KENTUCKY STATE UNIVERSITY MANAGEMENT'S DISCUSSION AND ANALYSIS June 30, 2018

The graph in Figure 3 shows a two-year trend of designated, non-designated, and combined spending. Designated spending decreased $2.4 million in 2018. Non-designated spending decreased $0.2 million in 2018. Combined spending decreased $2.6 million in 2018.

Figure 3

Capital Asset and Debt Administration

Capital Assets

Capital assets, net of accumulated depreciation, totaled $76.9 million at June 30, 2018, a decrease of $0.9 million. Capital assets as of June 30, 2018 and significant changes in capital assets during the year are as follows (in millions):

Net Additions
June 30, 2018(Reductions) FY 17-18June 30, 2017
Land and land improvements$ 6.3$ -$ 6.3
Buildings, fixed equipment and infrastructure155.20.5154.7
Equipment, vehicles and capitalized software31.31.030.3
Library materials and art10.60.110.5
Construction in progress9.63.06.6
Accumulated depreciation(136.1)(5.5)(130.6)
Total$ 76.9$ (0.9)$ 77.8

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