| 2025 | 2024 |
| Budget | Actual | % | Revised Budget | Actual | % |
|---|
| Revenue | | | | | | |
|---|
| Gross Student Tuition and Fees1 | 18,210,800.00 | 17,198,051.00 | 94.44% | 16,278,694.00 | | |
|---|
| Scholarships | (4,000,000.00) | (5,133,716.09) | 128.34% | (2,000,000.00) | | |
|---|
| Uncollected2 | (898,000.00) | (3,163,025.62) | 352.23% | | | |
|---|
| Net Student Tuition and fees | 13,312,800.00 | 8,901,309.29 | 66.86% | 14,278,694.00 | 15,445,755.00 | 108.17% |
|---|
| State Appropriations | 20,165,900.00 | 21,060,900.00 | 104.44% | 18,738,900.00 | 18,235,500.00 | 97.31% |
|---|
| Sales and Services | 1,000,000.00 | 1,482,153.48 | 148.22% | 640,800.00 | 1,229,701.30 | 191.90% |
|---|
| Transfers In | | | | | | |
|---|
| Total Revenue | 34,478,700.00 | 31,444,362.77 | 91.20% | 33,658,394.00 | 34,910,956.30 | 103.72% |
|---|
| Expenses/Transfers | | | | | | |
|---|
| Salaries and Wages3 | 11,642,600.00 | 13,836,271.74 | 118.84% | 14,298,977.30 | 11,601,869.12 | 81% |
|---|
| Benefits | 6,416,200.00 | 5,342,213.55 | 83.26% | 6,896,163.44 | 4,952,220.53 | 72% |
|---|
| Contracted Services | 3,000,000.00 | 1,009,555.51 | 33.65% | 4,059,877.27 | 55,114.75 | 1% |
|---|
| Operating | 4,866,900.00 | 8,708,000.80 | 178.92% | 3,500,348.02 | 7,484,051.05 | 214% |
|---|
| Utilities | 5,200,000.00 | 2,140,554.04 | 41.16% | 3,312,133.97 | 1,963,534.22 | 59% |
|---|
| Capital | | | | | | |
|---|
| Transfers | 3,353,000.00 | 1,689,245.72 | 50.38% | | 4,501,900.28 | |
|---|
| Total Expenses and Transfers4 | 34,478,700.00 | 32,725,841.36 | 94.92% | 32,067,500.00 | 30,558,689.95 | 95% |
|---|
1Gross student tuition and fees actual reflects amount billed in Banner.
2Uncollected amount at 2,655,257.65 as of 06/17/2025. Please note Summer semester is included, increasing uncollected temporarily. Efforts continue to address outstanding balances and additional scholarships to be applied.
3Salaries and Wages includes Board of Regents approved one-time bonus to eligible employees.
4Actuals are presented on the modified cash basis of accounting. KSU maintains its accounting system on the accrual-basis of accounting as required by Generally Accepted Accounting Principles (GAAP). For the month/period ending 5/31/2025, the accounting system included accounts payable totaling 1,461,189.04 which includes invoices not processed under a purchase order of 315,825.91.