Finance 2009-10
Institution: University of Wisconsin-Stevens Point (240480)
User ID: 55A0011
Finance - Public institutions
Reporting Standard
Please indicate which reporting standards are used to prepare your financial statements:
GASB (Governmental Accounting Standards Board), using standards of GASB 34 & 35
FASB (Financial Accounting Standards 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-Stevens Point (240480)
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 2008-09. 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 2008-09)
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-Stevens Point (240480)
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, 2009.)
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
(Explain in
box below)
Don't know
(Explain in
box below)
3. Reporting Model
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. Intercollegiate Athletics
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. Endowment Assets
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-Stevens Point (240480)
User ID: 55A0011
Part A - Statement of Net Assets
Fiscal Year 2009
Line no.
Description
Current year amount
Prior year amount
Current Assets
01
Total
current assets
41,236,596
Noncurrent Assets
02
Capital assets
- depreciable (gross)
244,095,538
03
Accumulated depreciation
90,333,086
31
Capital assets
, net of depreciation
CV
=(A02-A03)
158,197,326
153,762,452
04
Other noncurrent assets
CV
=[A05-(A02-A03)]
13,764,184
13,932,686
05
Total noncurrent assets
167,695,138
06
Total assets
CV
=(A01+A05)
211,779,539
208,931,734
Current
Liabilities
07
Long-term debt, current portion
2,586,699
08
Other
current liabilities
CV
=(A09-A07)
16,132,158
16,741,210
09
Total current liabilities
19,327,909
Noncurrent Liabilities
10
Long-term debt
40,167,445
11
Other noncurrent liabilities
CV
=(A12-A10)
1,216,030
1,097,393
12
Total noncurrent liabilities
41,264,838
13
Total liabilities
CV
=(A09+A12)
59,731,667
60,592,747
Net Assets
14
Invested in capital assets, net of related debt
111,008,308
15
Restricted-expendable
27,409,218
16
Restricted-nonexpendable
127,015
17
Unrestricted
CV
=[A18-(A14+A15+A16)]
11,289,104
9,794,446
18
Total net assets
CV
=(A06-A13)
152,047,872
148,338,987
You may use the space below to
provide context
for the data you've reported above.
Institution: University of Wisconsin-Stevens Point (240480)
User ID: 55A0011
Part A - Plant, Property, and Equipment
Fiscal Year 2009
Line No.
Description
Beginning
balance
Additions
Retirements
Ending balance
Plant, Property, and Equipment
21
Land & land improvements
0
22
Infrastructure
0
23
Buildings
42,812
24
Equipment
65,587
25
Art and
library collections
0
26
Property obtained under
capital leases
(if not included in equipment)
0
27
Construction in progress
0
Total for Plant, Property and Equipment
CV
= (A21+ .. A27)
244,095,537
10,695,467
108,399
254,682,605
28
Accumulated depreciation
82,137
You may use the space below to
provide context
for the data you've reported above.
Institution: University of Wisconsin-Stevens Point (240480)
User ID: 55A0011
Part B - Revenues and Other Additions
Fiscal Year 2009
Line No.
Source of Funds
Current year amount
Prior year amount
Operating
Revenues
01
Tuition & fees,
after deducting
discounts & allowances
39,992,506
Grants and contracts
- operating
02
Federal operating grants and contracts
5,554,384
03
State operating grants and contracts
3,972,037
04
Local government/private operating grants and contracts
1,238,008
05
Sales & services of
auxiliary enterprises,
after deducting
discounts & allowances
17,198,215
06
Sales & services of hospitals,
after deducting
patient contractual allowances
0
07
Independent operations
0
08
Other sources - operating
CV
=[B09-(B01+ ....+B07)]
22,845,189
23,683,713
09
Total operating revenues
91,638,863
Institution: University of Wisconsin-Stevens Point (240480)
User ID: 55A0011
Part B - Revenues and Other Additions
Fiscal Year 2009
Line No.
Source of funds
Current year amount
Prior year amount
Nonoperating
Revenues
10
Federal appropriations
0
11
State appropriations
38,556,610
12
Local appropriations, education district taxes, & similar support
0
Grants-nonoperating
13
Federal nonoperating grants
6,692,379
14
State nonoperating grants
0
15
Local government nonoperating grants
0
16
Gifts
, including
contributions from affiliated organizations
521,101
17
Investment income
849,732
18
Other nonoperating revenues
CV
=[B19-(B10+...+B17)]
0
0
19
Total nonoperating revenues
46,619,822
Institution: University of Wisconsin-Stevens Point (240480)
User ID: 55A0011
Part B - Revenues and Other Additions
Fiscal Year 2009
Line No.
Source of funds
Current year amount
Prior year amount
Other Revenues and Additions
20
Capital appropriations
1,504,658
21
Capital grants & gifts
300,085
22
Additions to permanent endowments
0
23
Other revenues & additions
CV
=[B24-(B20+...+B22)]
208,350
78,723
24
Total other revenues and additions
1,883,466
25
Total all revenues and other additions
CV
=(B09+B19+B24)
145,279,654
140,142,151
You may use the space below to
provide context
for the data you've reported above.
Institution: University of Wisconsin-Stevens Point (240480)
User ID: 55A0011
Part C - Expenses and Other Deductions
Fiscal Year 2009
1
2
3
4
5
Line No.
