Kentucky State University Statement of Revenues, Expenses and Changes in Net Assets (By Function) Period Ending February 28, 2009 (Unaudited)
| NONOPERATING REVENUES (EXPENSES) | |
|---|---|
| State appropriations | 21,572,261 |
| Federal Grants and Contracts | 4,146,967 |
| Gifts | 546,207 |
| Investment income (net of investment expense) | (1,904,100) |
| Interest on capital asset-related debt | 12,297 |
| Other non-operating revenues (expenses) | (913,118) |
| Net non-operating revenues | 23,460,514 |
| Income (loss) before other revenues, expenses, gains or losses | 12,026,704 |
| Capital appropriations | 675,949 |
| Increase (decrease) in net assets | 12,702,653 |
| Net assets, beginning of year | 93,360,936 |
| Beginning balance adjustments | - |
Net assets, end of year 106,063,589
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