KENTUCKY STATE UNIVERSITY

STATEMENT OF NET POSITION (CONTINUED) JUNE 30, 2022

Noncurrent liabilities:
Net pension liability54,914,289
Net OPEB liability9,400,581
Accrued compensated absences1,395,462
Lease liability248,247
Long-term debt, noncurrent portion95,882,279
Federal grants refundable534,603
Total noncurrent liabilities162,375,461
DEFERRED INFLOWS OF RESOURCES
Deferred inflows - pension15,373,914
Deferred inflows - OPEB5,327,412
Total deferred inflows of resources20,701,326
Total liabilities and deferred inflows of resources192,253,986
NET POSITION (DEFICIT)
Net investment in capital assets74,864,875
Restricted:
Nonexpendable - endowment8,696,091
Expendable10,367,263
Unrestricted deficit(90,387,092)
Total net position (deficit)$ 3,541,137

See accompanying notes to financial statements.

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