Description
Current year total
Salaries & wages
Employee fringe benefits
Depreciation
All other
Operating Expenses
01
Instruction
7,701,194
02
Research
1,190,379
03
Public service
4,929,342
05
Academic support
2,881,636
06
Student services
5,517,071
07
Institutional support
1,658,361
08
Operation & maintenance
of plant
3,870,965
09
Depreciation
6,234,330
0
10
Scholarships and fellowships
expenses
, excluding
discounts & allowances
3,338,849
11
Auxiliary enterprises
10,662,682
12
Hospital services
0
13
Independent operations
0
14
Other expenses
& deductions
CV
=[C15-(C01+...+C13)]
256,864
115,645
1,662
0
139,557
15
Total operating expenses
41,890,036
Prior year amount
134,568,108
62,378,826
24,737,939
5,437,237
42,014,106
Institution: University of Wisconsin-Stevens Point (240480)
User ID: 55A0011
Part C - Expenses and Other Deductions
Fiscal Year 2009
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
1,788,963
17
Other nonoperating expenses & deductions
(CV)
CV
=(C18-C16)
1,096,249
0
0
0
1,096,249
18
Total nonoperating
expenses & deductions
(CV)
CV
=(C19-C15)
2,885,212
0
0
0
2,885,212
19
Total expenses & deductions
44,775,248
Prior year amount
138,435,098
62,378,826
24,737,939
5,437,237
45,881,096
You may use the space below to
provide context
for the data you've reported above.
Institution: University of Wisconsin-Stevens Point (240480)
User ID: 55A0011
Part D - Summary of Changes In Net Assets
Fiscal Year 2009
Line No.
Description
Current year amount
Prior year amount
01
Total revenues & other additions
(from B25)
145,279,654
140,142,151
02
Total expenses & deductions
(from C19)
141,570,769
138,435,098
03
Change in net assets during year
CV
=(D01-D02)
3,708,885
1,707,053
04
Net assets
beginning of year
146,631,933
05
Adjustments to beginning net assets
CV
=[D06-(D03+D04)]
0
1
06
Net assets end of year
(from A18)
152,047,872
148,338,987
You may use the space below to
provide context
for the data you've reported above.
Institution: University of Wisconsin-Stevens Point (240480)
User ID: 55A0011
Part E - Scholarships and Fellowships
Fiscal Year 2009
Line No.
Source
Current year amount
Prior year amount
01
Pell grants
(federal)
6,665,755
02
Other federal grants
780,451
03
Grants by state government
363,453
04
Grants by local government
0
05
Institutional grants from restricted resources
105,839
06
Institutional grants from unrestricted resources
CV
=[E07-(E01+...+E05)]
66,732
46,762
07
Total gross scholarships and fellowships
7,962,260
Discounts and Allowances
08
Discounts & allowances
applied to
tuition & fees
4,009,618
09
Discounts & allowances
applied to sales & services of
auxiliary enterprises
CV
= (E10-E08)
1,157,721
1,055,654
10
Total discounts & allowances
CV
=(E07-E11)
5,591,869
5,065,272
11
Net scholarships and fellowships expenses after deducting
discount & allowances
(from C10)
3,338,849
2,896,988
You may use the space below to
provide context
for the data you've reported above.
Institution: University of Wisconsin-Stevens Point (240480)
User ID: 55A0011
Part H - Details of Endowment Assets
Fiscal Year 2009
Line No.
Value of Endowment Assets
Market Value
Prior Year Amounts
Include not only endowment assets held by the institution, but any assets held by private foundations affiliated with the institution.
01
Value of
endowment assets
at the beginning of the fiscal year
15,735,673
02
Value of
endowment assets
at the end of the fiscal year
18,028,985
Institution: University of Wisconsin-Stevens Point (240480)
User ID: 55A0011
Part J - Revenue Data for Bureau of Census
Fiscal Year 2009
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
46,422,222
46,422,222
02
Sales and services
29,508,563
19,378,945
0
03
Federal grants/contracts (excludes Pell Grants)
6,233,321
Revenue from the state government:
04
State appropriations, current & capital
38,024,037
05
State grants and contracts
3,978,364
Revenue from local governments:
06
Local appropriation, current & capital
0
07
Local government grants/contracts
148,386
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
You may use the space below to
provide context
for the data you've reported above.
Institution: University of Wisconsin-Stevens Point (240480)
User ID: 55A0011
Part K - Expenditure Data for Bureau of Census
Fiscal Year 2009
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
64,226,310
3,753,183
0
02
Employee benefits, total
26,334,881
1,378,079
0
03
Payment to state retirement funds (maybe included in line 02 above)
6,591,519
04
Current expenditures other than salaries
38,144,090
Capital outlay:
05
Construction
8,976,392
06
Equipment purchases
862,727
07
Land purchases
234,444
08
Interest on debt outstanding, all funds & activities
09
Scholarships/fellowships
8,930,718
8,930,718
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provide context
for the data you've reported above.
Institution: University of Wisconsin-Stevens Point (240480)
User ID: 55A0011
Part L - Debt and Assets, page 1
Fiscal Year 2009
Debt
Category
Amount
01
Long-term debt outstanding at beginning of fiscal year
02
Long-term debt issued during fiscal year
03
Long-term debt retired during fiscal year
04
Long-term debt outstanding at end of fiscal year
05
Short-term debt outstanding at beginning of fiscal year
06
Short-term debt outstanding at end of fiscal year
You may use the space below to
provide context
for the data you've reported above.
Institution: University of Wisconsin-Stevens Point (240480)
User ID: 55A0011
Part L - Debt and Assets, page 2
Fiscal Year 2009
Assets
Category
Amount
07
Total cash and security assets held at end of fiscal year in sinking or debt service funds
08
Total cash and security assets held at end of fiscal year in bond funds
09
Total cash and security assets held at end of fiscal year in all other funds
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Institution:
University of Wisconsin-Stevens Point (240480)
User ID:
55A0011
Explanation Report
Number
Source
Location
Description
Severity
Accepted
Screen: Part 3
1
Row 33
Column 3
Upload File
This number should be greater than zero. Please explain.
Explanation
Yes
Reason:
There were no additions to permanent endowments in FY 2009.