Finance 2005-06

Institution: University of Wisconsin-System Administration (240435)	User ID: 55A0011
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-System Administration (240435)	User ID: 55A0011
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, 2005.)   Beginning: month/year (MMYYYY)   Month:  7   Year:  2004   And ending: month/year (MMYYYY)   Month:  6   Year:  2005   2. Audit Opinion   Did your institution receive an unqualified opinion on its General Purpose Financial Statements 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. If your institution participates in intercollegiate athletics, are the expenses accounted for as auxiliary enterprises or treated as student services?             Auxiliary enterprises                          Student services                          Does not participate in intercollegiate athletics                          Other (specify in caveats box below)                   5. Does this institution or any of its foundations or other affiliated organizations own endowment assets ?          Yes - (report endowment assets)                      No   6.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-System Administration (240435)	User ID: 55A0011
Part A - Statement of Net Assets
Fiscal Year 2005      Report in whole dollars only      Line no.      Current year amount   Prior year amount      Current Assets          01   Total Current Assets  22,996,319  42,214,523         Noncurrent Assets          02   Capital assets - depreciable (gross)  694,910  2,220,286   03   Accumulated depreciation (enter as a positive amount)  455,004  1,742,090   04   Other noncurrent assets (CV) CV=[A05-(A02-A03)]  4,602,325  4,482,720   05   Total noncurrent assets  4,842,231  4,960,916      06   Total assets (CV) CV=(A01+A05)  27,838,550  47,175,439         Current Liabilities          07   Long-term debt, current portion  0  0   08   Other current liabilities (CV) CV=(A09-A07)  4,038,159  7,707,544   09   Total current liabilities  4,038,159  7,707,544         Noncurrent Liabilities          10   Long-term debt  0  0   11   Other noncurrent liabilities (CV) CV=(A12-A10)  774,682  671,478   12   Total noncurrent liabilities  774,682  671,478      13   Total liabilities (CV) CV=(A09+A12)  4,812,841  8,379,022         Net Assets          14   Invested in capital assets, net of related debt  239,906  478,196   15   Restricted-expendable  6,087,349  0   16   Restricted-nonexpendable  536,764  489,343   17   Unrestricted (CV) CV=[A18-(A14+A15+A16)]  16,161,690  37,828,878   18   Total Net assets (CV) CV=(A06-A13)  23,025,709  38,796,417         CV= Calculated Value      CAVEATS

Institution: University of Wisconsin-System Administration (240435)	User ID: 55A0011
Part A - Plant, Property, and Equipment
Fiscal Year 2005      Report in whole dollars only                  Line No.   Description   Beginning balance   Additions   Retirements (CV)   Ending balance      Plant,Property, and Equipment                  21   Land & land improvements  0  0  0  0   22   Infrastructure  99,598  36,089  0  135,687   23   Buildings  0  0  0  0   24   Equipment  2,132,822  31,801  1,605,400  559,223   25   Art and library collections  0  0  0  0   26   Property obtained under capital leases (if not included in equipment)      0     27   Construction in progress      0     28   Accumulated depreciation  1,749,372  311,032  1,605,400  455,004         CV = (Beginning Balance + Additions - Ending Balance)            CAVEATS

Institution: University of Wisconsin-System Administration (240435)	User ID: 55A0011
Part B - Revenues and Other Additions
Fiscal Year 2005      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  0  26,392      Grants and contracts - operating         02   Federal operating grants and contracts  3,235,940  5,063,563   03   State operating grants and contracts  1,299,109  801,735   04   Local/private operating grants and contracts  670,960  857,969   05   Sales & services of auxiliary enterprises, after deducting discounts & allowances  0  0   08   Other sources - operating (CV) CV=[B09-(B01+ ....+B07)]  0  24,422,737   09   Total operating revenues  5,206,009  31,172,396

Institution: University of Wisconsin-System Administration (240435)	User ID: 55A0011
Part B - Revenues and Other Additions
Fiscal Year 2005      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  12,492,539  20,521,957   12   Local appropriations, education district taxes, & similar support  0  0      Grants-nonoperating         13   Federal nonoperating grants  0  0   14   State nonoperating grants  0  0   15   Local nonoperating grants  0  0   16   Gifts, including contributions from affiliated organizations  153,107  285,497   17   Investment income  1,827,355  676,983   18   Other nonoperating revenues (CV) CV=[B19-(B10+...+B17)]  0  0   19   Total nonoperating revenues  14,473,001  21,484,437

Institution: University of Wisconsin-System Administration (240435)	User ID: 55A0011
Part B - Revenues and Other Additions
Fiscal Year 2005      Report in whole dollars only            Line No.   Resource of funds   Current year amount   Prior year amount      Other Revenues and Additions           20   Capital appropriations  639,903  475,813   21   Capital grants & gifts  0  0   22   Additions to permanent endowments  0  0   23   Other revenues & additions (CV) CV=[B24-(B20+...+B22)]  34,097,756  5,454,239   24   Total other revenues and additions  34,737,659  5,930,052      25   Total all revenues and other additions (CV) CV=(B09+B19+B24)  54,416,669  58,586,885      CV = Calculated Value      CAVEATS

