KENTUCKY STATE UNIVERSITY
MANAGEMENT'S DISCUSSION AND ANALYSIS (CONTINUED) JUNE 30, 2022
Condensed Statement of Net Position
20222021
ASSETS
Current$ 12,740,549$ 5,305,589
Noncurrent169,187,013117,282,543
Total assets181,927,562122,588,132
DEFERRED OUTFLOWS OF RESOURCES13,867,56116,141,444
Total assets and deferrals195,795,123138,729,576
LIABILITIES
Current9,177,19919,560,907
Noncurrent162,375,461101,659,808
Total liabilities171,552,660121,220,715
DEFERRED INFLOWS OF RESOURCES20,701,32614,272,865
Total liabilities and deferrals192,253,986135,493,580
NET POSITION (DEFICIT)
Net investment in capital assets74,864,87577,450,985
Restricted19,063,35421,945,544
Unrestricted deficit(90,387,092)(96,160,533)
Total net position (deficit)$ 3,541,137$ 3,235,996
7.