finance 2016-17 institution: university of wisconsin …cv=(e08+e09) 6,853,542 6,494,728 11 net...

Finance 2016-17Institution: University of Wisconsin-Parkside (240374)User ID: 55C0011

OverviewFinance Overview

Purpose The purpose of the IPEDS Finance component is to collect basic financial information from items associated with theinstitution's General Purpose Financial Statements.

There are a few new changes to the 2016-17 Finance data collection:

•For all institutions, the expense matrix has been removed and expenses are collected by functional and naturalclassification categories separately, except for salaries and wages.•For GASB institutions, fields to collect deferred outflows and inflows of resources separately from current assets andliabilities to comply with GASB 63 have been added.

Please review the new screens and survey materials carefully.

Resources:To download the survey materials for this component: Survey Materials

If you have questions about completing this survey, please contact the IPEDS Help Desk at 1-877-225-2568.

https://surveys.nces.ed.gov/ipeds_py/VisIndex.aspx

Institution: University of Wisconsin-Parkside (240374)User ID: 55C0011

Finance - Public institutionsReporting 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 thisquestion will determine the forms you will receive for reporting finance data.


Finance - Public institutionsGeneral Information

GASB-Reporting Institutions (aligned form)To the extent possible, the finance data requested in this report should be provided from your institution's auditedGeneral Purpose Financial Statements (GPFS). Please refer to the instructions specific to each screen of the survey fordetails and references.1. Fiscal Year CalendarThis report covers financial activities for the 12-month fiscal year: (The fiscal year reported should be the mostrecent fiscal year ending before October 1, 2016.)Beginning: month/year (MMYYYY) Month: 7 Year: 2015And ending: month/year (MMYYYY) Month: 6 Year: 20162. Audit OpinionDid your institution receive an unqualified opinion on its General Purpose Financial Statements from your auditor for thefiscal year noted above? (If your institution is audited only in combination with another entity, answer this question basedon the audit of that entity.) Unqualified Qualified

(Explain inbox below)

Don't know(Explain inbox below)

3. Reporting ModelGASB Statement No. 34 offers three alternative reporting models for special-purpose governments like colleges anduniversities. Which model is used by your institution? Business Type Activities

Governmental Activities

Governmental Activities with Business-Type Activities

4. Intercollegiate AthleticsIf your institution participates in intercollegiate athletics, are the expenses accounted for as auxiliary enterprises ortreated as student services? Auxiliary enterprises

Student services

Does not participate in intercollegiate athletics

Other (specify in box below)

5. Endowment AssetsDoes this institution or any of its foundations or other affiliated organizations own endowment assets ? No

Yes - (report endowment assets)

6. PensionDoes your institution include pension liabilities, expenses, and/or deferrals for one or more defined benefit pension plansin its General Purpose Financial Statements? No

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


Part A - Statement of Net Position Page 1Most recent fiscal year ending before October 2016

If your institution is a parent institution then the amounts reported in Parts A and D should include ALL of yourchild institutions

Line no. Current year amount Prior year amount

Assets 01 Total current assets 24,701,715 25,737,367

31 Depreciable capital assets, net of depreciation 84,808,040 123,147,99304 Other noncurrent assets

CV=[A05-A31] 36,224,249 7,737,369

05 Total noncurrent assets 121,032,289 130,885,362

06 Total assetsCV=(A01+A05)

145,734,004 156,622,729

19 Deferred outflows of resources 17,910,161 Liabilities

07 Long-term debt, current portion 3,144,827 2,780,10908 Other current liabilities

CV=(A09-A07) 5,968,380 5,067,224

09 Total current liabilities 9,113,207 7,847,333

10 Long-term debt 42,946,518 43,031,91811 Other noncurrent liabilities

CV=(A12-A10) 7,143,562 4,076,499

12 Total noncurrent liabilities 50,090,080 47,108,417

13 Total liabilitiesCV=(A09+A12)

59,203,287 54,955,750

20 Deferred inflows of resources 6,067,064 Net Position

14 Invested in capital assets, net of related debt 71,982,216 77,335,96615 Restricted-expendable 11,125,319 11,067,94416 Restricted-nonexpendable 802,370 5,472,43917 Unrestricted

CV=[A18-(A14+A15+A16)] 14,463,909 7,790,630

18 Net positionCV=[(A06+A19)-(A13+A20)]

98,373,814 101,666,979

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


Part A - Statement of Net Position Page 2Most recent fiscal year ending before October 2016

Line No. Description Ending balance Prior year

Ending balance Capital Assets

21 Land and land improvements 15,410,405 2,159,07922 Infrastructure 0 13,251,32623 Buildings 150,768,070 150,724,32932 Equipment, including art and library collections 33,695,779 36,211,56527 Construction in progress 2,712,753 57,500

Total for Plant, Property and EquipmentCV = (A21+ .. A27)

202,587,007 202,403,799

28 Accumulated depreciation 84,513,447 79,255,80633 Intangible assets, net of accumulated amortization 0 034 Other capital assets 0 0



Part D - Summary of Changes In Net PositionMost recent fiscal year ending before October 2016

If your institution is a parent institution then the amounts reported in Parts A and D should include ALL of yourchild institutions

LineNo.