Institution: University of Wisconsin-System Administration (240435)	User ID: 55A0011
Part C - Expenses and Other Deductions
Fiscal Year 2005      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  6,325,971  73,084  5,825,760  0  427,127   02   Research  2,931,971  200,130  2,712,177  0  19,664   03   Public service  0  0  0  0  0   05   Academic support  8,251,339  778,763  216,134  0  7,256,442   06   Student services  2,485,011  650,957  235,994  0  1,598,060   07   Institutional support  27,965,300  13,073,486  5,248,105  0  9,643,709   08   Operation & maintenance of plant  2,325,545  691,200  218,918  0  1,415,427   09   Depreciation  311,032        311,032     10   Scholarships and fellowships expenses, excluding discounts & allowances (do not include work study here)  28,616     28,616   11   Auxiliary enterprises  508,994  0  0  0  508,994   14   Other expenses & deductions (CV) CV=[C15-(C01+...+C13)]  16,014,419  0  0  0  16,014,419   15   Total operating expenses  67,148,198  15,467,620  14,457,088  311,032  36,912,458       Prior year amount  43,411,188  14,389,007  4,734,594  175,432  24,112,155

Institution: University of Wisconsin-System Administration (240435)	User ID: 55A0011
Part C - Expenses and Other Deductions
Fiscal Year 2005      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  0           0   17   Other nonoperating expenses & deductions (CV) CV=(C18-C16)  301,850  0  0  0  301,850   18   Total nonoperating expenses & deductions (CV) CV=(C19-C15)  301,850  0  0  0  301,850      19   Total expenses & deductions  67,450,048  15,467,620  14,457,088  311,032  37,214,308       Prior year amount  43,411,188  14,389,007  4,734,594  175,432  24,112,155      CV = Calculated Value      CAVEATS

Institution: University of Wisconsin-System Administration (240435)	User ID: 55A0011
Part D - Summary of Changes In Net Assets
Fiscal Year 2005      Line No.   Description   Current year amount   Prior year amount   01   Total revenues & other additions (from B25)  54,416,669  58,586,885      02   Total expenses & deductions (from C19)  67,450,048  43,411,188      03   Increase in net assets during year (CV) CV=(D01-D02)  -13,033,379  15,175,697   04   Net assets beginning of year  38,796,417  22,073,937   05   Adjustments to beginning net assets (CV) CV=[D06-(D03+D04)]  -2,737,329  1,546,783   06   Net assets end of year (from A18)  23,025,709  38,796,417      CV = Calculated Value      CAVEATS

Institution: University of Wisconsin-System Administration (240435)	User ID: 55A0011
Part H - Details of Endowment Assets
Fiscal Year 2005 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  4,159,336  3,793,524   02   Value of endowment assets at the end of the fiscal year  4,672,004  3,957,586

Institution: University of Wisconsin-System Administration (240435)	User ID: 55A0011
Part J - Revenue Data for Bureau of Census
Part J - Revenues (Census Bureau) Fiscal Year 2005    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  0  0            02   Sales and services  0  0  0    0   03   Federal grants/contracts (excludes Pell Grants)  4,190,212  4,190,212  0  0  0      Revenue from the state government:   04   State appropriations, current & capital  12,492,539  12,492,539  0  0  0   05   State grants and contracts  1,299,109  1,299,109  0  0  0      Revenue from local governments:   06   Local appropriation, current & capital  0  0  0  0  0   07   Local government grants/contracts  0  0  0  0  0   08   Receipts from property and non-property taxes  0       09   Gifts and private grants, including capital grants  824,066       10   Interest earnings  1,469,276       11   Dividend earnings  30,339       12   Realized capital gains  153,930          CAVEATS

Institution: University of Wisconsin-System Administration (240435)	User ID: 55A0011
Part K - Expenditure Data for Bureau of Census
Part K - Expenditures Fiscal Year 2005   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  15,467,620  15,467,620  0    0   02   Employee benefits, total  14,457,088  14,457,088  0    0   03   Payment to state retirement funds (maybe included in line 02 above)  11,114,742  11,114,742  0  0  0   04   Current expenditures other than salaries  36,883,842  36,374,848  508,994  0  0      Capital outlay:      05   Construction  36,090  36,090  0  0  0   06   Equipment purchases  31,801  31,801  0  0  0   07   Land purchases  0  0  0  0  0   08   Interest on debt outstanding, all funds & activities  0       09   Scholarships/fellowships              CAVEATS

Institution: University of Wisconsin-System Administration (240435)	User ID: 55A0011
Part L - Debt and Assets, page 1
Part L - Debt and Assets Fiscal Year 2005    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-System Administration (240435)	User ID: 55A0011
Part L - Debt and Assets, page 2
Part L - Debt and Assets (page 2) Fiscal Year 2005   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  17,070,479      CAVEATS

Institution: University of Wisconsin-System Administration (240435)	User ID: 55A0011
Explanation Report
Number Source Location Description Severity Accepted Screen: Part 1 1 Screen Entry Row 15 Column 3 The number entered, 5206009, has an expected range of between 15586199 and 46758594 based on last year's amount. Please explain this difference. Explanation Yes Reason: The 5,206,009 revenue amount has been verified. Screen: Part 1 2 Upload File Row 19 Column 3 The number entered, 67148198, has an expected range of between 21705595 and 65116782 based on last year's amount. Please explain this difference. Explanation Yes Reason: The 67,148,198 expenditure amount has been verified. Screen: Part 2 3 Upload File Row 26 Column 3 The number entered, 67450048, has an expected range of between 21705595 and 65116782 based on last year's amount. Please explain this difference. Explanation Yes Reason: The 67,450,048 expenditure amount has been verified.