Finance 2008-09
Institution: University of Wisconsin-Superior (240426)
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-Superior (240426)
User ID: 55A0011

Finance - Public institutions
Form Version
Finance - Public Institutions
The survey for GASB has been realigned to improve commonality and comparability of the finance data, however reporting in the new format is OPTIONAL for Fiscal Year 2007-08. Please indicate in which version you will report finance data:
      GASB, using standards of GASB 34 & 35
 Aligned GASB, using standards of GASB 34 & 35 (OPTIONAL in Fiscal Year 2007-08)
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-Superior (240426)
User ID: 55A0011

Finance - Public institutions
General Information
Finance - Public Institutions (unaligned form)
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, 2008.)
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 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
You may use the space below to provide context for the data you've reported above.
Institution: University of Wisconsin-Superior (240426)
User ID: 55A0011

Part A - Statement of Net Assets
Fiscal Year 2008
 Report in whole dollars only
 
Line no. Current year amountPrior year amount
 Current Assets  
01Total Current Assets 9,183,974
 
 Noncurrent Assets  
02Capital assets - depreciable (gross) 91,724,929
03Accumulated depreciation (enter as a positive amount) 37,112,400
31Capital assets Net of depreciation58,068,046 
04Other noncurrent assets (CV)
CV=[A05-(A02-A03)]		3,328,172 3,503,076
05Total noncurrent assets 58,115,605
 
06Total assets (CV)
CV=(A01+A05)		79,705,532 67,299,579
 
 Current Liabilities  
07Long-term debt, current portion 229,641
08Other current liabilities (CV)
CV=(A09-A07)		5,474,873 2,376,213
09Total current liabilities 2,605,854
 
 Noncurrent Liabilities  
10Long-term debt 3,311,854
11Other noncurrent liabilities (CV)
CV=(A12-A10)		388,415 353,115
12Total noncurrent liabilities 3,664,969
 
13Total liabilities (CV)
CV=(A09+A12)		 15,940,203 6,270,823
 
 Net Assets  
14Invested in capital assets, net of related debt 51,071,033
15Restricted-expendable 7,020,650
16Restricted-nonexpendable 949,288
17Unrestricted (CV)
CV=[A18-(A14+A15+A16)]		662,474 1,987,785
18Total Net assets (CV)
CV=(A06-A13)		63,765,329 61,028,756
 
 
CV= Calculated Value
 
You may use the space below to provide context for the data you've reported above.
 
Institution: University of Wisconsin-Superior (240426)
User ID: 55A0011

Part A - Plant, Property, and Equipment
Fiscal Year 2008
 Report in whole dollars only
 
Line No.DescriptionBeginning
balance		AdditionsRetirements
(CV)		Ending balance
 Plant, Property, and Equipment    
 
21Land & land improvements0
22Infrastructure0
23Buildings0
24Equipment128,378
25Art and library collections260,643
26Property obtained under capital leases
(if not included in equipment)		0
27Construction in progress0
28Accumulated depreciation125,117
 
 CV = (Beginning Balance + Additions - Ending Balance)  
 
You may use the space below to provide context for the data you've reported above.
 
Institution: University of Wisconsin-Superior (240426)
User ID: 55A0011

Part B - Revenues and Other Additions
Fiscal Year 2008
 Report in whole dollars only  
 
Line No.Source of FundsCurrent year amountPrior year amount
 Operating Revenues  
01Tuition & fees, after deducting discounts & allowances10,410,040
 Grants and contracts - operating  
02Federal operating grants and contracts2,894,346
03State operating grants and contracts151,266
04Local/private operating grants and contracts553,471
05Sales & services of auxiliary enterprises,
after deducting discounts & allowances		5,217,234
06Sales & services of hospitals,
after deducting patient contractual allowances		0
07Independent operations0
08Other sources - operating (CV)
CV=[B09-(B01+ ....+B07)]		3,200,2044,773,935
09Total operating revenues24,000,292
 
 
Institution: University of Wisconsin-Superior (240426)
User ID: 55A0011

Part B - Revenues and Other Additions
Fiscal Year 2008
 Report in whole dollars only
 
Line No.Source of fundsCurrent year amountPrior year amount
 Nonoperating Revenues  
10Federal appropriations0
11State appropriations17,701,008
12Local appropriations, education district taxes, & similar support0
 Grants-nonoperating  
13Federal nonoperating grants2,450,988
14State nonoperating grants0
15Local nonoperating grants0
16Gifts, including contributions from affiliated organizations529,005
17Investment income599,996
18Other nonoperating revenues (CV)
CV=[B19-(B10+...+B17)]		00
19Total nonoperating revenues21,280,997
 
 
Institution: University of Wisconsin-Superior (240426)
User ID: 55A0011

Part B - Revenues and Other Additions
Fiscal Year 2008
 Report in whole dollars only
 
Line No.Resource of fundsCurrent year amountPrior year amount
 Other Revenues and Additions  
20Capital appropriations2,178,938
21Capital grants & gifts0
22Additions to permanent endowments0
23Other revenues & additions (CV)
CV=[B24-(B20+...+B22)]		551,65944,959
24Total other revenues and additions2,223,897
 
25Total all revenues and other additions (CV)
CV=(B09+B19+B24)		48,043,84447,505,186
 
CV = Calculated Value
 
You may use the space below to provide context for the data you've reported above.
 
