Tuition and fee revenue comparison for May 2013 and June 2012 represents a $1.6 million decrease. Net student tuition and fees totals $17.3 million and $18.9 million in May 2013 and June 2012 respectively.
Auxiliary revenue comparison for May 2013 and June 2012 represents a decrease of $898 thousand.
Operating expenses for May 2013 decreased by $10.8 million compared to operating expenses in June 2012. The decrease was primarily due to decreases in salaries and benefits.
The Statement of Cash Flows reflects a net increase of $2.3 million at May 31, 2013. Operations consumed $24.8 million and $32.2 million in May 2013 and June 2012, respectively.
Informational
| Initiator: | Jessica Peete Senior Financial Analyst |
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| Board Action Date: | July 26, 2013 |
| Effective Date: | July 26, 2013 |