Kentucky State University Statement of Revenues, Expenses and Changes in Net Assets (By Function) Period Ending December 31, 2010 (Unaudited)

FY 2011
REVENUES
Operating Revenues
Student tuition and fees (gross)19,143,191
Less: Scholarship allowances(2,560,898)
Student tuition and fees (net of scholarships)16,582,293
Federal grants and contracts4,245,570
Federal appropriations2,387,313
State and local grants and contracts341,658
Nongovernmental grants and contracts6,231
Auxiliary enterprises
Residence halls3,495,816
Dining3,181,985
Bookstore75,000
Other auxiliaries28,563
Other operating revenues614,738
Total operating revenues30,959,167
EXPENSES
Operating expenses
Educational and general
Instruction6,208,108
Research3,231,822
Public service1,903,701
Academic support1,496,235
Student services3,071,301
Institutional support5,396,593
Operation and maintenance of plant2,493,231
Student aid5,181,181
Depreciation1,955,937
Auxiliary enterprises
Residence halls666,506
Dining1,436,033
Bookstore-
Other auxiliaries200,347
Depreciation177,746
Total operating expenses33,418,741
Operating income (loss)(2,459,574)

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