TABLE 5-2

STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN NET ASSETS
FOR THE FISCAL YEARS ENDED JUNE 30, 2001 AND JUNE 30, 2002

      REVENUES 2000-01 2001-02
Tuition & Fees  $   48,529,185  $   52,061,522
Federal Operating Grants & Contracts         9,096,016       11,366,430
State Operating Grants & Contracts         5,641,370         7,249,488
Local/Private Operating Grants & Contracts         2,292,633         2,256,857
Auxiliary Enterprises       78,002,577       80,164,607
Other Operating Revenues            740,399            792,227
State Appropriations       69,793,028       68,184,781
Gifts            585,589            465,053
Investment Income         2,818,235         1,736,223
Capital Appropriations         3,663,533            515,941
Capital Grants & Gifts         1,743,402         5,442,455
      TOTAL REVENUES     222,905,967     230,235,584
           *                                                *                                                   *                              *
      EXPENSES & OTHER DEDUCTIONS 2000-01 2001-02
Instruction  $   68,020,149  $   68,907,452
Research         1,537,122         2,866,517
Public Service         8,303,263         8,814,366
Academic Support       18,397,936       18,093,430
Student Services         6,138,847         6,429,561
Institutional Support       11,775,436       11,679,516
Operation & Maintenance of Plant       17,096,858       13,188,150
Scholarships & Fellowships         3,760,238         3,706,951

     TOTAL EDUCATIONAL & GENERAL

    135,029,849     133,685,943
Depreciation       13,314,796       14,211,502
Auxiliary Enterprises       62,905,733       61,175,851
Nonoperating Interest         3,489,577         3,534,088

Other Nonoperating Expenses & Deductions

           191,353         3,396,248
           TOTAL EXPENSES & DEDUCTIONS     214,931,308     216,003,632
                    *                              *                                                  *                                        *
Increase in net assets  $     7,974,659  $   14,231,952
Net assets - beginning of year     193,191,375     201,166,034
            NET ASSETS - END OF YEAR     201,166,034     215,397,986
 
NOTE:       FY2001-02 is the first year JMU reported the IPEDS Finance data under new GASB 34/35 accounting standards. FY2000-01 data for this display is also compiled under the new standards. Previous editions of the Statistical Summary contain the IPEDS Finance data under the old accounting standards.

SOURCE:    IPEDS Finance Survey.

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