Kentucky State University Statement of Revenues, Expenses and Changes in Net Assets (By Function) Period Ending February 29, 2012 (Unaudited)

REVENUESFY 2012
Operating Revenues
Student tuition and fees (gross)21,694,414
Less: Scholarship allowances(3,927,673)
Student tuition and fees (net of scholarships)17,766,741
Federal grants and contracts4,926,517
Federal appropriations2,049,878
State and local grants and contracts347,429
Nongovernmental grants and contracts-
Auxiliary enterprises
Residence halls3,312,289
Dining3,122,789
Bookstore75,000
Other auxiliaries41,386
Other operating revenues776,326
Total operating revenues32,418,355
EXPENSES
Operating expenses
Educational and general
Instruction8,506,334
Research3,666,068
Public service3,787,544
Academic support2,522,866
Student services4,357,083
Institutional support6,645,677
Operation and maintenance of plant3,915,098
Student aid9,051,544
Depreciation2,498,865
Auxiliary enterprises
Residence halls1,863,465
Dining1,820,064
Bookstore-
Other auxiliaries94,803
Depreciation440,976
Total operating expenses49,170,387
Operating income (loss)(16,752,032)