KENTUCKY STATE UNIVERSITY MANAGEMENT'S DISCUSSION AND ANALYSIS June 30, 2017

The graph in Figure 3 shows a two-year trend of designated, non-designated, and combined spending. Designated spending increased $12.7 million in 2017. Non-designated spending decreased $3.4 million in 2017. Combined spending increased $9.3 million in 2017.

Figure 3

Capital Asset and Debt Administration

Capital Assets

Capital assets, net of accumulated depreciation, totaled $77.8 million at June 30, 2017, an increase of $2.7 million. Capital assets as of June 30, 2017 and significant changes in capital assets during the year are as follows (in millions):

Net Additions
June 30, 2017(Reductions) FY 16-17June 30, 2016
Land and land improvements$ 6.3$ -$ 6.3
Buildings, fixed equipment and infrastructure154.7-154.7
Equipment, vehicles and capitalized software30.32.028.3
Library materials and art10.5-10.5
Construction in progress6.64.71.9
Accumulated depreciation(130.6)(4.0)(126.6)
Total$ 77.8$ 2.7$ 75.1

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