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		55,890,590
	Noncurrent Assets
31	Depreciable capital assets, net of depreciation		215,618,749
04	Other noncurrent assets CV=[A05-A31]	7,914,202	7,273,819
05	Total noncurrent assets		222,892,568
06	Total assets CV=(A01+A05)	279,720,594	278,783,158
	Current Liabilities
07	Long-term debt, current portion		2,805,869
08	Other current liabilities CV=(A09-A07)	14,117,508	17,955,599
09	Total current liabilities		20,761,468
	Noncurrent Liabilities
10	Long-term debt		70,928,114
11	Other noncurrent liabilities CV=(A12-A10)	1,433,271	1,397,917
12	Total noncurrent liabilities		72,326,031
13	Total liabilities CV=(A09+A12)	86,811,686	93,087,499
	Net Assets
14	Invested in capital assets, net of related debt		141,884,765
15	Restricted-expendable		20,479,234
16	Restricted-nonexpendable		156,338
17	Unrestricted CV=[A18-(A14+A15+A16)]	30,397,639	23,175,322
18	Total net assets CV=(A06-A13)	192,908,908	185,695,659
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		4,741,349
22	Infrastructure		26,640,849
23	Buildings		213,900,708
32	Equipment, including art and library collections		37,723,187
27	Construction in progress		34,130,371
	Total for Plant, Property and Equipment CV = (A21+ .. A27)	323,121,339	317,136,464
28	Accumulated depreciation		101,517,715
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			57,374,595
	Grants and contracts - operating
02	Federal operating grants and contracts			2,955,333
03	State operating grants and contracts			289,171
04	Local government/private operating grants and contracts		1,581,796	1,635,700
	04a	Local government operating grants and contracts		117,298
	04b	Private operating grants and contracts		1,518,402
05	Sales & services of auxiliary enterprises, after deducting discounts & allowances			19,670,209
06	Sales & services of hospitals, after deducting patient contractual allowances			0
26	Sales & services of educational activities			11,982,562
07	Independent operations			0
08	Other sources - operating CV=[B09-(B01+ ....+B07)]		12,670,121	12,602,468
09	Total operating revenues			106,510,038

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			33,063,848
12	Local appropriations, education district taxes, & similar support			0
	Grants-nonoperating
13	Federal nonoperating grants			10,269,186
14	State nonoperating grants			0
15	Local government nonoperating grants			0
16	Gifts, including contributions from affiliated organizations			517,617
17	Investment income			138,310
18	Other nonoperating revenues CV=[B19-(B10+...+B17)]		18,389	0
19	Total nonoperating revenues			43,988,961
27	Total operating and nonoperating revenues CV=[B19+B09]		165,978,744	150,498,999
28	12-month Student FTE from E12 CV=[B28a+B28b]		10,737
	28a	Undergraduates	9,669
	28b	Graduates	1,068
29	Total operating and nonoperating revenues per student FTE CV=[B27/B28]		15,459

Part B - Revenues and Other Additions

Line No.	Source of funds	Current year amount	Prior year amount
	Other Revenues and Additions
20	Capital appropriations		4,479,904
21	Capital grants & gifts		749,894
22	Additions to permanent endowments		0
23	Other revenues & additions CV=[B24-(B20+...+B22)]	0	280,526
24	Total other revenues and additions		5,510,324
25	Total all revenues and other additions CV=[B09+B19+B24]	167,804,877	156,009,323
You may use the space below to provide context for the data you've reported above.
There were no additions to UW Whitewater's permanent endowments 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								4,918,683	56,689,028
02	Research								97,531	692,795
03	Public service								2,980,438	4,486,129
05	Academic support								3,676,838	15,713,069
06	Student services								5,596,360	22,595,877
07	Institutional support								1,535,251	12,328,367
08	Operation & maintenance of plant (see instructions)		0						6,117,021	0
10	Scholarships and fellowships expenses, excluding discounts & allowances								6,741,470	5,887,878
11	Auxiliary enterprises								13,839,029	24,967,561
12	Hospital services								0	0
13	Independent operations								0	0
14	Other expenses & deductions CV=[C19-(C01+...+C13)]		11,596,305	0	0	0	648,462	0	10,947,843	11,938,800
19	Total expenses & deductions					0			56,450,464	155,299,504
	Prior year amount		155,299,504	64,809,217	23,742,411		7,968,025	2,496,377	56,283,474
20	12-month Student FTE from E12 CV=[C20a+C20b]		10,737
	20a	Undergraduates	9,669
	20b	Graduates	1,068
21	Total expenses and deductions per student FTE CV=[C19/C20]		14,957
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)	167,804,877	156,009,323
02	Total expenses & deductions (from C19)	160,591,627	155,299,504
03	Change in net assets during year CV=(D01-D02)	7,213,250	709,819
04	Net assets beginning of year		184,985,840
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)	192,908,908	185,695,659
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)		10,269,186
02	Other federal grants		726,500
03	Grants by state government		1,094,621
04	Grants by local government		0
05	Institutional grants from restricted resources		1,157,797
06	Institutional grants from unrestricted resources CV=[E07-(E01+...+E05)]	5,381,865	4,809,130
07	Total gross scholarships and fellowships		18,057,234
	Discounts and Allowances
08	Discounts & allowances applied to tuition & fees		9,796,245
09	Discounts & allowances applied to sales & services of auxiliary enterprises CV= (E10-E08)	3,005,196	2,373,111
10	Total discounts & allowances CV=(E07-E11)	14,581,292	12,169,356
11	Net scholarships and fellowships expenses after deducting discount & allowances (from C10)	6,741,470	5,887,878
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		10,030,892
02	Value of endowment assets at the end of the fiscal year		11,251,150
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	74,554,773	74,554,773
02	Sales and services	38,194,615		25,560,295	0
03	Federal grants/contracts (excludes Pell Grants)	3,693,956
	Revenue from the state government:
04	State appropriations, current & capital	36,074,061
05	State grants and contracts	369,904
	Revenue from local governments:
06	Local appropriation, current & capital	0
07	Local government grants/contracts	63,917
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	66,998,688		4,268,777	0
02	Employee benefits, total	25,607,346		1,503,888	0
03	Payment to state retirement funds (maybe included in line 02 above)	7,084,981
04	Current expenditures other than salaries	38,768,175
	Capital outlay:
05	Construction	3,889,281
06	Equipment purchases	1,842,125
07	Land purchases	0
08	Interest on debt outstanding, all funds & activities
09	Scholarships/fellowships	21,322,762	21,322,762
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 $62,978,677 43% $5,866 Government appropriations $36,074,061 25% $3,360 Government grants and contracts $16,847,184 12% $1,569 Private gifts, grants, and contracts $2,092,400 1% $195 Investment income $108,493 0% $10 Other core revenues $27,148,963 19% $2,529 Total core revenues $145,249,778 100% $13,528   Total revenues $167,804,877   $15,629
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 $59,418,894 44% $5,534 Research $592,336 0% $55 Public service $5,480,213 4% $510 Academic support $17,640,549 13% $1,643 Institutional support $11,886,475 9% $1,107 Student services $21,586,373 16% $2,010 Other core expenses $18,337,775 14% $1,708 Total core expenses $134,942,615 100% $12,568   Total expenses $160,591,627   $14,957
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 10,737

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.