Revenues
Operating Revenues
Toll Collections $0.00
Federal Grants and Contracts 0.00
State and Local Grants and Contracts 0.00
Nongovernmental Grants and Contracts 0.00
Other Operating Revenues 0.00
Total Operating Revenues 0.00


Expenses
Operating Expenses
Personal Services 1,528,799.38
Supplies and Materials 51,078.73
Contracted Personal Services 1,288,341.93
Travel 45,196.93
Advertising 27,697.93
Utilities 34,399.94
Dues and Subscription Fees 1,825.00
Other Services 82,336.98
Capital Outlay 162,130.34
Rental Expense 152,017.07
Depreciation 3,483.07
Total Operating Expenses 3,377,307.30
Operating (Loss) (3,377,307.30)


Nonoperating Revenues (Expenses)
State Aid 0.00
Noncapital Grants 0.00
Investment Income, Net 7,481.43
Interest and Fees on Debt 0.00
Other Nonoperating Revenues (Expenses) 0.00
Net Nonoperating Revenues 7,481.43
Income Before Other Revenues, Expenses, Gains, and Losses (3,369,825.87)
 
State Capital Aid 0.00
Capital Grants 6,523,927.83
Special Items 0.00
Extraordinary Items 0.00
Increase (Decrease) in Net Assets 3,154,101.96


Net Assets
Net Assets, July 1, 2006 as Restated (1,515,660.19)
Net Assets, June 30, 2007 1,638,441.77


1578 Mail Service Center · Raleigh, NC 27699-1578 · 5400 Glenwood Avenue, Suite 400 · Raleigh, NC 27612
Phone: 919-571-3000 · Fax: 919-571-3015
Page updated 12/9/2008