September 13-14 - Nebraska State College System

Wayne State College
Financial Report -- Fiscal Year 2006-07
For the Period Ending June 30, 2007
DAS ACCOUNTS
LOCAL ACCOUNTS
GENERAL GRANTS AND AUXILIARY STATE TRUST First State Farmers &
OPERATIONS CONTRACTS ENTERPRISES BUILDING FUNDS FUNDS National Bank National Bank Merchants Bank TOTALS
STATEMENT OF POSITION
ASSETS:
Cash Held--DAS 0.00
Cash Held -- Local Banks 805.06 805.06
Investments--DAS 7,171,886.63 72,852.44 70,017.99 86,418.70 7,401,175.76
Investments--Local Banks 217,143.24 45,000.00 10,000.00 272,143.24
Undisbursed Appropriations 247,456.95 0.00 247,456.95
Undisbursed Federal Funds 214,082.64 214,082.64
TOTAL ASSETS 7,419,343.58 286,935.08 70,017.99 0.00 86,418.70 217,948.30 45,000.00 10,000.00 8,135,663.65
Encumbrances 0.00
Deferred Revenue 0.00
Unencumbered Fund Balances 7,419,343.58 286,935.08 70,017.99 0.00 86,418.70 217,948.30 45,000.00 10,000.00 8,135,663.65
TOTAL LIABILITIES AND FUND BALANCES 7,419,343.58 286,935.08 70,017.99 0.00 86,418.70 217,948.30 45,000.00 10,000.00 8,135,663.65
STATEMENT OF REVENUE AND EXPENDITURES
Tuition and Fees 11,486,915.44 679,323.87 15,386.63 233,530.04 12,415,155.98
Deferred Revenue 0.00
State Appropriations 17,514,189.00 17,514,189.00
Grants and Contracts 3,288,471.42 3,288,471.42
Trustee Transfers 3,350,000.00 3,350,000.00
Local Accounts 10,706,871.67 0.00 10,706,871.67
TOTAL REVENUES 29,001,104.44 3,967,795.29 3,365,386.63 0.00 233,530.04 10,706,871.67 0.00 0.00 47,274,688.07
EXPENDITURES:
State Treasurer's Accounts 27,173,247.77 3,954,255.53 3,299,955.71 264,501.47 34,691,960.48
Local Bank Accounts 10,693,919.28 10,693,919.28
TOTAL EXPENDITURES 27,173,247.77 3,954,255.53 3,299,955.71 0.00 264,501.47 10,693,919.28 0.00 0.00 45,385,879.76
NET INCREASE (DECREASE) IN FUND BALANCES: 1,827,856.67 13,539.76 65,430.92 0.00 -30,971.43 12,952.39 0.00 0.00 1,888,808.31
FUND BALANCE June 30, 2006 5,591,486.91 273,395.32 4,587.07 0.00 117,390.13 204,995.91 45,000.00 10,000.00 6,246,855.34
FUND BALANCE June 30, 2007 7,419,343.58 286,935.08 70,017.99 0.00 86,418.70 217,948.30 45,000.00 10,000.00 8,135,663.65
Note: Excludes Perkins Loan Fund.
Note: Excludes amount transferred for Capital Projects. Cash Fund Capital Project balance at June 30, 2007 is $2,835,919