RAMAPO MAGAZINE Annual Report 2000, Special Edition
	In this Issue
	Ramapo College of New Jersey - Financial Statements
	BALANCE SHEETS June 30, 2000 (dollars in thousands) Current Funds Unrestricted Restricted Total Endowment Fund Student Loan Funds Plant Funds Total Assets Cash and temporary cash investments $5,526 $310 $5,836 $ $68 $530 $6,434 Investments 1,101 22,680 23,781 Student accounts receivable, less allowance for accounts of $353 in 2000 9 9 9 Student loans receivable, less allowance for loans of $577 in 2000 658 658 Gifts and grants receivable 1,225 1,225 1,225 Other receivables 1,379 1,379 1,524 2,903 Prepaid expenses and other assets Investment in plant 123,466 123,466 Total assets $6,914 $1,535 $8,449 $1,101 $726 $148,200 $158,476 Liabilities and Fund Balances Accounts payable $1,297 $396 $1,693 $ $ $4,504 $6,197 Accrued liabilities 3,961 3,961 1,550 5,511 Deferred student tuition and fees 939 939 939 Student deposits 128 128 128 Deferred revenues - other 195 195 17 212 Agency funds Obligations under capital leases 62,689 62,689 Obligations under notes payable 553 553 Due to (from) other funds (1,071) 940 (131) 64 67 Total liabilities 5,254 1,531 6,785 64 69,380 76,229 Fund balances Unrestricted 1,660 1,660 1,037 2,697 Restricted 4 4 4 U.S. Government grants refundable 726 726 Unexpended plant 870 870 Repair and replacement 889 889 Retirement of indebtedness 7,765 7,765 Net investment in plant 69,296 69,296 Total fund balances 1,660 4 1,664 1,037 726 78,820 82,247 Total liabilities and fund balances $6,914 $1,535 $8,449 $1,101 $726 $148,200 $158,476 Back to top STATEMENT OF CURRENT FUNDS REVENUES, EXPENDITURES AND OTHER CHANGES Year Ended June 30, 2000 With Comparative Totals For 1999 (dollars in thousands) Unrestricted 2000 Restricted Total 1999 Total Revenues Educational and general Student tuition and fees $18,475 $ $18,475 $16,236 Gifts, grants and contracts 5,715 5,715 5,541 Government appropriations 26,458 26,458 23,837 Investment income 604 604 554 Other sources 167 167 122 45,704 5,715 51,419 46,290 Auxiliary activities 16,194 16,194 11,098 Total revenues 61,898 5,715 67,613 57,388 Expenditures and mandatory transfers Educational and general Instruction 19,009 763 19,772 17,465 Academic support 3,939 3,939 3,632 Student services 5,770 637 6,407 5,914 Institutional support 9,058 9,058 8,284 Student financial aid and scholarships 1,516 4,428 5,944 4,917 Research 432 Operations and maintenance of plant 7,220 7,220 6,238 Educational and general expenditures 46,512 5,828 52,340 46,882 Mandatory transfers - decrease (increase) Debt service 888 888 748 Matching grants 113 (113) Total education and general 47,513 5,715 53,228 47,630 Auxiliary activities Expenditures 11,549 11,549 7,120 Mandatory transfers Debt service 3,088 3,088 2,398 Total auxiliary activities 14,637 14,637 9,518 Total expenditures and mandatory transfers 62,150 5,715 67,865 57,148 (Deficiency) excess of revenues over expenditures and mandatory transfers (252) (252) 240 Other transfers, net - decrease 708 (2) 706 (4,077) (Deficiency) excess of restricted revenues over expenditures (120) (120) 273 Net increase (decrease) in fund balances $456 $(122) $334 $(3,564) Back to top In this Issue