Kentucky State University Statement of Revenues, Expenses and Changes in Net Assets (By Function) Period Ending February 28, 2009 (Unaudited)

FY 2009
REVENUES
Operating Revenues
Student tuition and fees (gross)17,419,695
Less: Scholarship allowances(4,345,497)
Student tuition and fees (net of scholarships)13,074,198
Federal grants and contracts4,660,826
Federal appropriations3,187,012
State and local grants and contracts2,024,454
Nongovernmental grants and contracts33,046
Auxiliary enterprises
Residence halls3,177,990
Dining2,888,983
Bookstore115,735
Other auxiliaries43,646
Other operating revenues708,163
Total operating revenues29,914,052
EXPENSES
Operating expenses
Educational and general
Instruction8,965,806
Research3,146,724
Public service2,955,084
Academic support1,807,027
Student services3,817,539
Institutional support5,638,014
Operation and maintenance of plant3,129,408
Student aid6,541,876
Depreciation1,543,000
Auxiliary enterprises
Residence halls1,507,882
Dining1,702,602
Bookstore10,000
Other auxiliaries310,606
Depreciation272,294
Total operating expenses41,347,862
Operating income (loss)(11,433,810)

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