Kentucky State University
Budget vs. Actual
Twelve months ending June 30, 2015
(Amounts shown in dollars)
YTD ACTUAL BY FUND GROUP
| 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 | 23,430,914 | 100.01% | 0.01% | 20,001,100 | | |
| Student tuition & mandatory fees | 20,205,500 | 16,291,976 | 80.63% | -19.37% | 16,291,976 | | |
| Auxiliaries | 6,187,500 | 4,463,016 | 72.13% | -27.87% | | 4,463,016 | |
| Other | 3,682,000 | 2,028,405 | 55.09% | -44.91% | 2,028,405 | | |
| Total revenue | 53,504,600 | 46,214,311 | 86.37% | -13.63% | 38,321,481 | 4,463,016 | 3,429,814 |
| EXPENDITURES | | | | | | | |
| Instruction | 12,985,000 | 10,751,113 | 82.80% | -17.20% | 10,704,064 | | |
| Research | 1,942,100 | 1,275,525 | 65.68% | -34.32% | | | 47,048 |
| Public Service | 1,621,100 | 1,394,118 | 86.00% | -14.00% | 129,312 | | 1,275,525 |
| Academic Support | 2,174,600 | 1,730,152 | 79.56% | -20.44% | 1,730,152 | | 1,264,806 |
| Student Services | 5,749,100 | 4,759,742 | 82.79% | -17.21% | 4,759,742 | | |
| Institutional Support | 12,351,600 | 12,388,118 | 100.30% | 0.30% | 12,388,034 | 84 | |
| Operations & Maintenance | 5,450,600 | 5,045,587 | 92.57% | -7.43% | 5,043,493 | 2,094 | |
| Student Financial Aid | 5,043,000 | 5,875,060 | 116.50% | 16.50% | 5,875,060 | | |
| Residence Halls | 2,957,200 | 1,363,882 | 46.12% | -53.88% | | 1,363,882 | |
| Dining | 2,513,800 | 1,929,171 | 76.74% | -23.26% | | 1,929,171 | |
| Other Auxiliaries* | 716,500 | 1,442,866 | 201.38% | 101.38% | 55,843 | 1,387,023 | |
| Total expenditures | 53,504,600 | 47,955,332 | 89.63% | -10.37% | 40,685,700 | 4,682,253 | 2,587,379 |
| Surplus (deficit) before transfers | - | (1,741,021) | | | (2,364,218) | (219,237) | 842,435 |
| Mandatory & non mandatory transfers | - | - | | | | | |
| Surplus (deficit) before other activity | - | (1,741,021) | | | (2,364,218) | (219,237) | 842,435 |
| Other fund net activity** | - | (4,044,378) | | | | | |
| Increase (decrease) in net position | - | (5,785,399) | | | | | |
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