Overview

Finance Overview
	Purpose
	The purpose of the IPEDS Finance component is to collect basic financial information from items associated with the institution's General Purpose Financial Statements.
	Resources: To download the survey materials for this component: Survey Materials
	To access your prior year data submission for this component: Reported Data
If you have questions about completing this survey, please contact the IPEDS Help Desk at 1-877-225-2568.

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.

Finance - Public institutions

General Information GASB-Reporting Institutions (aligned form)

To the extent possible, the finance data requested in this report should be provided from your institution's audited General Purpose Financial Statements (GPFS). Please refer to the instructions specific to each screen of the survey for details 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, 2011.)
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

You may use the space below to provide context for the data you've reported above.

Part A - Statement of Net Assets

Line no.		Current year amount	Prior year amount
	Current Assets
01	Total current assets		53,553,387
	Noncurrent Assets
31	Depreciable capital assets, net of depreciation		126,427,484
04	Other noncurrent assets CV=[A05-A31]	13,811,395	14,492,663
05	Total noncurrent assets		140,920,147
06	Total assets CV=(A01+A05)	222,854,946	194,473,534
	Current Liabilities
07	Long-term debt, current portion		1,101,962
08	Other current liabilities CV=(A09-A07)	16,001,798	16,286,404
09	Total current liabilities		17,388,366
	Noncurrent Liabilities
10	Long-term debt		12,655,625
11	Other noncurrent liabilities CV=(A12-A10)	1,597,059	1,520,391
12	Total noncurrent liabilities		14,176,016
13	Total liabilities CV=(A09+A12)	45,629,514	31,564,382
	Net Assets
14	Invested in capital assets, net of related debt		112,669,897
15	Restricted-expendable		33,696,656
16	Restricted-nonexpendable		0
17	Unrestricted CV=[A18-(A14+A15+A16)]	24,630,876	16,542,599
18	Total net assets CV=(A06-A13)	177,225,432	162,909,152
You may use the space below to provide context for the data you've reported above.

Part A - Statement of Net Assets (Page 2)

Line No.	Description	Ending balance	Prior year Ending balance
	Capital Assets
21	Land & land improvements		1,683,516
22	Infrastructure		12,126,053
23	Buildings		139,493,066
32	Equipment, including art and library collections		67,894,954
27	Construction in progress		7,312,856
	Total for Plant, Property and Equipment CV = (A21+ .. A27)	241,554,096	228,510,445
28	Accumulated depreciation		102,082,960
33	Intangible assets, net of accumulated amortization		0
34	Other capital assets		0
You may use the space below to provide context for the data you've reported above.

Part B - Revenues and Other Additions

Line No.	Source of Funds		Current year amount	Prior year amount
	Operating Revenues
01	Tuition & fees, after deducting discounts & allowances			53,981,819
	Grants and contracts - operating
02	Federal operating grants and contracts			4,536,763
03	State operating grants and contracts			274,747
04	Local government/private operating grants and contracts		3,845,440	3,417,275
	04a	Local government operating grants and contracts		0
	04b	Private operating grants and contracts		3,417,275
05	Sales & services of auxiliary enterprises, after deducting discounts & allowances			14,140,889
06	Sales & services of hospitals, after deducting patient contractual allowances			0
26	Sales & services of educational activities			10,086,243
07	Independent operations			0
08	Other sources - operating CV=[B09-(B01+ ....+B07)]		14,609,874	13,029,983
09	Total operating revenues			99,467,719

Part B - Revenues and Other Additions

Line No.	Source of funds		Current year amount	Prior year amount
	Nonoperating Revenues
10	Federal appropriations			0
11	State appropriations			44,023,997
12	Local appropriations, education district taxes, & similar support			0
	Grants-nonoperating
13	Federal nonoperating grants			10,043,424
14	State nonoperating grants			0
15	Local government nonoperating grants			0
16	Gifts, including contributions from affiliated organizations			379,949
17	Investment income			143,087
18	Other nonoperating revenues CV=[B19-(B10+...+B17)]		327,266	37,439
19	Total nonoperating revenues			54,627,896
27	Total operating and nonoperating revenues CV=[B19+B09]		174,861,108	154,095,615
28	12-month Student FTE from E12 CV=[B28a+B28b]		10,240
	28a	Undergraduates	9,904
	28b	Graduates	336
29	Total operating and nonoperating revenues per student FTE CV=[B27/B28]		17,076

