on bank loans , the introduction of our community dining program , and higher staff salaries and benefits . The school continues to rely on donations to improve our campus and to pay down the loans associated with our campus construction . The school has received a clean audit opinion from KPMG .
What we own – $ 79.2 m
Capital Assets $ 70.4 m ( 88.9 %)
Cash $ 7.5 m ( 9.4 %)
Prepaid Expenses $ 0.4 m ( 0.5 %)
Accounts Receivable $ 0.3 m ( 0.4 %)
Restricted Cash $ 0.3 m ( 0.4 %)
Inventory $ 0.3 m ( 0.4 %)
How we paid for it – $ 79.2 m
General Unrestricted Fund $ 46.2 m ( 58.3 %)
Bank Loans $ 17.5 m ( 22.1 %)
Fees Received in Advance $ 12.1 m ( 15.3 %)
Accounts Payable & Accrued Liabilities $ 2.7 m ( 3.4 %)
Internally Restricted Fund $ 0.5 m ( 0.6 %)
Deferred Contributions $ 0.2 m ( 0.3 %)