Finance 2004-05

Institution: UNIVERSITY OF WISCONSIN-MILWAUKEE (240453)	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-MILWAUKEE (240453)	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-MILWAUKEE (240453)	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  63,562,832  62,405,659         Noncurrent Assets          02   Capital assets - depreciable (gross)  572,402,944  551,636,863   03   Accumulated depreciation (enter as a positive amount)  171,847,935  160,537,911   04   Other noncurrent assets (CV) CV=[A05-(A02-A03)]  19,872,460  18,890,055   05   Total noncurrent assets  420,427,469  409,989,007      06   Total assets (CV) CV=(A01+A05)  483,990,301  472,394,666         Current Liabilities          07   Long-term debt, current portion  2,111,299  1,288,034   08   Other current liabilities (CV) CV=(A09-A07)  27,451,091  31,187,760   09   Total current liabilities  29,562,390  32,475,794         Noncurrent Liabilities          10   Long-term debt  39,626,533  29,334,722   11   Other noncurrent liabilities (CV) CV=(A12-A10)  3,212,970  3,064,647   12   Total noncurrent liabilities  42,839,503  32,399,369      13   Total liabilities (CV) CV=(A09+A12)  72,401,893  64,875,163         Net Assets          14   Invested in capital assets, net of related debt  365,930,202  364,571,252   15   Restricted-expendable  41,003,396  32,483,651   16   Restricted-nonexpendable  1,973,341  1,718,405   17   Unrestricted (CV) CV=[A18-(A14+A15+A16)]  2,681,469  8,746,195   18   Total Net assets (CV) CV=(A06-A13)  411,588,408  407,519,503         CV= Calculated Value      CAVEATS

Institution: UNIVERSITY OF WISCONSIN-MILWAUKEE (240453)	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  13,881,399  0  0  13,881,399   22   Infrastructure  19,532,529  861,327  0  20,393,856   23   Buildings  287,129,668  14,807,281  1  301,936,948   24   Equipment  37,100,248  3,773,748  1,831,416  39,042,580   25   Art and library collections  194,137,523  3,224,775  214,138  197,148,160   26   Property obtained under capital leases (if not included in equipment)      0     27   Construction in progress      0     28   Accumulated depreciation  163,167,759  10,504,432  1,824,256  171,847,935         CV = (Beginning Balance + Additions - Ending Balance)            CAVEATS

Institution: UNIVERSITY OF WISCONSIN-MILWAUKEE (240453)	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  109,193,460  90,439,744      Grants and contracts - operating         02   Federal operating grants and contracts  24,902,351  23,774,099   03   State operating grants and contracts  3,561,383  4,412,247   04   Local/private operating grants and contracts  11,430,153  9,553,208   05   Sales & services of auxiliary enterprises, after deducting discounts & allowances  30,444,918  28,308,966   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)]  39,174,934  36,056,456   09   Total operating revenues  218,707,199  192,544,720

Institution: UNIVERSITY OF WISCONSIN-MILWAUKEE (240453)	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  119,996,577  135,035,371   12   Local appropriations, education district taxes, & similar support  0  0      Grants-nonoperating         13   Federal nonoperating grants  12,468,804  10,959,327   14   State nonoperating grants  0  0   15   Local nonoperating grants  0  0   16   Gifts, including contributions from affiliated organizations  3,161,732  3,469,299   17   Investment income  1,432,214  -148,028   18   Other nonoperating revenues (CV) CV=[B19-(B10+...+B17)]  0  0   19   Total nonoperating revenues  137,059,327  149,315,969

Institution: UNIVERSITY OF WISCONSIN-MILWAUKEE (240453)	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  0  7,061,750   21   Capital grants & gifts  0  0   22   Additions to permanent endowments  50,000  319   23   Other revenues & additions (CV) CV=[B24-(B20+...+B22)]  2,417,141  4,323,061   24   Total other revenues and additions  2,467,141  11,385,130      25   Total all revenues and other additions (CV) CV=(B09+B19+B24)  358,233,667  353,245,819      CV = Calculated Value      CAVEATS

Institution: UNIVERSITY OF WISCONSIN-MILWAUKEE (240453)	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  131,122,114  87,140,524  28,990,605  0  14,990,985   02   Research  30,098,100  16,468,494  4,768,579  0  8,861,027   03   Public service  15,353,739  7,087,628  2,310,649  0  5,955,462   05   Academic support  37,096,544  26,494,688  8,862,430  0  1,739,426   06   Student services  39,723,161  20,054,797  6,409,399  0  13,258,965   07   Institutional support  18,880,448  11,129,603  4,141,098  0  3,609,747   08   Operation & maintenance of plant  23,401,020  7,991,853  3,397,552  0  12,011,615   09   Depreciation  10,504,432        10,504,432     10   Scholarships and fellowships expenses, excluding discounts & allowances  15,277,836     15,277,836   11   Auxiliary enterprises  25,881,973  7,536,936  1,716,318  0  16,628,719   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)]  2,087,762  22,439  375,255  0  1,690,068   15   Total operating expenses  349,427,129  183,926,962  60,971,885  10,504,432  94,023,850       Prior year amount  332,216,405  183,989,633  56,508,515  9,787,531  81,930,726