Institution: University of Wisconsin-Superior (240426)
User ID: 55A0011

Part C - Expenses and Other Deductions
Fiscal Year 2008
 Report in whole dollars only                              
  12345
Line No.DescriptionCurrent year totalSalaries & wagesEmployee fringe benefitsDepreciationAll other                    
 Operating Expenses 
01Instruction997,673
02Research889,196
03Public service318,125
05Academic support536,058
06Student services1,943,658
07Institutional support827,690
08Operation & maintenance
of plant		2,268,713
09Depreciation  1,877,9560
10Scholarships and fellowships
expenses, excluding discounts & allowances (do not include work study here)		 430,028
11Auxiliary enterprises3,859,745
12Hospital services0
13Independent operations0
14Other expenses
& deductions (CV)
CV=[C15-(C01+...+C13)]		26,21810,9330015,285
15Total operating expenses12,086,171
 Prior year amount41,442,43619,758,3137,889,8391,818,05011,976,234
 
 
Institution: University of Wisconsin-Superior (240426)
User ID: 55A0011

Part C - Expenses and Other Deductions
Fiscal Year 2008
 Report in whole dollars only                              
  12345
Line No.DescriptionCurrent year totalSalaries & wagesEmployee fringe benefitsDepreciationAll other                    
 Nonoperating Expenses and Deductions     
16Interest   261,337
17Other nonoperating expenses & deductions (CV)
CV=(C18-C16)		1,746,6640001,746,664
18Total nonoperating
expenses & deductions (CV)
CV=(C19-C15)		2,008,0010002,008,001
 
19Total expenses & deductions14,094,172
 Prior year amount44,656,55919,758,3137,889,8391,818,05015,190,357
 
CV = Calculated Value
 
You may use the space below to provide context for the data you've reported above.
 
Institution: University of Wisconsin-Superior (240426)
User ID: 55A0011

Part D - Summary of Changes In Net Assets
Fiscal Year 2008
 
Line No.DescriptionCurrent year amountPrior year amount
01Total revenues & other additions (from B25)48,043,84447,505,186
 
02Total expenses & deductions (from C19)45,307,27244,656,559
 
03Change in net assets during year (CV)
CV=(D01-D02)		2,736,5722,848,627
04Net assets beginning of year54,853,761
05Adjustments to beginning net assets (CV)
CV=[D06-(D03+D04)]		13,326,368
06Net assets end of year (from A18)63,765,32961,028,756
 
CV = Calculated Value
 
You may use the space below to provide context for the data you've reported above.
 
Institution: University of Wisconsin-Superior (240426)
User ID: 55A0011

Part E - Scholarships and Fellowships
Part E - Scholarships and Fellowships
Fiscal Year 2008
 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)2,450,988
02Other federal grants257,459
03Grants by state government127,287
04Grants by local government0
05Institutional grants from restricted resources101,541
06Institutional grants from unrestricted resources (CV)
CV=[E07-(E01+...+E05)]		12,2288,779
07Total gross scholarships and fellowships2,946,054
 
 Discounts and Allowances  
08Discounts & allowances applied to tuition & fees2,298,650
09Discounts & allowances applied to sales & services of
auxiliary enterprises (CV)
CV= (E10-E08)		329,385325,497
10Total Discounts & Allowances (CV)
CV=(E07-E11)		2,757,9992,624,147
 
11Net scholarships and fellowships expenses after deducting
discount & allowances (from C10)		430,028321,907
 
CV = Calculated Value
 
You may use the space below to provide context for the data you've reported above.
 
Institution: University of Wisconsin-Superior (240426)
User ID: 55A0011

Part H - Details of Endowment Assets
Fiscal Year 2008
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  10,200,585
02Value of endowment assets at the end of the fiscal year  9,742,473
Institution: University of Wisconsin-Superior (240426)
User ID: 55A0011

Part J - Revenue Data for Bureau of Census
Part J - Revenues (Census Bureau)
Fiscal Year 2008
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 fees12,484,90512,484,905   
02Sales and services7,393,9065,852,1300
03Federal grants/contracts (excludes Pell Grants)2,758,150
 Revenue from the state government:
04State appropriations, current & capital17,692,892
05State grants and contracts181,893
 Revenue from local governments:
06Local appropriation, current & capital0
07Local government grants/contracts0
08Receipts from property and non-property taxes 
09Gifts and private grants, including capital grants 
10Interest earnings 
11Dividend earnings 
12Realized capital gains 
 
You may use the space below to provide context for the data you've reported above.
 
Institution: University of Wisconsin-Superior (240426)
User ID: 55A0011

Part K - Expenditure Data for Bureau of Census
Part K - Expenditures
Fiscal Year 2008
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 wages20,868,5361,042,3780
02Employee benefits, total8,466,609456,6500
03Payment to state retirement funds (maybe included in line 02 above)2,138,328
04Current expenditures other than salaries11,622,177
 Capital outlay: 
05Construction4,387,123
06Equipment purchases313,882
07Land purchases453,113
08Interest on debt outstanding, all funds & activities 
09Scholarships/fellowships3,188,0273,188,027 
 
You may use the space below to provide context for the data you've reported above.
 
Institution: University of Wisconsin-Superior (240426)
User ID: 55A0011

Part L - Debt and Assets, page 1
Part L - Debt and Assets
Fiscal Year 2008
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
 
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Institution: University of Wisconsin-Superior (240426)
User ID: 55A0011

Part L - Debt and Assets, page 2
Part L - Debt and Assets (page 2)
Fiscal Year 2008
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
 
You may use the space below to provide context for the data you've reported above.
 
Institution:  University of Wisconsin-Superior (240426) User ID:  55A0011
Explanation Report
There are no explanations for selected survey and institution