Finance 2007-08
Institution: University of Wisconsin-Eau Claire (240268)
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-Eau Claire (240268)
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, 2007.)
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-Eau Claire (240268)
User ID: 55A0011

Part A - Statement of Net Assets
Fiscal Year 2007
 Report in whole dollars only
 
Line no. Current year amountPrior year amount
 Current Assets  
01Total Current Assets 34,681,550
 
 Noncurrent Assets  
02Capital assets - depreciable (gross) 205,370,270
03Accumulated depreciation (enter as a positive amount) 87,387,639
04Other noncurrent assets (CV)
CV=[A05-(A02-A03)]		13,937,072 13,574,546
05Total noncurrent assets 131,557,177
 
06Total assets (CV)
CV=(A01+A05)		175,840,640 166,238,727
 
 Current Liabilities  
07Long-term debt, current portion 921,933
08Other current liabilities (CV)
CV=(A09-A07)		10,195,149 10,690,032
09Total current liabilities 11,611,965
 
 Noncurrent Liabilities  
10Long-term debt 13,893,653
11Other noncurrent liabilities (CV)
CV=(A12-A10)		1,171,327 1,023,778
12Total noncurrent liabilities 14,917,431
 
13Total liabilities (CV)
CV=(A09+A12)		25,968,325 26,529,396
 
 Net Assets  
14Invested in capital assets, net of related debt 108,153,171
15Restricted-expendable 31,255,286
16Restricted-nonexpendable 0
17Unrestricted (CV)
CV=[A18-(A14+A15+A16)]		8,307,502 300,874
18Total Net assets (CV)
CV=(A06-A13)		149,872,315 139,709,331
 
 
CV= Calculated Value
 
CAVEATS
 
Institution: University of Wisconsin-Eau Claire (240268)
User ID: 55A0011

Part A - Plant, Property, and Equipment
Fiscal Year 2007
 Report in whole dollars only    
 
Line No.DescriptionBeginning
balance		AdditionsRetirements
(CV)		Ending balance
 Plant, Property, and Equipment    
 
21Land & land improvements33
22Infrastructure0
23Buildings0
24Equipment339,121
25Art and library collections420,441
26Property obtained under capital leases
(if not included in equipment)		0
27Construction in progress0
28Accumulated depreciation337,189
 
 CV = (Beginning Balance + Additions - Ending Balance)  
 
CAVEATS
 
Institution: University of Wisconsin-Eau Claire (240268)
User ID: 55A0011

Part B - Revenues and Other Additions
Fiscal Year 2007
 Report in whole dollars only  
 
Line No.Source of FundsCurrent year amountPrior year amount
 Operating Revenues  
01Tuition & fees, after deducting discounts & allowances43,183,391
 Grants and contracts - operating  
02Federal operating grants and contracts4,589,525
03State operating grants and contracts626,685
04Local/private operating grants and contracts1,518,466
05Sales & services of auxiliary enterprises,
after deducting discounts & allowances		14,114,959
06Sales & services of hospitals,
after deducting patient contractual allowances		0
07Independent operations0
08Other sources - operating (CV)
CV=[B09-(B01+ ....+B07)]		17,731,82617,392,347
09Total operating revenues81,425,373
 
 
Institution: University of Wisconsin-Eau Claire (240268)
User ID: 55A0011

Part B - Revenues and Other Additions
Fiscal Year 2007
 Report in whole dollars only   
 
Line No.Source of fundsCurrent year amountPrior year amount
 Nonoperating Revenues  
10Federal appropriations0
11State appropriations42,614,031
12Local appropriations, education district taxes, & similar support0
 Grants-nonoperating  
13Federal nonoperating grants4,490,566
14State nonoperating grants0
15Local nonoperating grants0
16Gifts, including contributions from affiliated organizations1,070,035
17Investment income957,389
18Other nonoperating revenues (CV)
CV=[B19-(B10+...+B17)]		00
19Total nonoperating revenues49,132,021
 
 
Institution: University of Wisconsin-Eau Claire (240268)
User ID: 55A0011

Part B - Revenues and Other Additions
Fiscal Year 2007
 Report in whole dollars only  
 
Line No.Resource of fundsCurrent year amountPrior year amount
 Other Revenues and Additions  
20Capital appropriations2,843,500
21Capital grants & gifts377,610
22Additions to permanent endowments0
23Other revenues & additions (CV)
CV=[B24-(B20+...+B22)]		00
24Total other revenues and additions3,221,110
 
25Total all revenues and other additions (CV)
CV=(B09+B19+B24)		144,409,158133,778,504
 
CV = Calculated Value
 
CAVEATS
 
Institution: University of Wisconsin-Eau Claire (240268)
User ID: 55A0011

Part C - Expenses and Other Deductions
Fiscal Year 2007
 Report in whole
dollars only                              		     
  12345
Line No.DescriptionCurrent year totalSalaries & wagesEmployee fringe benefitsDepreciationAll other                    
 Operating Expenses 
01Instruction5,177,479
02Research429,113
03Public service1,161,865
05Academic support4,378,686
06Student services3,881,381
07Institutional support781,867
08Operation & maintenance
of plant		2,901,308
09Depreciation  4,301,466
10Scholarships and fellowships
expenses, excluding discounts & allowances (do not include work study here)		 4,093,931
11Auxiliary enterprises7,544,683
12Hospital services0
13Independent operations0
14Other expenses
& deductions (CV)
CV=[C15-(C01+...+C13)]		535,83335,6563090499,868
15Total operating expenses30,850,181
 Prior year amount123,173,55463,039,69924,334,8804,671,84331,127,132
 
