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... UNAUDITED LAMAR INSTITUTE OF TECHNOLOGY (789) NOTES TO FINANCIAL STATEMENTS The Texas Motor... is omitted because Lamar Institute of Technology is reported in a consolidated format with Texas State... University System which is reported as a component of the State of Texas. Management Discussion and Analysis... as it relates to Texas State University System can be found in the State of Texas basic financial statements.... NOTE 19: The Financial Reporting Entity The Lamar Institute of Technology Foundation is a nonprofit