Part B - Revenues and Other Additions

Line No.	Source of funds	Current year amount	Prior year amount
	Other Revenues and Additions
20	Capital appropriations		1,115,551
21	Capital grants & gifts		543,557
22	Additions to permanent endowments		0
23	Other revenues & additions CV=[B24-(B20+...+B22)]	0	602,156
24	Total other revenues and additions		2,261,264
25	Total all revenues and other additions CV=[B09+B19+B24]	177,935,996	156,356,879
You may use the space below to provide context for the data you've reported above.
There were no additions to UW Eau Claire's permanent endowment in FY 2011.

Part C - Expenses and Other Deductions

			1	2	3	4	5	6	7	8
Line No.	Description		Total amount	Salaries & wages	Employee fringe benefits	Operation and maintenance of plant	Depreciation	Interest	All other	PY Total Amount
	Expenses and Deductions
01	Instruction								7,186,452	60,329,005
02	Research								213,763	1,355,562
03	Public service								856,000	2,597,403
05	Academic support								4,377,441	19,239,717
06	Student services								3,895,231	22,260,526
07	Institutional support								1,782,070	11,028,157
08	Operation & maintenance of plant (see instructions)		0						3,229,147	0
10	Scholarships and fellowships expenses, excluding discounts & allowances								8,726,390	6,892,502
11	Auxiliary enterprises								7,288,409	16,345,379
12	Hospital services								0	0
13	Independent operations								0	0
14	Other expenses & deductions CV=[C19-(C01+...+C13)]		13,478,109	34,453	148	0	524,002	0	12,919,506	11,134,786
19	Total expenses & deductions					0			50,474,409	151,183,037
	Prior year amount		151,183,037	69,297,613	32,002,640		5,324,406	775,533	43,782,845
20	12-month Student FTE from E12 CV=[C20a+C20b]		10,240
	20a	Undergraduates	9,904
	20b	Graduates	336
21	Total expenses and deductions per student FTE CV=[C19/C20]		15,978
You may use the space below to provide context for the data you've reported above.

Part D - Summary of Changes In Net Assets

Line No.	Description	Current year amount	Prior year amount
01	Total revenues & other additions (from B25)	177,935,996	156,356,879
02	Total expenses & deductions (from C19)	163,619,715	151,183,037
03	Change in net assets during year CV=(D01-D02)	14,316,281	5,173,842
04	Net assets beginning of year		157,735,310
05	Adjustments to beginning net assets and other gains or losses CV=[D06-(D03+D04)]	-1	0
06	Net assets end of year (from A18)	177,225,432	162,909,152
You may use the space below to provide context for the data you've reported above.

Part E - Scholarships and Fellowships

Line No.	Source	Current year amount	Prior year amount
01	Pell grants (federal)		10,043,424
02	Other federal grants		1,166,755
03	Grants by state government		562,450
04	Grants by local government		0
05	Institutional grants from restricted resources		421,598
06	Institutional grants from unrestricted resources CV=[E07-(E01+...+E05)]	1,273,838	86,833
07	Total gross scholarships and fellowships		12,281,060
	Discounts and Allowances
08	Discounts & allowances applied to tuition & fees		4,129,164
09	Discounts & allowances applied to sales & services of auxiliary enterprises CV= (E10-E08)	1,454,937	1,259,394
10	Total discounts & allowances CV=(E07-E11)	6,847,063	5,388,558
11	Net scholarships and fellowships expenses after deducting discount & allowances (from C10)	8,726,390	6,892,502
You may use the space below to provide context for the data you've reported above.