 
Institution: University of Wisconsin-Eau Claire (240268)
User ID: 55A0011

Part C - Expenses and Other Deductions
Fiscal Year 2007
 Report in whole dollars only                                   
  12345
Line No.DescriptionCurrent year totalSalaries & wagesEmployee fringe benefitsDepreciationAll other                    
 Nonoperating Expenses and Deductions     
16Interest   803,128
17Other nonoperating expenses & deductions (CV)
CV=(C18-C16)		6,631,8310006,631,831
18Total nonoperating
expenses & deductions (CV)
CV=(C19-C15)		7,434,9590007,434,959
 
19Total expenses & deductions38,285,140
 Prior year amount133,544,09063,039,69924,334,8804,671,84341,497,668
 
CV = Calculated Value
 
CAVEATS
 
Institution: University of Wisconsin-Eau Claire (240268)
User ID: 55A0011

Part D - Summary of Changes In Net Assets
Fiscal Year 2007
 
Line No.DescriptionCurrent year amountPrior year amount
01Total revenues & other additions (from B25)144,409,158133,778,504
 
02Total expenses & deductions (from C19)134,246,430133,544,090
 
03Increase in net assets during year (CV)
CV=(D01-D02)		10,162,728234,414
04Net assets beginning of year139,474,917
05Adjustments to beginning net assets (CV)
CV=[D06-(D03+D04)]		2560
06Net assets end of year (from A18)149,872,315139,709,331
 
CV = Calculated Value
 
CAVEATS
 
Institution: University of Wisconsin-Eau Claire (240268)
User ID: 55A0011

Part E - Scholarships and Fellowships
Part E - Scholarships and Fellowships
Fiscal Year 2007
 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)4,490,566
02Other federal grants1,286,949
03Grants by state government353,668
04Grants by local government0
05Institutional grants from restricted resources121,838
06Institutional grants from unrestricted resources (CV)
CV=[E07-(E01+...+E05)]		35,48120,357
07Total gross scholarships and fellowships6,273,378
 
 Discounts and Allowances  
08Discounts & allowances applied to tuition & fees2,008,990
09Discounts & allowances applied to sales & services of
auxiliary enterprises (CV)
CV= (E10-E08)		596,333620,584
10Total Discounts & Allowances (CV)
CV=(E07-E11)		2,628,3162,629,574
 
11Net scholarships and fellowships expenses after deducting
discount & allowances (from C10)		4,093,9313,643,804
 
CV = Calculated Value
 
CAVEATS
 
Institution: University of Wisconsin-Eau Claire (240268)
User ID: 55A0011

Part H - Details of Endowment Assets
Fiscal Year 2007
Report in whole dollars only
Line No.Value of Endowment AssetsMarket ValuePrior Year Amounts
  Include not only endowment assets held by the institution, but any assets held by private foundations affiliated with the institution.  
01Value of endowment assets at the beginning of the fiscal year  24,012,046
02Value of endowment assets at the end of the fiscal year  25,599,883
Institution: University of Wisconsin-Eau Claire (240268)
User ID: 55A0011

Part J - Revenue Data for Bureau of Census
Part J - Revenues (Census Bureau)
Fiscal Year 2007
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 fees47,234,44547,234,445   
02Sales and services21,980,94314,326,5370
03Federal grants/contracts (excludes Pell Grants)4,935,142
 Revenue from the state government:
04State appropriations, current & capital44,623,574
05State grants and contracts685,269
 Revenue from local governments:
06Local appropriation, current & capital0
07Local government grants/contracts22,625
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-Eau Claire (240268)
User ID: 55A0011

Part K - Expenditure Data for Bureau of Census
Part K - Expenditures
Fiscal Year 2007
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 wages66,087,4695,026,9670
02Employee benefits, total25,572,3551,726,4480
03Payment to state retirement funds (maybe included in line 02 above)6,428,618
04Current expenditures other than salaries26,187,645
 Capital outlay: 
05Construction2,277,712
06Equipment purchases1,935,271
07Land purchases0
08Interest on debt outstanding, all funds & activities 
09Scholarships/fellowships6,722,2476,722,247 
 
CAVEATS
 
Institution: University of Wisconsin-Eau Claire (240268)
User ID: 55A0011

Part L - Debt and Assets, page 1
Part L - Debt and Assets
Fiscal Year 2007
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-Eau Claire (240268)
User ID: 55A0011

Part L - Debt and Assets, page 2
Part L - Debt and Assets (page 2)
Fiscal Year 2007
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-Eau Claire (240268) User ID:  55A0011
Explanation Report
There are no explanations for selected survey and institution