ASSETS |
|
|
|
CURRENT ASSETS |
|
|
|
Unrestricted cash and cash equivalents |
$59,994,443 |
$118,389,672 |
(49.3) |
Restricted cash and cash equivalents |
$10,534,443 |
$2,709,928 |
288.7 |
Unrestricted Short-term investments |
$212,618,731 |
$214,516,288 |
(0.9) |
Restricted short-term investments |
$77,146,113 |
|
|
Accounts receivable, net |
$99,255,867 |
$102,155,637 |
(2.8) |
Current portion of notes receivable |
$2,701,798 |
$2,752,636 |
(1.8) |
Current portion of student loans receivable |
$2,011,646 |
$1,956,516 |
2.8 |
Current portion of pledges receivable |
$9,345,092 |
$10,535,857 |
(11.3) |
Inventories |
$7,407,491 |
$7,623,215 |
(2.8) |
Prepaid expenses and unearned scholarships |
$82,420,743 |
$72,749,393 |
13.3 |
Other current assets |
$1,247,522 |
$1,358,644 |
(8.2) |
Total current assets |
$564,683,889 |
$534,747,786 |
5.6 |
NON-CURRENT ASSETS |
|
|
|
Restricted cash and cash equivalents |
$2,511,329 |
$5,277,770 |
(52.4) |
Endowment, and life income investments |
$658,672,567 |
$667,980,131 |
(1.4) |
Investments for capital activities |
$180,887,624 |
$320,393,929 |
(43.5) |
Other long-term investments |
$336,559,461 |
$166,759,779 |
101.8 |
Notes receivable, net |
$124,190,244 |
$111,282,107 |
11.6 |
Student loans receivable, net |
$9,077,914 |
$9,053,703 |
0.3 |
Pledges receivable, net |
$15,140,723 |
$15,773,444 |
(4.0) |
Capital assets, net |
$1,811,315,270 |
$1,655,111,628 |
9.4 |
Other noncurrent assets |
$8,201,430 |
$8,935,917 |
(8.2) |
Total noncurrent assets |
$3,146,556,562 |
$2,960,568,408 |
6.3 |
Total assets |
$3,711,240,451 |
$3,495,316,194 |
6.2 |
DEFERRED OUTFLOWS OF RESOURCES |
|
|
|
Bond deferred refunding |
$14,471,215 |
$15,285,207 |
(5.3) |
TRS employer contributions |
$39,092,939 |
|
|
Pension related |
$12,940,000 |
|
|
Total deferred outflows of resources |
$66,504,154 |
$15,285,207 |
335.1 |
Total assets and deferred outflows of resources |
$3,777,744,605 |
$3,510,601,401 |
7.6 |
LIABILITIES AND NET POSITION |
|
|
|
CURRENT LIABILITIES |
|
|
|
Accounts payable and accrued liabilities |
$139,126,040 |
$134,590,998 |
3.4 |
Current portion of unearned revenue |
$261,790,575 |
$240,432,573 |
8.9 |
Deposits |
$114,491,781 |
$30,295,768 |
277.9 |
Current portion of long-term debt |
$24,085,947 |
$22,047,751 |
9.2 |
Total current liabilities |
$539,494,343 |
$427,367,090 |
26.2 |
NONCURRENT LIABILITIES |
|
|
|
Federal refundabale loans |
$8,191,477 |
$8,019,604 |
2.1 |
Other liabilities |
$6,163,123 |
$5,604,264 |
10.0 |
Net pension liability |
$472,075,000 |
|
|
Unearned revenue |
$9,422,669 |
$9,384,375 |
0.4 |
Long-term debt, net |
$952,208,314 |
$928,084,715 |
2.6 |
Total noncurrent liabilities |
$1,448,060,583 |
$951,092,958 |
52.3 |
Total liabilities |
$1,987,554,926 |
$1,378,460,048 |
44.2 |
DEFFERED INFLOWS OF RESOURCES |
$35,395,000 |
|
|
NET POSITION |
|
|
|
Invested in capital assets |
$927,823,421 |
$862,965,092 |
7.5 |
Restricted |
|
|
|
Nonexpendable |
$382,130,652 |
$368,301,686 |
3.8 |
Expendable |
$316,001,640 |
$344,919,026 |
(8.4) |
Unrestricted |
$128,838,966 |
$555,955,549 |
(76.8) |
Total net position |
$1,754,794,679 |
$2,132,141,353 |
(17.7) |
Total liabilities, deferred inflows of resources and net position |
$3,777,744,605 |
$3,510,601,401 |
7.6 |