| Cash flows from operating activities | |
|---|
| Tuition and fees | $ 10,328,395 |
|---|
| Grants and contracts | 20,552,945 |
|---|
| Payments to suppliers | (24,566,180) |
|---|
| Payments to employees | (35,003,003) |
|---|
| Payments to students | (5,330,437) |
|---|
| Loans issued to students | (80,475) |
|---|
| Collection of loans issued to students | 351,750 |
|---|
| Auxiliary enterprises: | |
|---|
| Residence halls and dining | 3,562,387 |
|---|
| Other auxiliaries | 107,503 |
|---|
| Other receipts | 981,948 |
|---|
| Net cash from operating activities | (29,095,167) |
|---|
| Cash flows from non-capital financing activities | |
|---|
| State appropriations | 26,729,600 |
|---|
| Federal grants and contracts | 3,776,772 |
|---|
| Other | (88,964) |
|---|
| Net cash from non-capital financing activities | 30,417,408 |
|---|
| Cash flows from capital financing activities | |
|---|
| Purchases of capital assets | (6,759,524) |
|---|
| Principal paid on capital debt | (751,440) |
|---|
| Interest paid on capital debt | (226,835) |
|---|
| Capital appropriations | 4,906,223 |
|---|
| Net cash from capital financing activities | (2,831,576) |
|---|
| Cash flows from investing activities | |
|---|
| Investment income | 1,407,599 |
|---|
| Proceeds from sale of investments | 6,985,208 |
|---|
| Purchases of investments | (8,171,906) |
|---|
| Net cash from investing activities | 220,901 |
|---|
| Net change in cash and cash equivalents | (1,288,434) |
|---|
| Cash and cash equivalents at beginning of year | 19,948,892 |
|---|
| Cash and cash equivalents at end of year | $ 18,660,458 |
|---|
19.