Finance 2006-07
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, 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.)
Unqualified
Qualified
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.
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-System Administration (240435)
User ID: 55A0011
Part A - Statement of Net Assets
Fiscal Year 2006
Report in whole dollars only
Line no.
Current year amount
Prior year amount
Current Assets
01
Total
Current Assets
22,996,319
Noncurrent Assets
02
Capital assets
- depreciable (gross)
694,910
03
Accumulated depreciation
(enter as a positive amount)
455,004
04
Other noncurrent assets
(CV)
CV
=[A05-(A02-A03)]
4,304,187
4,602,325
05
Total noncurrent assets
4,842,231
06
Total assets
(CV)
CV
=(A01+A05)
79,490,954
27,838,550
Current
Liabilities
07
Long-term debt, current portion
0
08
Other
current liabilities
(CV)
CV
=(A09-A07)
45,884,546
4,038,159
09
Total current liabilities
4,038,159
Noncurrent Liabilities
10
Long-term debt
0
11
Other noncurrent liabilities
(CV)
CV
=(A12-A10)
752,131
774,682
12
Total noncurrent liabilities
774,682
13
Total liabilities
(CV)
CV
=(A09+A12)
46,636,677
4,812,841
Net Assets
14
Invested in capital assets, net of related debt
239,906
15
Restricted-expendable
6,087,349
16
Restricted-nonexpendable
536,764
17
Unrestricted
(CV)
CV
=[A18-(A14+A15+A16)]
22,734,082
16,161,690
18
Total Net assets
(CV)
CV
=(A06-A13)
32,854,277
23,025,709
CV= Calculated Value
CAVEATS
Institution: University of Wisconsin-System Administration (240435)
User ID: 55A0011
Part A - Plant, Property, and Equipment
Fiscal Year 2006
Report in whole dollars only
Line No.
Description
Beginning
balance
Additions
Retirements
(CV)
Ending balance
Plant,Property, and Equipment
21
Land & land improvements
0
22
Infrastructure
0
23
Buildings
0
24
Equipment
173,084
25
Art and
library collections
0
26
Property obtained under
capital leases
(if not included in equipment)
0
27
Construction in progress
0
28
Accumulated depreciation
170,919
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 2006
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
Grants and contracts
- operating
02
Federal operating grants and contracts
3,235,940
03
State operating grants and contracts
1,299,109
04
Local/private operating grants and contracts
670,960
05
Sales & services of
auxiliary enterprises,
after deducting
discounts & allowances
0
08
Other sources - operating
(CV)
CV
=[B09-(B01+ ....+B07)]
0
0
09
Total operating revenues
5,206,009
Institution: University of Wisconsin-System Administration (240435)
User ID: 55A0011
Part B - Revenues and Other Additions
Fiscal Year 2006
Report in whole dollars only
Line No.
Source of funds
Current year amount
Prior year amount
Nonoperating
Revenues
10
Federal appropriations
0
11
State appropriations
12,492,539
12
Local appropriations, education district taxes, & similar support
0
Grants-nonoperating
13
Federal nonoperating grants
0
14
State nonoperating grants
0
15
Local nonoperating grants
0
16
Gifts
, including
contributions from affiliated organizations
153,107
17
Investment income
1,827,355
18
Other nonoperating revenues
(CV)
CV
=[B19-(B10+...+B17)]
0
0
19
Total nonoperating revenues
14,473,001
Institution: University of Wisconsin-System Administration (240435)
User ID: 55A0011
Part B - Revenues and Other Additions
Fiscal Year 2006
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
21
Capital grants & gifts
0
22
Additions to permanent endowments
0
23
Other revenues & additions
(CV)
CV
=[B24-(B20+...+B22)]
5,417,272
34,097,756
24
Total other revenues and additions
34,737,659
25
Total all revenues and other additions
(CV)
CV
=(B09+B19+B24)
31,897,758
54,416,669
CV = Calculated Value
CAVEATS
Institution: University of Wisconsin-System Administration (240435)
User ID: 55A0011
Part C - Expenses and Other Deductions
Fiscal Year 2006
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
397,929
02
Research
31,645
03
Public service
0
05
Academic support
5,866,803
06
Student services
0
07
Institutional support
0
08
Operation & maintenance
of plant
1,248,864
09
Depreciation
88,163
10
Scholarships and fellowships
expenses
, excluding
discounts & allowances
(do not include work study here)
0
11
Auxiliary enterprises
309,191
14
Other expenses
& deductions
(CV)
CV
=[C15-(C01+...+C13)]
2,501
0
0
0
2,501
15
Total operating expenses
7,856,933
Prior year amount
67,148,198
15,467,620
14,457,088
311,032
36,912,458
Institution: University of Wisconsin-System Administration (240435)
User ID: 55A0011
Part C - Expenses and Other Deductions
Fiscal Year 2006
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
17
Other nonoperating
expenses & deductions
(CV)
CV
=(C18-C16)
0
0
0
0
0
18
Total nonoperating
expenses & deductions
(CV)
CV
=(C19-C15)
0
0
0
0
0
19
Total expenses & deductions
7,856,933
Prior year amount
67,450,048
15,467,620
14,457,088
311,032
37,214,308
CV = Calculated Value
CAVEATS
Institution: University of Wisconsin-System Administration (240435)
User ID: 55A0011
Part D - Summary of Changes In Net Assets
Fiscal Year 2006
Line No.
Description
Current year amount
Prior year amount
01
Total revenues & other additions
(from B25)
31,897,758
54,416,669
02
Total expenses & deductions
(from C19)
26,576,221
67,450,048
03
Increase in net assets during year
(CV)
CV
=(D01-D02)
5,321,537
-13,033,379
04
Net assets
beginning of year
38,796,417
05
Adjustments to beginning net assets
(CV)
CV
=[D06-(D03+D04)]
4,507,031
-2,737,329
06
Net assets end of year
(from A18)
32,854,277
23,025,709
CV = Calculated Value
CAVEATS
Institution: University of Wisconsin-System Administration (240435)
User ID: 55A0011
Part H - Details of Endowment Assets
Fiscal Year 2006
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
02
Value of
endowment assets
at the end of the fiscal year
4,672,004
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 2006
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
03
Federal grants/contracts (excludes Pell Grants)
0
Revenue from the state government:
04
State appropriations, current & capital
20,817,941
05
State grants and contracts
1,061,659
Revenue from local governments:
06
Local appropriation, current & capital
0
07
Local government grants/contracts
0
08
Receipts from property and non-property taxes
09
Gifts and private grants, including capital grants
10
Interest earnings
11
Dividend earnings
12
Realized capital gains
CAVEATS
Institution: University of Wisconsin-System Administration (240435)
User ID: 55A0011
Part K - Expenditure Data for Bureau of Census
Part K - Expenditures
Fiscal Year 2006
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
13,921,765
0
02
Employee benefits, total
4,709,360
0
03
Payment to state retirement funds (maybe included in line 02 above)
2,078,021
04
Current expenditures other than salaries
8,333,809
Capital outlay:
05
Construction
0
06
Equipment purchases
116,388
07
Land purchases
0
08
Interest on debt outstanding, all funds & activities
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 2006
Debt
Category
Amount
01
Long-term debt outstanding at beginning of fiscal year