Finance 2004-05

Institution: UNIVERSITY OF WISCONSIN COLLEGES (240055)	User ID: 55C0011
Finance - Public institutions
Reporting Standard   Please indicate which reporting standards are used to prepare your financial statements:            GASB (Governmental Accounting Standard Board), using standards of GASB 34 & 35      FASB (Financial Accounting Standard Board)   Please consult your business officer for the correct response before saving this screen. Your response to this question will determine the forms you will receive for reporting finance data.

Institution: UNIVERSITY OF WISCONSIN COLLEGES (240055)	User ID: 55C0011
Finance - Public institutions
General Information Finance - Public Institutions   To the extent possible, the finance data requested in this report should be provided from your institution's audited General Purpose Financial Statement (GPFS). Please refer to the instructions specific to each page of the survey for detailed instruction and references.   1. Fiscal Year calendar   This report covers financial activities for the 12-month fiscal year: (The fiscal year reported should be the most recent fiscal year ending before October 1, 2004.)   Beginning: month/year (MMYYYY)   Month:  7   Year:  2003   And ending: month/year (MMYYYY)   Month:  6   Year:  2004   2. Audit Opinion   Did your institution receive an unqualified opinion on its General Purpose Statement from your auditor for the fiscal year noted above? (If your institution is audited only in combination with another entity, answer this question based on the audit of that entity.)          Yes   No   Don't know                   3. GASB Statement No. 34 offers three alternative reporting models for special-purpose governments like colleges and universities. Which model is used by your institution ?           Business Type Activities      Governmental Activities      Governmental Activities with Business-Type Activities   4. Does this institution or any of its foundations or other affiliated organizations own endowment assets ?          Yes - (report endowment assets)                      No   5.Component Units   Each discretely presented component unit should be reported in the same manner and amounts as included on the face of the institution’s GPFS. There should be one Finance Survey component unit form (Part F or G) completed for each column on the face of the GPFS other than the institution itself, whether that column represents a single component unit or a combination of component units.         0   Number of component unit columns on GPFS using FASB standards     0   Number of component unit columns on GPFS using GASB standards   System or Governing Board (please see instructions about reporting System data)   Please select the applicable option below:         This Finance Survey form is for an institution that is NOT part of a system         This Finance Survey form is for an institution that is part of a system      Name of the system is:  UNIVERSITY OF WISCONSIN SYSTEM         This Finance Survey form is for a system (or governing board) office   Caveats:

Institution: UNIVERSITY OF WISCONSIN COLLEGES (240055)	User ID: 55C0011
Part A - Statement of Net Assets
Fiscal Year 2004      Report in whole dollars only      Line no.      Current year amount   Prior year amount      Current Assets          01   Total Current Assets  10,752,784  12,228,077         Noncurrent Assets          02   Capital assets - depreciable (gross)  34,182,848  33,119,329   03   Accumulated depreciation (enter as a positive amount)  4,286,585  4,335,274   04   Other noncurrent assets (CV) CV=[A05-(A02-A03)]  2,443,829  2,314,895   05   Total noncurrent assets  32,340,092  31,098,950      06   Total assets (CV) CV=(A01+A05)  43,092,876  43,327,027         Current Liabilities          07   Long-term debt, current portion  229,824  73,586   08   Other current liabilities (CV) CV=(A09-A07)  5,317,779  4,785,468   09   Total current liabilities  5,547,603  4,859,054         Noncurrent Liabilities          10   Long-term debt  1,478,124  809,320   11   Other noncurrent liabilities (CV) CV=(A12-A10)  498,085  476,562   12   Total noncurrent liabilities  1,976,209  1,285,882      13   Total liabilities (CV) CV=(A09+A12)  7,523,812  6,144,936         Net Assets          14   Invested in capital assets, net of related debt  28,188,315  27,901,149   15   Restricted-expendable  3,403,760  3,466,279   16   Restricted-nonexpendable  219,428  196,130   17   Unrestricted (CV) CV=[A18-(A14+A15+A16)]  3,757,561  5,618,533   18   Total Net assets (CV) CV=(A06-A13)  35,569,064  37,182,091         CV= Calculated Value      CAVEATS

