September 13-14 - Nebraska State College System

Wayne State College
Revenue Bond Expenditure Report
For the Fiscal Year Ending June 30, 2007
Report Date: September 14, 2007 Report Period: July 1, 2006-June 30, 2007
Revenues:
Budgeted Year-to-Date Percent of
06-07 06-07 Budget
Residence Hall/Dormitory Rentals $2,390,000 $2,422,653 101.37%
Apartment/House Rentals 200 216 108.00%
Facilities Rentals 3,000 4,975 165.83%
Food Service Contracts 2,735,000 2,743,038 100.29%
Food Service Commissions 56,228 60,276 107.20%
Facilities Fees* 725,100 726,035 100.13%
Bookstore Commissions/Income 120,943 125,606 103.86%
Parking Fees/Fines 105,000 119,487 113.80%
Trustee Investment/Interest Income 210,000 234,990 111.90%
Other Income 105,300 91,796 87.18%
Total Revenues $6,450,771 $6,529,072 101.21%
Expenditures:
FTE 60.20
Salaries and Benefits $1,894,442 $1,810,707 95.58%
Utilities 701,915 744,020 106.00%
Insurance 40,000 36,626 91.57%
Equipment & Furnishings 25,000 16,803 67.21%
Capital Outlay 35,000 8,325 23.79%
Telephone/Cable Television/Internet 300,000 295,338 98.45%
Supplies 188,700 158,639 84.07%
Repairs and Maintenance 85,000 89,581 105.39%
Other Operating Expenses 125,576 139,917 111.42%
Subtotal - Operations and Maintenance $3,395,633 $3,299,956 97.18%
Food Service Payments $1,526,500 $1,526,396 99.99%
Debt Service 734,688 734,688 100.00%
Total Expenditures $5,656,821 $5,561,040 98.31%
Available for Distribution
to Subsidiary Funds $793,950 $968,032 121.93%
Debt Service Coverage Ratio 2.08 2.32
*All student derived fees