KENTUCKY STATE UNIVERSITY MANAGEMENT'S DISCUSSION AND ANALYSIS June 30, 2020

The graph in Figure 3 shows a two-year trend of designated, non-designated, and combined spending. Designated spending decreased $1.9 million in 2020. Non-designated spending increased $1.4 million in 2020. Combined spending decreased $0.4 million in 2020.

Figure 3

Capital Asset and Debt Administration

Capital Assets

Capital assets, net of accumulated depreciation, totaled $93.4 million at June 30, 2020, an increase of $18.2 million. Capital assets as of June 30, 2020 and significant changes in capital assets during the year are as follows (in millions):

June 30, 2020Net Additions (Reductions) FY 19-20June 30, 2019
Land and land improvements$ 6.3$ -$ 6.3
Buildings, fixed equipment and infrastructure155.8-155.8
Equipment, vehicles and capitalized software32.60.831.8
Library materials and art10.6-10.6
Construction in progress31.821.110.7
Accumulated depreciation(143.7)(3.7)(140.0)
Total$ 93.4$ 18.2$ 75.2

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