Kentucky State University
Statement of Revenues, Expenses and Changes in Net Assets (By Function)
Period Ending November 30, 2008
(Unaudited)
| NONOPERATING REVENUES (EXPENSES) | |
|---|
| State appropriations | 14,842,813 |
|---|
| Federal Grants and Contracts | 2,062,727 |
|---|
| Gifts | 354,063 |
|---|
| Investment income (net of investment expense) | (1,524,252) |
|---|
| Interest on capital asset-related debt | (61,181) |
|---|
| Other non-operating revenues (expenses) | (421,872) |
|---|
| Net non-operating revenues | 15,252,298 |
|---|
| Income (loss) before other revenues, expenses, gains or losses | 7,753,640 |
|---|
| Capital appropriations | 135,000 |
|---|
| Increase (decrease) in net assets | 7,888,639 |
|---|
| Net assets, beginning of year | 93,360,936 |
|---|
| Beginning balance adjustments | - |
|---|
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