Institution: UNIVERSITY OF WISCONSIN-MILWAUKEE (240453)	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  1,740,406           1,740,406   17   Other nonoperating expenses & deductions (CV) CV=(C18-C16)  221,296  0  0  0  221,296   18   Total nonoperating expenses & deductions (CV) CV=(C19-C15)  1,961,702  0  0  0  1,961,702      19   Total expenses & deductions  351,388,831  183,926,962  60,971,885  10,504,432  95,985,552       Prior year amount  333,801,501  183,989,633  56,508,515  9,787,531  83,515,822      CV = Calculated Value      CAVEATS

Institution: UNIVERSITY OF WISCONSIN-MILWAUKEE (240453)	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)  358,233,667  353,245,819      02   Total expenses & deductions (from C19)  351,388,831  333,801,501      03   Increase in net assets during year (CV) CV=(D01-D02)  6,844,836  19,444,318   04   Net assets beginning of year  407,519,503  405,335,318   05   Adjustments to beginning net assets (CV) CV=[D06-(D03+D04)]  -2,775,931  -17,260,133   06   Net assets end of year (from A18)  411,588,408  407,519,503      CV = Calculated Value      CAVEATS

Institution: UNIVERSITY OF WISCONSIN-MILWAUKEE (240453)	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)  12,468,804  10,959,327   02   Other federal grants  6,016,909  4,787,442   03   Grants by state government  2,550,001  2,681,448   04   Grants by local government  0  0   05   Institutional grants from restricted resources  626,651  634,331   06   Institutional grants from unrestricted resources (CV) CV=[E07-(E01+...+E05)]  1,609,979  403,413   07   Total gross scholarships and fellowships  23,272,344  19,465,961         Discounts and Allowances         08   Discounts & allowances applied to tuition & fees  7,559,382  8,271,452   09   Discounts & allowances applied to sales & services of auxiliary enterprises (CV) CV= (E10-E08)  435,126  498,759   10   Total Discounts & Allowances (CV) CV=(E07-E11)  7,994,508  8,770,211      11   Net scholarships and fellowships expenses after deducting discount & allowances (from C10)  15,277,836  10,695,750      CV = Calculated Value      CAVEATS

Institution: UNIVERSITY OF WISCONSIN-MILWAUKEE (240453)	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  6,341,211  5,698,997   02   Value of endowment assets at the end of the fiscal year  7,460,100  6,341,211

Institution: UNIVERSITY OF WISCONSIN-MILWAUKEE (240453)	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  116,752,842  116,752,842            02   Sales and services  46,685,889  15,805,845  30,880,044  0  0   03   Federal grants/contracts (excludes Pell Grants)  24,519,041  24,519,041  0  0  0      Revenue from the state government:   04   State appropriations, current & capital  119,996,577  119,996,577  0  0  0   05   State grants and contracts  3,561,383  3,561,383  0  0  0      Revenue from local governments:   06   Local appropriation, current & capital  0  0  0  0  0   07   Local government grants/contracts  1,084,072  1,084,072  0  0  0   08   Receipts from property and non-property taxes  0       09   Gifts and private grants, including capital grants  13,507,813       10   Interest earnings  538,982       11   Dividend earnings  44,149       12   Realized capital gains  425,751          CAVEATS

Institution: UNIVERSITY OF WISCONSIN-MILWAUKEE (240453)	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  183,926,962  176,390,026  7,536,936  0  0   02   Employee benefits, total  60,971,886  59,255,568  1,716,318  0  0   03   Payment to state retirement funds (maybe included in line 02 above)  20,340,737  19,846,624  494,113  0  0   04   Current expenditures other than salaries  77,874,466  61,308,400  16,566,066  0  0      Capital outlay:      05   Construction  15,668,607  14,513,900  1,154,707  0  0   06   Equipment purchases  3,997,812  3,879,741  118,071  0  0   07   Land purchases  0  0  0  0  0   08   Interest on debt outstanding, all funds & activities  1,740,406       09   Scholarships/fellowships  23,272,344  23,272,344          CAVEATS

Institution: UNIVERSITY OF WISCONSIN-MILWAUKEE (240453)	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  25,865,192   02   Long-term debt issued during fiscal year  14,848,209   03   Long-term debt retired during fiscal year  4,978,291   04   Long-term debt outstanding at end of fiscal year  35,735,110   05   Short-term debt outstanding at beginning of fiscal year  969,272   06   Short-term debt outstanding at end of fiscal year  1,269,179      CAVEATS

Institution: UNIVERSITY OF WISCONSIN-MILWAUKEE (240453)	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  39,915,724      CAVEATS