Total operating revenue at February 2009 total $29.9 million and operating expenses total $41.3 million creating an operating income loss of $11.4 million. State appropriations are recognized as non-operating revenues and have been received in the amount of $21.6 million at February 2009. The FY2009 reduction will be realized in April and reduced from the April 2009 distribution.

After recording adjustments and accruals (e.g., bad debt expense and accrued liabilities) and including capital appropriations, the final change in net assets at February 2009 is an increase of $12.7 million.