By JIM BUTLER

LSU at Alexandria, growing hand over fist, had an operating deficit in the fiscal year ending last June 30, but non-operating revenue put the school in the black.

According to its audit report issued this month, the university had campus revenues of $27.1 million.

Tuition and fees, according to the audit, actually totaled $27.3 million but scholarships’ values lowered that to $21.9 million. Auxiliary enterprises contributed $4.2 million.

On the operating expenses side of the ledger, instruction costs were $16.3 million of $43.6 million total expenses.

Non-operating revenues ($7.3 million state appropriation, $10.3 million federal grants and programs and gifts of $969,000) turned the $16.4 million operating deficit into an overall $2.3 million plus for the year.

That and capital improvements and gifts and grants created a change of $4.1 million in net position.