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 | - |
Net assets, end of year ___ 101,249,575
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