2012 Total Revenue and Percent Distribution

2012 Total Revenue and Its Source Table Core Revenue Percent Distribution Tuition & Fees $27,914,424 21.93% State Appropriation $33,375,112 26.22% Local Appropriation $9,839,421 7.73% Government Grants & Contracts $39,434,056 30.98% Private Gifts, Grants, & Contracts $2,202,095 1.73% Investment Return $0 0.00% Other $13,047,097 10.25%

Comparison Total Revenue and Percent Distribution Over Past 5 Years

Total Revenue and Its Source Over Past 5 Years Table 2008 2009 2010 2011 2012 Tuition & Fees 22.03% 21.50% 22.53% 21.95% 21.93% State Appropriation 32.57% 33.05% 31.50% 27.20% 26.22% Local Appropriation 9.10% 8.75% 8.66% 8.03% 7.73% Government Grants & Contracts 22.88% 24.18% 26.48% 29.52% 30.98% Private Gifts, Grants, & Contracts 0.00% 0.00% 0.00% 1.75% 1.73% Investment Return 0.00% 0.00% 0.00% 0.00% 0.00% Other 13.44% 12.52% 10.84% 10.41% 10.25%

Total Revenue and Its Source Over Past 5 Years Table 2008 2009 2010 2011 2012 Tuition & Fees $24,275,295 $23,950,007 $23,993,908 $26,226,541 $27,914,424 State Appropriation $35,889,530 $36,816,173 $33,546,742 $32,499,404 $33,375,112 Local Appropriation $10,027,471 $9,747,096 $9,222,692 $9,594,493 $9,839,421 Government Grants & Contracts $25,211,927 $26,935,403 $28,200,563 $35,271,412 $39,434,056 Private Gifts, Grants, & Contracts $0 $0 $0 $2,090,954 $2,202,095 Investment Return $0 $0 $0 $0 $0 Other $14,809,803 $13,946,702 $11,544,339 $12,438,191 $13,047,097

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We analyze the total revenue and its source of public colleges in US. The total revenue analysis is based on GASB (Governmental Accounting Standards Board). The GASB is currently the source of generally accepted accounting principles (GAAP) used by State and Local governments in the United States of America. (source: Wikipedia We provide 2012 revenue analysis table and chart. In addition, we compare its revenue and percent distribution for past 5 years.*** see Glossary of Terms for further understanding.