Finance 2006-07
Institution: University of Wisconsin-Madison (240444) 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-Madison (240444) 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, 2006.)
Beginning: month/year (MMYYYY)Month:Year:
And ending: month/year (MMYYYY)Month:Year:
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.)
    UnqualifiedQualifiedDon'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.
    Number of component unit columns on GPFS using FASB standards
 Number of component unit columns on GPFS using GASB standards
Caveats:
 
Institution: University of Wisconsin-Madison (240444) User ID: 55A0011
Part A - Statement of Net Assets
Fiscal Year 2006
 Report in whole dollars only
 
Line no. Current year amountPrior year amount
 Current Assets  
01Total Current Assets511,669,123
 
 Noncurrent Assets  
02Capital assets - depreciable (gross)2,799,757,494
03Accumulated depreciation (enter as a positive amount)1,033,707,541
04Other noncurrent assets (CV)
CV=[A05-(A02-A03)]		360,284,244388,647,815
05Total noncurrent assets2,154,697,768
 
06Total assets (CV)
CV=(A01+A05)		2,777,729,0332,666,366,891
 
 Current Liabilities  
07Long-term debt, current portion17,910,064
08Other current liabilities (CV)
CV=(A09-A07)		272,513,316292,711,316
09Total current liabilities310,621,380
 
 Noncurrent Liabilities  
10Long-term debt328,869,132
11Other noncurrent liabilities (CV)
CV=(A12-A10)		30,040,98626,503,811
12Total noncurrent liabilities355,372,943
 
13Total liabilities (CV)
CV=(A09+A12)		645,872,314665,994,323
 
 Net Assets  
14Invested in capital assets, net of related debt1,468,708,049
15Restricted-expendable353,207,160
16Restricted-nonexpendable119,649,995
17Unrestricted (CV)
CV=[A18-(A14+A15+A16)]		7,986,20158,807,364
18Total Net assets (CV)
CV=(A06-A13)		2,131,856,7192,000,372,568
 
 
CV= Calculated Value
 
CAVEATS
 
Institution: University of Wisconsin-Madison (240444) User ID: 55A0011
Part A - Plant, Property, and Equipment
Fiscal Year 2006
 Report in whole dollars only    
 
Line No.DescriptionBeginning
balance		AdditionsRetirements
(CV)		Ending balance
 Plant,Property, and Equipment    
 
21Land & land improvements0
22Infrastructure0
23Buildings994,424
24Equipment11,909,899
25Art and library collections756,419
26Property obtained under capital leases
(if not included in equipment)		0
27Construction in progress0
28Accumulated depreciation9,177,321
 
 CV = (Beginning Balance + Additions - Ending Balance)  
 
CAVEATS
 
Institution: University of Wisconsin-Madison (240444) User ID: 55A0011
Part B - Revenues and Other Additions
Fiscal Year 2006
 Report in whole dollars only  
 
Line No.Source of FundsCurrent year amountPrior year amount
 Operating Revenues  
01Tuition & fees, after deducting discounts & allowances261,429,818
 Grants and contracts - operating  
02Federal operating grants and contracts485,125,658
03State operating grants and contracts25,457,942
04Local/private operating grants and contracts165,690,456
05Sales & services of auxiliary enterprises,
after deducting discounts & allowances		149,843,270
06Sales & services of hospitals,
after deducting patient contractual allowances		0
07Independent operations0
08Other sources - operating (CV)
CV=[B09-(B01+ ....+B07)]		210,923,540200,861,544
09Total operating revenues1,288,408,688
 
 
 
Institution: University of Wisconsin-Madison (240444) User ID: 55A0011
Part B - Revenues and Other Additions
Fiscal Year 2006
 Report in whole dollars only   
 
Line No.Source of fundsCurrent year amountPrior year amount
 Nonoperating Revenues  
10Federal appropriations6,998,804
11State appropriations382,775,096
12Local appropriations, education district taxes, & similar support0
 Grants-nonoperating  
13Federal nonoperating grants9,179,253
14State nonoperating grants0
15Local nonoperating grants0
16Gifts, including contributions from affiliated organizations189,579,639
17Investment income31,571,118
18Other nonoperating revenues (CV)
CV=[B19-(B10+...+B17)]		00
19Total nonoperating revenues620,103,910
 