Institution: UNIVERSITY OF WISCONSIN COLLEGES (240055)	User ID: 55C0011
Part A - Plant, Property, and Equipment
Fiscal Year 2004      Report in whole dollars only                  Line No.   Description   Beginning balance   Additions   Retirements (CV)   Ending balance      Plant,Property, and Equipment                  21   Land & land improvements  145,352  0  0  145,352   22   Infrastructure  34,672  0  0  34,672   23   Buildings  1,020,934  791,855  0  1,812,789   24   Equipment  6,165,270  461,055  383,749  6,242,576   25   Art and library collections  25,773,035  431,573  257,150  25,947,458   26   Property obtained under capital leases (if not included in equipment)      0     27   Construction in progress      0     28   Accumulated depreciation  4,268,511  376,685  358,611  4,286,585         CV = (Beginning Balance + Additions - Ending Balance)            CAVEATS

Institution: UNIVERSITY OF WISCONSIN COLLEGES (240055)	User ID: 55C0011
Part B - Revenues and Other Additions
Fiscal Year 2004      Report in whole dollars only            Line No.   Source of Funds   Current year amount   Prior year amount      Operating Revenues         01   Tuition & fees, after deducting discounts & allowances  25,780,623  17,470,163      Grants and contracts - operating         02   Federal operating grants and contracts  1,935,810  1,812,972   03   State operating grants and contracts  10,799  17,221   04   Local/private operating grants and contracts  488,426  59,045   05   Sales & services of auxiliary enterprises, after deducting discounts & allowances  2,642,795  4,985,401   06   Sales & services of hospitals, after deducting patient contractual allowances  0  0   07   Independent operations  0  0   08   Other sources - operating (CV) CV=[B09-(B01+ ....+B07)]  10,314,708  6,670,758   09   Total operating revenues  41,173,161  31,015,560

Institution: UNIVERSITY OF WISCONSIN COLLEGES (240055)	User ID: 55C0011
Part B - Revenues and Other Additions
Fiscal Year 2004      Report in whole dollars only             Line No.   Source of funds   Current year amount   Prior year amount      Nonoperating Revenues         10   Federal appropriations  0  0   11   State appropriations  35,211,804  33,359,427   12   Local appropriations, education district taxes, & similar support  0  0      Grants-nonoperating         13   Federal nonoperating grants  6,551,134  6,056,246   14   State nonoperating grants  0  0   15   Local nonoperating grants  0  0   16   Gifts, including contributions from affiliated organizations  676,230  389,291   17   Investment income  206,189  73,555   18   Other nonoperating revenues (CV) CV=[B19-(B10+...+B17)]  0  0   19   Total nonoperating revenues  42,645,357  39,878,519

Institution: UNIVERSITY OF WISCONSIN COLLEGES (240055)	User ID: 55C0011
Part B - Revenues and Other Additions
Fiscal Year 2004      Report in whole dollars only            Line No.   Resource of funds   Current year amount   Prior year amount      Other Revenues and Additions           20   Capital appropriations  1,311,771  2,269,718   21   Capital grants & gifts  0  0   22   Additions to permanent endowments  0  0   23   Other revenues & additions (CV) CV=[B24-(B20+...+B22)]  489,244  4,060,072   24   Total other revenues and additions  1,801,015  6,329,790      25   Total all revenues and other additions (CV) CV=(B09+B19+B24)  85,619,533  77,223,869      CV = Calculated Value      CAVEATS

