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…and parking lot repairs account for the increased cost.
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Depreciation expense increased from $8.52 million in FY 2006 to $9.44 million in FY 2007. This increase of
$921 thousand is a direct result in capitalization of $25.5 million in new depreciable assets.
Total expenditures by program, including operating and non‐operating, are displayed below:
…
https://www.wichita.edu/_archive/services/controller/Accounting/_documents/afr_07.pdf