Kentucky State University
Statement of Revenues, Expenses and Changes in Net Assets (By Function)
Period Ending August 31, 2012 and 2011
(Unaudited)
| FY 2013 | FY 2012 |
|---|
| REVENUES | | |
|---|
| Operating Revenues | | |
|---|
| Student tuition and fees (gross) | 8,579,879 | 11,765,722 |
|---|
| Less: Scholarship allowances | (985,283) | (19,766) |
|---|
| Student tuition and fees (net of scholarships) | 7,594,596 | 11,745,956 |
|---|
| Federal grants and contracts | 452,676 | 4,274 |
|---|
| Federal appropriations | 120,627 | - |
|---|
| State and local grants and contracts | 50,392 | - |
|---|
| Nongovernmental grants and contracts | - | - |
|---|
| Auxiliary enterprises | | |
|---|
| Residence halls | 1,543,950 | 1,712,480 |
|---|
| Dining | 1,413,810 | 1,582,067 |
|---|
| Bookstore | 25,000 | - |
|---|
| Other auxiliaries | 7,000 | - |
|---|
| Other operating revenues | 132,151 | 177,039 |
|---|
| Total operating revenues | 11,340,202 | 15,221,816 |
|---|
| EXPENSES | | |
|---|
| Operating expenses | | |
|---|
| Educational and general | | |
|---|
| Instruction | 647,294 | 1,178,226 |
|---|
| Research | 960,439 | 727,354 |
|---|
| Public service | 1,216,507 | 677,202 |
|---|
| Academic support | 372,375 | 424,497 |
|---|
| Student services | 753,305 | 867,976 |
|---|
| Institutional support | 1,532,339 | 1,407,147 |
|---|
| Operation and maintenance of plant | 434,686 | 1,052,355 |
|---|
| Student aid | 2,428,640 | 807,147 |
|---|
| Depreciation | 644,105 | 622,441 |
|---|
| Auxiliary enterprises | | |
|---|
| Residence halls | 240,903 | 172,457 |
|---|
| Dining | 264,790 | - |
|---|
| Bookstore | - | - |
|---|
| Other auxiliaries | 105,376 | 33,276 |
|---|
| Depreciation | 113,666 | 109,842 |
|---|
| Total operating expenses | 9,714,425 | 8,079,920 |
|---|
| Operating income (loss) | 1,625,777 | 7,141,896 |
|---|
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