Institution: UNIVERSITY OF WISCONSIN COLLEGES (240055)	User ID: 55C0011
Part C - Expenses and Other Deductions
Fiscal Year 2004      Report in whole dollars only                                                       1   2   3   4   5   Line No.   Description   Current year total   Salaries & wages   Employee fringe benefits   Depreciation   All other                           Operating Expenses      01   Instruction  33,127,161  21,842,662  8,508,931  0  2,775,568   02   Research  31,518  9,297  293  0  21,928   03   Public service  2,168,660  1,072,570  321,398  0  774,692   05   Academic support  9,228,365  5,429,862  1,947,837  0  1,850,666   06   Student services  11,103,260  6,277,718  2,447,501  0  2,378,041   07   Institutional support  7,758,980  5,042,583  1,909,928  0  806,469   08   Operation & maintenance of plant  9,214,259  2,888,081  1,569,792  0  4,756,386   09   Depreciation  376,685        376,685     10   Scholarships and fellowships expenses, excluding discounts & allowances  5,033,477     5,033,477   11   Auxiliary enterprises  2,881,018  359,245  154,255  0  2,367,518   12   Hospital services  0  0  0  0  0   13   Independent operations  0  0  0  0  0   14   Other expenses & deductions (CV) CV=[C15-(C01+...+C13)]  31,703  31,695  5  0  3   15   Total operating expenses  80,955,086  42,953,713  16,859,940  376,685  20,764,748       Prior year amount  74,391,765  42,151,722  15,721,216  712,397  15,806,430

Institution: UNIVERSITY OF WISCONSIN COLLEGES (240055)	User ID: 55C0011
Part C - Expenses and Other Deductions
Fiscal Year 2004      Report in whole dollars only                                                       1   2   3   4   5   Line No.   Description   Current year total   Salaries & wages   Employee fringe benefits   Depreciation   All other                           Nonoperating Expenses and Deductions                  16   Interest  23,301           23,301   17   Other nonoperating expenses & deductions (CV) CV=(C18-C16)  6,162,467  0  0  0  6,162,467   18   Total nonoperating expenses & deductions (CV) CV=(C19-C15)  6,185,768  0  0  0  6,185,768      19   Total expenses & deductions  87,140,854  42,953,713  16,859,940  376,685  26,950,516       Prior year amount  74,763,209  42,151,722  15,721,216  712,397  16,177,874      CV = Calculated Value      CAVEATS

Institution: UNIVERSITY OF WISCONSIN COLLEGES (240055)	User ID: 55C0011
Part D - Summary of Changes In Net Assets
Fiscal Year 2004      Line No.   Description   Current year amount   Prior year amount   01   Total revenues & other additions (from B25)  85,619,533  77,223,869      02   Total expenses & deductions (from C19)  87,140,854  74,763,209      03   Increase in net assets during year (CV) CV=(D01-D02)  -1,521,321  2,460,660   04   Net assets beginning of year  37,182,091  34,452,469   05   Adjustments to beginning net assets (CV) CV=[D06-(D03+D04)]  -91,706  268,962   06   Net assets end of year (from A18)  35,569,064  37,182,091      CV = Calculated Value      CAVEATS

Institution: UNIVERSITY OF WISCONSIN COLLEGES (240055)	User ID: 55C0011
Part E - Scholarships and Fellowships
Part E - Scholarships and Fellowships Fiscal Year 2004      Report in whole dollars only            Line No.   Source   Current year amount   Prior year amount      Institutional Expenses and Discounts & Allowances            Gross Scholarships and Fellowships (no loans included)         01   Pell grants (federal)  6,487,645  6,140,212   02   Other federal grants  722,072  745,485   03   Grants by state government  87,518  2,710,284   04   Grants by local government  0  0   05   Institutional grants from restricted resources  448,148  22,153   06   Institutional grants from unrestricted resources (CV) CV=[E07-(E01+...+E05)]  3,198,308  15,039   07   Total gross scholarships and fellowships  10,943,691  9,633,173         Discounts and Allowances         08   Discounts & allowances applied to tuition & fees  5,858,071  9,326,475   09   Discounts & allowances applied to sales & services of auxiliary enterprises (CV) CV= (E10-E08)  52,143  166,161   10   Total Discounts & Allowances (CV) CV=(E07-E11)  5,910,214  9,492,636      11   Net scholarships and fellowships expenses after deducting discount & allowances (from C10)  5,033,477  140,537      CV = Calculated Value      CAVEATS