Part H - Details of Endowment Assets

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		24,522,980
02	Value of endowment assets at the end of the fiscal year		27,341,262
You may use the space below to provide context for the data you've reported above.

Part J - Revenue Data for Bureau of Census

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	66,849,281	66,849,281
02	Sales and services	27,110,994		16,490,667	0
03	Federal grants/contracts (excludes Pell Grants)	4,836,383
	Revenue from the state government:
04	State appropriations, current & capital	51,587,294
05	State grants and contracts	379,111
	Revenue from local governments:
06	Local appropriation, current & capital	0
07	Local government grants/contracts	224,743
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.

Part K - Expenditure Data for Bureau of Census

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	72,698,972		5,241,985	0
02	Employee benefits, total	34,310,224		2,231,598	0
03	Payment to state retirement funds (maybe included in line 02 above)	8,368,087
04	Current expenditures other than salaries	28,728,526
	Capital outlay:
05	Construction	11,032,242
06	Equipment purchases	4,531,009
07	Land purchases	3,278
08	Interest on debt outstanding, all funds & activities
09	Scholarships/fellowships	15,573,453	15,573,453
You may use the space below to provide context for the data you've reported above.

Part L - Debt and Assets, page 1

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.

Part L - Debt and Assets, page 2

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
You may use the space below to provide context for the data you've reported above.

IPEDS collects important information regarding your institution. All data reported in IPEDS survey components become available in the IPEDS Data Center and appear as aggregated data in various Department of Education reports. Additionally, some of the reported data appears specifically for your institution through the College Navigator website and is included in your institution’s Data Feedback Report (DFR). The purpose of this summary is to provide you an opportunity to view some of the data that, when accepted through the IPEDS quality control process, will appear on the College Navigator website and/or your DFR. College Navigator is updated approximately three months after the data collection period closes and Data Feedback Reports will be available through the ExPT and sent to your institution’s CEO in November 2012.

Please review your data for accuracy. If you have questions about the data displayed below after reviewing the data reported on the survey screens, please contact the IPEDS Help Desk at: 1-877-225-2568 or ipedshelp@rti.org.

Core Revenues
Revenue Source Reported values Percent of total core revenues Core revenues per FTE enrollment Tuition and fees $61,457,155 38% $6,002 Government appropriations $51,587,294 32% $5,038 Government grants and contracts $17,144,307 11% $1,674 Private gifts, grants, and contracts $3,891,887 2% $380 Investment income $187,268 0% $18 Other core revenues $28,632,355 18% $2,796 Total core revenues $162,900,266 100% $15,908   Total revenues $177,935,996   $17,377
Core revenues include tuition and fees; government appropriations (federal, state, and local); government grants and contracts; private gifts, grants, and contracts; investment income; other operating and nonoperating sources; and other revenues and additions. Core revenues exclude revenues from auxiliary enterprises (e.g., bookstores, dormitories), hospitals, and independent operations.

Core Expenses
Expense function Reported values Percent of total core expenses Core expenses per FTE enrollment Instruction $66,351,791 45% $6,480 Research $1,006,603 1% $98 Public service $2,365,941 2% $231 Academic support $20,459,044 14% $1,998 Institutional support $11,834,447 8% $1,156 Student services $22,699,547 15% $2,217 Other core expenses $22,204,499 15% $2,168 Total core expenses $146,921,872 100% $14,348   Total expenses $163,619,715   $15,978
Core expenses include expenses for instruction, research, public service, academic support, institutional support, student services, operation and maintenance of plant, depreciation, scholarships and fellowships expenses, other expenses, and nonoperating expenses.

Calculated value FTE enrollment 10,240

The full-time equivalent (FTE) enrollment used in this report is the sum of the institution’s FTE undergraduate enrollment and FTE graduate enrollment (as calculated from or reported on the 12-month Enrollment component). FTE is estimated using 12- month instructional activity (credit and/or contact hours). All doctor’s degree students are reported as graduate students.