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Montanapbs a Public Television Entity Operated by the Montana University System

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Montanapbs a Public Television Entity Operated by the Montana University System MontanaPBS A Public Television Entity Operated By The Montana University System Financial Statements and Supplementary Information Years Ended June 30, 2019 and 2018 0217$1$3%6 $38%/,&7(/(&20081,&$7,216(17,7< 23(5$7('%<7+(0217$1$81,9(56,7<6<67(0 0DQDJHPHQW¶V'LVFXVVLRQDQG$QDO\VLV -XQHDQG ͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺ ,1752'8&7,21 7KH PDQDJHPHQW¶V GLVFXVVLRQ DQG DQDO\VLV 0' $ LQWURGXFHV WKH EDVLF ILQDQFLDO VWDWHPHQWV DQG SURYLGHVDQRYHUYLHZRI0RQWDQD3%6¶V UHIHUUHGWRDOVRDVWKH³6WDWLRQ¶V´ ILQDQFLDOSRVLWLRQDQGDFWLYLWLHV IRUWKHILVFDO\HDUVHQGHG-XQHDQG7KLVRYHUYLHZLVUHTXLUHGE\*RYHUQPHQWDO$FFRXQWLQJ 6WDQGDUGV%RDUG *$6% 6WDWHPHQW1RBasic Financial Statements–and Management’s Discussion and Analysis–for Public Colleges and UniversitiesDVDPHQGHGE\*$6%6WDWHPHQWV1RDQG %HFDXVHWKHVWDWLRQVDUHFRPSRQHQWXQLWVRIWKH0RQWDQD8QLYHUVLW\6\VWHP D6WDWHDJHQF\ WKH\DUH 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