Institution: UNIVERSITY OF WISCONSIN COLLEGES (240055)	User ID: 55C0011
Part H - Details of Endowment Assets
Fiscal Year 2004 Report in whole dollars only   Line No.   Value of Endowment Assets   Market Value   Prior Year Amounts                  01   Value of endowment assets at the beginning of the fiscal year  849,619  893,246   02   Value of endowment assets at the end of the fiscal year  944,703  849,619

Institution: UNIVERSITY OF WISCONSIN COLLEGES (240055)	User ID: 55C0011
Part J - Revenue Data for Bureau of Census
Part J - Revenues (Census Bureau) Fiscal Year 2004    Source and type   Amount   Total for all funds and operations (includes endowment funds, but excludes component units)   Education and general/independent operations   Auxiliary enterprises    Hospitals    Agriculture extension/experiment services      (1)      (2)   (3)   (4)   (5)   01   Tuition and fees  31,638,694  31,638,694            02   Sales and services  9,950,103  7,255,165  2,694,938  0  0   03   Federal grants/contracts (excludes Pell Grants)  1,915,810  1,915,810  0  0  0      Revenue from the state government:   04   State appropriations, current & capital  35,211,804  35,211,804  0  0  0   05   State grants and contracts  10,799  10,799  0  0  0      Revenue from local governments:   06   Local appropriation, current & capital  0  0  0  0  0   07   Local government grants/contracts  97,551  97,551  0  0  0   08   Receipts from property and non-property taxes  0       09   Gifts and private grants, including capital grants  1,067,105       10   Interest earnings  49,286       11   Dividend earnings  7,581       12   Realized capital gains  77,240          CAVEATS

Institution: UNIVERSITY OF WISCONSIN COLLEGES (240055)	User ID: 55C0011
Part K - Expenditure Data for Bureau of Census
Part K - Expenditures Fiscal Year 2004   Category   Amount   Total for all funds and operations (includes endowment funds, but excludes component units)   Education and general/ independent operations   Auxiliary enterprises   Hospitals    Agriculture extension/ experiment services      (1)   (2)   (3)   (4)   (5)   01   Salaries and wages  42,953,713  42,594,468  359,245  0  0   02   Employee benefits, total  16,859,941  16,705,686  154,255  0  0   03   Payment to state retirement funds (maybe included in line 02 above)  5,044,978  5,017,405  27,573  0  0   04   Current expenditures other than salaries  15,538,904  13,176,376  2,362,528  0  0      Capital outlay:      05   Construction  791,855  791,855  0  0  0   06   Equipment purchases  481,748  481,205  543  0  0   07   Land purchases  0  0  0  0  0   08   Interest on debt outstanding, all funds & activities  23,301       09   Scholarships/fellowships  10,943,691  10,943,691          CAVEATS

Institution: UNIVERSITY OF WISCONSIN COLLEGES (240055)	User ID: 55C0011
Part L - Debt and Assets, page 1
Part L - Debt and Assets Fiscal Year 2004    Debt   Category   Amount   01   Long-term debt outstanding at beginning of fiscal year  0   02   Long-term debt issued during fiscal year  0   03   Long-term debt retired during fiscal year  0   04   Long-term debt outstanding at end of fiscal year  0   05   Short-term debt outstanding at beginning of fiscal year  0   06   Short-term debt outstanding at end of fiscal year  0      CAVEATS

Institution: UNIVERSITY OF WISCONSIN COLLEGES (240055)	User ID: 55C0011
Part L - Debt and Assets, page 2
Part L - Debt and Assets   Assets   Category   Amount   07   Total cash and security assets held at end of fiscal year in sinking or debt service funds  0   08   Total cash and security assets held at end of fiscal year in bond funds  0   09   Total cash and security assets held at end of fiscal year in all other funds  7,984,645      CAVEATS