| CASH FLOWS FROM OPERATING ACTIVITIES | |
| Tuition and Fees | $ 6,320,042 |
|---|---|
| Grants, Contracts, and Gifts | 21,427,740 |
| Payments to Suppliers | (23,281,196) |
| Payments to Employees | (44,916,048) |
| Payments to Students | (3,199,942) |
| Federal Direct Lending Receipts | 9,030,327 |
| Federal Direct Lending Payments | (9,030,327) |
| Auxiliary Enterprises | 6,937,513 |
| Other Receipts | 1,872,910 |
| Net Cash Used by Operating Activities | (34,838,981) |
| CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES | |
| State Appropriations | 27,880,600 |
| Grants and Contracts | 7,636,939 |
| Other Receipts | 22,932 |
| Net Cash Provided by Noncapital Financing Activities | 35,540,471 |
| CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES | |
| Capital Grant | 2,619,162 |
| Purchases of Capital Assets | (22,244,631) |
| Principal Paid on Long-Term Debt | (750,414) |
| Principal Paid on Lease and SBITA Contracts | (1,418,627) |
| Interest Paid on Long-Term Debt, Leases, and SBITA Contracts | (2,273,955) |
| Net Cash Used by Capital and Related Financing Activities | (24,068,465) |
| CASH FLOWS FROM INVESTING ACTIVITIES | |
| Purchase of Investments | (1,675,408) |
| Interest on Investments | (486,107) |
| Proceeds from Sales and Maturities of Investments | 1,927,524 |
| Net Cash Used by Investing Activities | (233,991) |
| NET CHANGE IN CASH AND CASH EQUIVALENTS | (23,600,966) |
| Cash and Cash Equivalents - Beginning of Year | 31,791,460 |
| CASH AND CASH EQUIVALENTS - END OF YEAR | $ 8,190,494 |
| SHOWN IN THE FINANCIAL STATEMENTS AS: | |
| Cash and Cash Equivalents | $ 2,054,180 |
| Restricted Cash and Cash Equivalents | 6,136,314 |
| Total | $ 8,190,494 |
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