508 | | |
|---|
| Residence Halls | 2,957,200 | 1,106,239 | 37.41% | -62.59% | | 1,106,239 | |
|---|
| Dining | 2,513,800 | 1,714,563 | 68.21% | -31.79% | | 1,714,563 | |
|---|
| Other Auxiliaries | 716,500 | 539,074 | 75.24% | -24.76% | | 539,074 | |
|---|
| Total expenditures | 53,504,600 | 41,079,054 | 76.78% | -23.22% | 35,508,675 | 3,359,960 | 2,210,419 |
|---|
| Surplus (deficit) before transfers | - | 4,714,825 | | | 2,458,646 | 1,038,098 | 1,218,081 |
|---|
| Mandatory & non-mandatory transfers | - | - | | | - | - | - |
|---|
| Surplus (deficit) before other activity | - | 4,714,825 | | | 2,458,646 | 1,038,098 | 1,218,081 |
|---|
| Other fund net activity | - | (3,305,936) | | | | | |
|---|
| Increase (decrease) in net position | - | 1,408,889 | | | | | |
|---|
| Year to date – 83.33% of budget has expired |