 
 
Institution: University of Wisconsin-Madison (240444) User ID: 55A0011
Part B - Revenues and Other Additions
Fiscal Year 2006
 Report in whole dollars only  
 
Line No.Resource of fundsCurrent year amountPrior year amount
 Other Revenues and Additions  
20Capital appropriations37,142,896
21Capital grants & gifts27,701,936
22Additions to permanent endowments611,209
23Other revenues & additions (CV)
CV=[B24-(B20+...+B22)]		12,579,353637,207
24Total other revenues and additions66,093,248
 
25Total all revenues and other additions (CV)
CV=(B09+B19+B24)		2,025,697,9541,974,605,846
 
CV = Calculated Value
 
CAVEATS
 
Institution: University of Wisconsin-Madison (240444) User ID: 55A0011
Part C - Expenses and Other Deductions
Fiscal Year 2006
 Report in whole
dollars only                              		     
  12345
Line No.DescriptionCurrent year totalSalaries & wagesEmployee fringe benefitsDepreciationAll other                    
 Operating Expenses 
01Instruction37,524,574
02Research189,075,556
03Public service43,726,216
05Academic support33,621,644
06Student services18,708,951
07Institutional support26,235,186
08Operation & maintenance
of plant		60,624,514
09Depreciation  100,495,554
10Scholarships and fellowships
expenses, excluding discounts & allowances (do not include work study here)		 40,415,866
11Auxiliary enterprises79,211,473
12Hospital services0
13Independent operations0
14Other expenses
& deductions (CV)
CV=[C15-(C01+...+C13)]		52,510,30724,373,97711,934,297016,202,033
15Total operating expenses545,346,013
 Prior year amount1,823,396,605926,480,209292,535,79092,635,444511,745,162
 
 
 
Institution: University of Wisconsin-Madison (240444) User ID: 55A0011
Part C - Expenses and Other Deductions
Fiscal Year 2006
 Report in whole dollars only                                   
  12345
Line No.DescriptionCurrent year totalSalaries & wagesEmployee fringe benefitsDepreciationAll other                    
 Nonoperating Expenses and
Deductions		     
16Interest   14,011,932
17Other nonoperating
expenses & deductions (CV)
CV=(C18-C16)		21,092,28500021,092,285
18Total nonoperating
expenses & deductions (CV)
CV=(C19-C15)		35,104,21700035,104,217
 
19Total expenses & deductions580,450,230
 Prior year amount1,878,040,572926,480,209292,535,79092,635,444566,389,129
 
CV = Calculated Value
 
CAVEATS
 
Institution: University of Wisconsin-Madison (240444) User ID: 55A0011
Part D - Summary of Changes In Net Assets
Fiscal Year 2006
 
Line No.DescriptionCurrent year amountPrior year amount
01Total revenues & other additions (from B25)2,025,697,9541,974,605,846
 
02Total expenses & deductions (from C19)1,931,143,2531,878,040,572
 
03Increase in net assets during year (CV)
CV=(D01-D02)		94,554,70196,565,274
04Net assets beginning of year1,910,902,116
05Adjustments to beginning net assets (CV)
CV=[D06-(D03+D04)]		36,929,450-7,094,822
06Net assets end of year (from A18)2,131,856,7192,000,372,568
 
CV = Calculated Value
 
CAVEATS
 
Institution: University of Wisconsin-Madison (240444) User ID: 55A0011
Part E - Scholarships and Fellowships
Part E - Scholarships and Fellowships
Fiscal Year 2006
 Report in whole dollars only  
 
Line No.SourceCurrent year amountPrior year amount
 Institutional Expenses and Discounts & Allowances  
 Gross Scholarships and Fellowships (no loans included)  
01Pell grants (federal)9,179,253
02Other federal grants21,383,756
03Grants by state government5,604,333
04Grants by local government0
05Institutional grants from restricted resources32,085,494
06Institutional grants from unrestricted resources (CV)
CV=[E07-(E01+...+E05)]		4,179,2684,438,571
07Total gross scholarships and fellowships72,691,407
 
