KENTUCKY STATE UNIVERSITY
Statements of Revenues, Expenses and Changes in Net Position
Years ended June 30, 2013 and 2012
| 2013 | 2012 |
|---|
| REVENUES | | |
|---|
| Operating revenues | | |
|---|
| Student tuition and fees (net of scholarship allowances of $4,276,036 and $4,533,476) | $ 16,595,920 | $ 18,943,062 |
|---|
| Federal grants and contracts | 7,588,912 | 10,720,989 |
|---|
| Federal appropriations | 6,873,169 | 3,796,394 |
|---|
| State and local grants and contracts | 1,584,056 | 1,547,004 |
|---|
| Auxiliary enterprises: | | |
|---|
| Residence halls | 2,836,181 | 3,278,362 |
|---|
| Dining | 2,775,383 | 3,261,069 |
|---|
| Bookstore | 152,500 | 152,500 |
|---|
| Other auxiliaries | 301,329 | 146,898 |
|---|
| Other operating revenues | 1,131,620 | 1,653,909 |
|---|
| Total operating revenues | 39,839,070 | 43,500,187 |
|---|
| EXPENSES | | |
|---|
| Operating expenses | | |
|---|
| Educational and general | | |
|---|
| Instruction | 13,701,239 | 14,381,597 |
|---|
| Research | 5,783,591 | 7,668,990 |
|---|
| Public service | 5,419,529 | 6,113,245 |
|---|
| Academic support | 3,367,893 | 4,286,089 |
|---|
| Student services | 7,712,162 | 7,464,907 |
|---|
| Institutional support | 9,672,796 | 12,740,655 |
|---|
| Operation and maintenance of plant | 5,602,000 | 3,297,562 |
|---|
| Student aid | 9,162,677 | 10,098,858 |
|---|
| Depreciation | 4,174,107 | 4,141,979 |
|---|
| Auxiliary enterprises | | |
|---|
| Residence halls | 2,626,565 | 2,426,878 |
|---|
| Dining | 2,608,016 | 2,896,641 |
|---|
| Other auxiliaries | 1,039,110 | 541,047 |
|---|
| Depreciation | 336,961 | 343,800 |
|---|
| Total operating expenses | 71,206,646 | 76,402,248 |
|---|
| Operating loss | (31,367,576) | (32,902,061) |
|---|