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FINANCIAL STATEMENT

KCC

STATEMENT OF NET POSITION AS OF JUNE 30 (IN MILLIONS)

2017

2016

2015

Assets Current assets

$ 22.7

Restricted cash

$

7.6

19.3

$ 21.9

Long-term investments 4.9 4.0 2.1 Capital assets — Net

57.7

58.0

56.4

Total assets

92.9

81.3

80.4

Deferred outflows of resources 4.7 4.3 3.5 Total assets and deferred outflows of resources

97.6

$ 85.6

$ 83.9

$

$

Liabilities Current liabilities

$

8.6

9.1

9.9

Noncurrent liabilities

57.2

48.3

46.4

Total liabilities

65.8

57.4

56.3

Deferred inflows of resources 2.5 1.9 3.9

Total liabilities and deferred inflows of resources

68.3

59.3

60.2

Net Position Net investment in capital assets

$ 48.5

$ 50.1

$ 47.4

Expendable restricted for:

Scholarships and fellowships

0.1

0.2

0.2

Capital improvements

2.9

1.7

2.3

Unrestricted (deficit)

(22.2)

Total net position

Total liabilities, deferred inflows, and net position

26

29.3

$ 97.6

(25.6) (26.2) 26.3

$ 85.6

23.7

$ 83.9

Kellogg Community College's 2016-17 Annual Report  

Kellogg Community College's 2016-17 Annual Report.

Kellogg Community College's 2016-17 Annual Report  

Kellogg Community College's 2016-17 Annual Report.

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