 Discounts and Allowances  
08Discounts & allowances applied to tuition & fees25,928,174
09Discounts & allowances applied to sales & services of
auxiliary enterprises (CV)
CV= (E10-E08)		4,078,1993,681,556
10Total Discounts & Allowances (CV)
CV=(E07-E11)		31,059,25229,609,730
 
11Net scholarships and fellowships expenses after deducting
discount & allowances (from C10)		40,415,86643,081,677
 
CV = Calculated Value
 
CAVEATS
 
Institution: University of Wisconsin-Madison (240444) User ID: 55A0011
Part H - Details of Endowment Assets
Fiscal Year 2006
Report in whole dollars only
Line No.Value of Endowment AssetsMarket ValuePrior Year Amounts
   
01Value of endowment assets at the beginning of the fiscal year320,562,469
02Value of endowment assets at the end of the fiscal year325,259,290
 
Institution: University of Wisconsin-Madison (240444) User ID: 55A0011
Part J - Revenue Data for Bureau of Census
Part J - Revenues (Census Bureau)
Fiscal Year 2006
Source and typeAmount
Total for all funds
and operations
(includes
endowment funds,
but excludes component units)		Education and general/independent operationsAuxiliary enterprises Hospitals Agriculture extension/experiment services
 (1)  (2)(3)(4)(5)
01Tuition and fees300,050,179300,050,179   
02Sales and services277,382,837154,899,5250
03Federal grants/contracts (excludes Pell Grants)504,301,306
 Revenue from the state government:
04State appropriations, current & capital359,015,771
05State grants and contracts23,362,762
 Revenue from local governments:
06Local appropriation, current & capital0
07Local government grants/contracts1,502,163
08Receipts from property and non-property taxes 
09Gifts and private grants, including capital grants 
10Interest earnings 
11Dividend earnings 
12Realized capital gains 
 
CAVEATS
 
Institution: University of Wisconsin-Madison (240444) User ID: 55A0011
Part K - Expenditure Data for Bureau of Census
Part K - Expenditures
Fiscal Year 2006
CategoryAmount
Total for all funds and operations (includes endowment funds, but excludes component units)Education and general/
independent operations		Auxiliary enterprisesHospitals Agriculture extension/
experiment services
 (1)(2)(3)(4)(5)
01Salaries and wages949,035,02646,047,4250
02Employee benefits, total301,162,44212,275,6560
03Payment to state retirement funds (maybe included in line 02 above)87,402,326
04Current expenditures other than salaries504,852,712
 Capital outlay: 
05Construction175,661,709
06Equipment purchases56,456,827
07Land purchases5,577,301
08Interest on debt outstanding, all funds & activities 
09Scholarships/fellowships71,475,11871,475,118 
 
CAVEATS
 
Institution: University of Wisconsin-Madison (240444) User ID: 55A0011
Part L - Debt and Assets, page 1
Part L - Debt and Assets
Fiscal Year 2006
Debt
CategoryAmount
01Long-term debt outstanding at beginning of fiscal year
02Long-term debt issued during fiscal year
03Long-term debt retired during fiscal year
04Long-term debt outstanding at end of fiscal year
05Short-term debt outstanding at beginning of fiscal year
06Short-term debt outstanding at end of fiscal year
 
CAVEATS
 
Institution: University of Wisconsin-Madison (240444) User ID: 55A0011
Part L - Debt and Assets, page 2
Part L - Debt and Assets (page 2)
Fiscal Year 2006
Assets
CategoryAmount
07Total cash and security assets held at end of fiscal year in sinking or debt service funds
08Total cash and security assets held at end of fiscal year in bond funds
09Total cash and security assets held at end of fiscal year in all other funds
 
CAVEATS
 
Institution:  University of Wisconsin-Madison (240444) User ID:  55A0011
Explanation Report
There are no explanations for selected survey and institution