ASSETS |
|
|
|
CURRENT ASSETS |
|
|
|
Unrestricted cash and cash equivalents |
$118,389,672 |
$95,442,097 |
24.0 |
Restricted cash and cash equivalents |
$2,709,928 |
$10,185,725 |
(73.4) |
Short-term investments |
$214,516,288 |
$224,328,503 |
(4.4) |
Accounts receivable, net |
$102,155,637 |
$94,558,012 |
8.0 |
Current portion of notes receivable |
$2,752,636 |
$4,277,022 |
(35.6) |
Current portion of student loans receivable |
$1,956,516 |
$1,899,015 |
3.0 |
Current portion of pledges receivable |
$10,535,857 |
$9,798,492 |
7.5 |
Inventories |
$7,623,215 |
$6,318,476 |
20.6 |
Prepaid and deferred expenses |
$72,749,393 |
$64,139,151 |
13.4 |
Other current assets |
$1,358,644 |
$1,375,388 |
(1.2) |
Total current assets |
$534,747,786 |
$512,321,881 |
4.4 |
NON-CURRENT ASSETS |
|
|
|
Restricted cash and cash equivalents |
$5,277,770 |
$23,921,067 |
(77.9) |
Endowment, and life income investments |
$667,980,131 |
$617,611,309 |
8.2 |
Investments for capital activities |
$320,393,929 |
$240,718,002 |
33.1 |
Other long-term investments |
$166,759,779 |
$169,636,373 |
(1.7) |
Notes receivable, net |
$111,282,107 |
$74,198,637 |
50.0 |
Student loans receivable, net |
$9,053,703 |
$8,983,590 |
0.8 |
Pledges receivable, net |
$15,773,444 |
$13,851,323 |
13.9 |
Capital assets, net |
$1,655,111,628 |
$1,539,631,730 |
7.5 |
Other noncurrent assets |
$8,935,917 |
$9,132,603 |
(2.2) |
Total noncurrent assets |
$2,960,568,408 |
$2,697,684,634 |
9.7 |
Total assets |
$3,495,316,194 |
$3,210,006,515 |
8.9 |
DEFERRED OUTFLOWS OF RESOURCES |
$15,285,207 |
|
|
Total assets and deferred outflows of resources |
$3,510,601,401 |
$3,210,006,515 |
9.4 |
LIABILITIES AND NET ASSETS |
|
|
|
CURRENT LIABILITIES |
|
|
|
Accounts payable and accrued liabilities |
$134,590,998 |
$135,967,883 |
(1.0) |
Current portion of deferred revenue |
$240,432,573 |
$222,758,317 |
7.9 |
Deposits |
$30,295,768 |
$43,473,241 |
(30.3) |
Current portion of long-term debt |
$22,047,751 |
$22,042,947 |
0.0 |
Total current liabilities |
$427,367,090 |
$424,242,388 |
0.7 |
NONCURRENT LIABILITIES |
|
|
|
Federal refundabale loans |
$8,019,604 |
$8,036,873 |
(0.2) |
Other liabilities |
$5,604,264 |
$5,270,702 |
6.3 |
Deferred revenue |
$9,384,375 |
$8,382,716 |
11.9 |
Long-term debt, net |
$928,084,715 |
$798,426,049 |
16.2 |
Total noncurrent liabilities |
$951,092,958 |
$820,116,340 |
16.0 |
Total liabilities |
$1,378,460,048 |
$1,244,358,728 |
10.8 |
NET ASSETS |
|
|
|
Invested in capital assets, net of related debt |
$862,965,092 |
$817,415,403 |
5.6 |
Restricted |
|
|
|
Nonexpendable |
$368,301,686 |
$352,224,161 |
4.6 |
Expendable |
$344,919,026 |
$330,619,227 |
4.3 |
Unrestricted |
$555,955,549 |
$478,672,387 |
16.1 |
Total net assets |
$2,132,141,353 |
$1,978,931,178 |
7.7 |
Total liabilities and net assets |
$3,510,601,401 |
$3,223,289,906 |
8.9 |