EXHIBIT A

UNIVERSITY OF NORTH TEXAS

BALANCE SHEET

August 31, 1999

(With Comparative Totals August 31, 1998)

UNAUDITED

C U R R E N T F U N D S

U N R E S T R I C T E D F U N D S

P L A N T F U N D S

TOTALS

AUXILIARY

ENDOWMENT&

RENEWALS AND

RETIREMENT OF

INVESTMENT

AGENCY

(MEMORANDUM)

GENERAL

DESIGNATED

ENTERPRISES

TOTAL

RESTRICTED

LOAN FUNDS

SIMILAR FUNDS

UNEXPENDED

REPLACEMENTS

INDEBTEDNESS

IN PLANT

FUNDS

1999

1998

$

$

$

$

$

$

$

$

$

$

$

$

$

$

ASSETS

Cash & Temporary Investments

19,728,082.25

26,010,798.57

22,330,438.46

68,069,319.28

9,949,034.40

3,125,509.12

8,421,121.16

20,291,100.84

4,036,922.35

14,429,151.54

13,386,979.85

141,709,138.54

106,520,114.11

Bal in State Appropriations

13,998,487.49

13,998,487.49

1,483,286.31

10,751,993.38

26,233,767.18

21,388,424.49

Accounts Receivable (net of allowance

for doubtful accts of $35,399.75

6,394,488.07

133,043.02

-1,154.42

6,526,376.67

1,246,774.83

515,007.00

647,366.00

5,910.77

8,941,435.27

10,517,104.29

& $38,763.07, respectively)

Due from Other Funds

0.00

3,559,793.58

3,559,793.58

8,195,562.68

Due from Other State Agencies

1,900.00

1,900.00

398,069.65

399,969.65

5,700.00

Investments

0.00

13,017.84

13,017.84

10,981.25

Accrued Interest Receivable

1,072,507.32

1,072,507.32

121,988.95

1,194,496.27

864,237.11

Prepaid Expenses

33,075.00

15,674.49

48,749.49

48,749.49

146,789.03

Deferred Charges

0.00

0.00

0.00

Federal Receivables

0.00

2,264,785.55

2,264,785.55

4,918,974.53

Deposits

0.00

1,000.00

1,000.00

1,000.00

Notes Receivables (net of allowance

for doubtful accts of $144,022.20

& $165,680, respectively)

305,231.39

2,966.94

308,198.33

2,621,199.67

2,929,398.00

2,845,301.03

Consumable Inventories

1,963,167.62

991,133.17

2,954,300.79

2,954,300.79

3,128,720.09

Inventories, at Cost

312,195.40

312,195.40

413.00

312,608.40

280,021.22

Work in Process

0.00

0.00

0.00

Land

0.00

14,286,871.11

14,286,871.11

13,676,893.00

Buildings

0.00

176,012,083.30

176,012,083.30

175,675,281.97

Improvements Other than Bldgs.

0.00

15,798,354.50

15,798,354.50

15,481,898.25

Equipment

0.00

73,414,483.92

73,414,483.92

69,310,232.94

Library Books

0.00

42,498,994.00

42,498,994.00

39,246,893.00

Construction in Progress

0.00

45,829,438.20

45,829,438.20

38,044,699.61

TOTAL ASSETS

43,496,939.14

27,150,649.25

22,644,446.38

93,292,034.77

13,859,077.43

5,869,697.74

8,421,121.16

21,774,387.15

15,303,922.73

18,636,311.12

367,840,225.03

13,405,908.46

558,402,685.59

510,258,828.60

LIABILITIES AND FUND BALANCES

Liabilities:

Accounts Payable

9,189,384.26

1,289,548.68

1,478,396.70

11,957,329.64

1,205,702.19

146,603.00

695,090.63

17,789.67

14,022,515.13

13,817,910.20

Deposits Payable

581,281.81

688,048.49

1,269,330.30

1,269,330.30

1,185,056.08

Due to Other Funds

0.00

3,559,793.58

3,559,793.58

8,195,562.68

Deferred Revenues

10,978,365.01

2,200,723.80

8,414,236.68

21,593,325.49

647,366.00

22,240,691.49

21,380,653.34

Accrued Compensable Absences Payable

2,877,407.24

99,347.23

517,373.30

3,494,127.77

5,534.42

3,499,662.19

3,333,806.14

Revenue Bonds Payable

0.00

20,139,001.35

39,395,998.65

59,535,000.00

40,355,000.00

Less Deferred Interest

0.00

-1,441,762.81

-1,441,762.81

-2,043,470.61

Bond Interest Payable

0.00

4,579,598.08

4,579,598.08

3,999,482.37

Lease-Purchases Payable

0.00

135,833.23

135,833.23

236,028.25

Funds Held in Custody /Others

0.00

13,388,118.79

13,388,118.79

9,602,147.80

Total Liabilities

23,626,438.32

3,589,619.71

11,098,055.17

38,314,113.20

4,771,030.19

0.00

0.00

20,285,604.35

695,090.63

5,226,964.08

38,090,069.07

13,405,908.46

120,788,779.98

100,062,176.25

Fund Balances:

Unrestricted

Reserved

Encumbrances

2,050,112.00

1,941,046.65

773,362.67

4,764,521.32

4,764,521.32

4,674,846.15

Reserve for Working Funds

2,095.00

84,030.00

86,125.00

86,125.00

84,622.68

Reserve for Goods for Resale Inventory

312,195.40

312,195.40

312,195.40

278,866.22

Reserve for Consumable Supplies Inventory

684,149.58

684,149.58

684,149.58

682,924.98

State Appns to be Lapsed

0.00

0.00

0.00

Reserve for Consumable Supplies Inventory

2,296,439.21

2,296,439.21

2,296,439.21

2,471,990.11

Reserve for Prepaid Expenses

0.00

0.00

0.00

TUCA Reserve

779,876.24

779,876.24

779,876.24

664,261.80

HEAF Funds

6,776,332.94

6,776,332.94

6,776,332.94

5,657,658.71

Unreserved

Allocated

Future Operating Budget

7,935,643.83

2,379,710.54

10,315,354.37

10,315,354.37

9,829,513.44

Student Service Fees

608,407.10

608,407.10

608,407.10

507,088.96

Restricted Parking Fees

147,544.49

147,544.49

147,544.49

44,397.61

Student ID Card Fees

692,635.28

692,635.28

692,635.28

642,335.40

Returned Checks

111,157.78

111,157.78

111,157.78

97,628.42

Student Health Center

377,233.47

377,233.47

377,233.47

354,693.37

Union Food Court Fees

283,926.53

283,926.53

283,926.53

Student Union Fees

548,626.79

548,626.79

548,626.79

821,532.60

Building Reserve

1,872,828.95

1,872,828.95

1,872,828.95

0.00

Service Dept Operating Funds

826,816.52

826,816.52

826,816.52

828,923.35

Student Loan Programs

0.00

0.00

44,815.79

TAMS Reserve

705,007.92

705,007.92

705,007.92

461,356.86

TPEG Funds

329,755.48

329,755.48

329,755.48

158,756.68

Scholarship Funds

718,833.08

718,833.08

718,833.08

503,404.40

Course Fees/Special Svc Fees

3,596,222.87

3,596,222.87

3,596,222.87

2,519,537.02

Reserve for Equip Replacement

1,211,342.56

1,211,342.56

1,211,342.56

1,062,766.70

Computer Services Fees

416,010.71

416,010.71

416,010.71

435,392.07

Overhead Allocated to Research

380,851.95

380,851.95

380,851.95

339,299.99

Construction Projects

0.00

1,452,642.49

12,349,808.47

13,802,450.96

7,410,078.77

Unrealized Increase in FV of Inv.

-14,843.68

-178,002.88

-156,904.41

-349,750.97

-59,437.56

-3,232.53

2,932,095.46

-126,160.93

36,989.20

-46,337.89

2,384,164.78

2,486,175.76

Unallocated

10,594,129.84

5,891,347.16

16,485,477.00

0.00

10,975,953.87

27,461,430.87

25,904,051.19

Restricted

Restricted - Encumbered

0.00

1,516,415.12

37,452.69

2,222,028.44

3,775,896.25

5,371,657.51

Restricted - Other

0.00

7,631,069.68

3,699,272.55

124,848.55

5.99

2,479,731.06

13,934,927.83

15,421,025.77

US Govrnmnt Grants Refundable

0.00

2,173,657.72

2,173,657.72

2,151,266.58

Endowment

0.00

2,593,975.59

2,593,975.59

2,602,606.20

Quasi-Endowments-Restricted

0.00

1,245,384.83

1,245,384.83

1,214,645.18

Quasi-Endowments-Unrestricted

0.00

1,649,665.28

1,649,665.28

1,580,190.95

Net Invested in Plant

0.00

329,750,155.96

329,750,155.96

312,888,341.13

Total Fund Balances (Exh. B)

19,870,500.82

23,561,029.54

11,546,391.21

54,977,921.57

9,088,047.24

5,869,697.74

8,421,121.16

1,488,782.80

14,608,832.10

13,409,347.04

329,750,155.96

0.00

437,613,905.61

410,196,652.35