Description Current yearamount

Prior yearamount

01 Total revenues and other additions for this institution AND all of its childinstitutions

66,582,210 68,624,790

02 Total expenses and deductions for this institution AND all of its child

institutions 69,875,375 68,892,308

03 Change in net position during year

CV=(D01-D02) -3,293,165 -267,518

04 Net position beginning of year for this institution AND all of its childinstitutions

101,666,979 97,950,535

05 Adjustments to beginning net position and other gains or lossesCV=[D06-(D03+D04)]

0 3,983,962

06 Net position end of year for this institution AND all of its childinstitutions (from A18)

98,373,814 101,666,979



Part E - Scholarships and FellowshipsMost recent fiscal year ending before October 2016

DO NOT REPORT FEDERAL DIRECT STUDENT LOANS (FDSL) ANYWHERE IN THIS SECTION

LineNo.

Scholarships and Fellowships Current yearamount

Prior yearamount

01 Pell grants (federal) 7,797,798 7,947,33402 Other federal grants (Do NOT include FDSL amounts) 471,293 464,70603 Grants by state government 505,316 504,47204 Grants by local government 0 005 Institutional grants from restricted resources 702,399 603,88606 Institutional grants from unrestricted resources

CV=[E07-(E01+...+E05)] 1,130,507 887,071

07 Total revenue that funds scholarships and fellowships 10,607,313 10,407,469 Discounts and Allowances

08 Discounts and allowances applied to tuition and fees 5,879,654 5,562,73509 Discounts and allowances applied to sales and services of

auxiliary enterprises 973,888 931,993

10 Total discounts and allowancesCV=(E08+E09)

6,853,542 6,494,728

11 Net scholarships and fellowships expenses after deducting

discounts and allowancesCV= (E07-E10) This amount will be carried forward to C10 of theexpense section.

3,753,771 3,912,741



Part B - Revenues by Source (1)Most recent fiscal year ending before October 2016

Line No. Source of Funds Current year amount Prior year amount Operating Revenues

01 Tuition and fees, after deducting discounts & allowances 19,059,827 20,091,080 Grants and contracts - operating

02 Federal operating grants and contracts 1,175,626 1,004,64003 State operating grants and contracts 173,456 100,13004 Local government/private operating grants and contracts 251,522 708,092

04a Local government operating grants and contracts 0 0 04b Private operating grants and contracts 251,522 708,092

05 Sales and services of auxiliary enterprises,after deducting discounts and allowances

6,601,045 6,413,899

06 Sales and services of hospitals,after deducting patient contractual allowances

0 0

26 Sales and services of educational activities 1,823,298 1,560,24007 Independent operations 0 008 Other sources - operating

CV=[B09-(B01+ ....+B07)] 6,066,915 5,855,016

09 Total operating revenues 35,151,689 35,733,097



LineNo.

Source of funds Current yearamount

Prior yearamount

Nonoperating Revenues 10 Federal appropriations 0 011 State appropriations 21,200,445 20,402,78812 Local appropriations, education district taxes, and similar support 0 0

Grants-nonoperating 13 Federal nonoperating grants Do NOT include Federal Direct Student

Loans 7,797,798 7,949,731

14 State nonoperating grants 0 015 Local government nonoperating grants 0 016 Gifts, including contributions from affiliated organizations 849,794 616,53617 Investment income 32,961 58,66518 Other nonoperating revenues

CV=[B19-(B10+...+B17)] 0 0

19 Total nonoperating revenues 29,880,998 29,027,72027 Total operating and nonoperating revenues

CV=[B19+B09] 65,032,687 64,760,817

28 12-month Student FTE from E12 3,712 3,81429 Total operating and nonoperating revenues per student FTE

CV=[B27/B28] 17,520 16,980



Line No. Source of funds Current year amount Prior year amount

Other Revenues and Additions 20 Capital appropriations 46,045 2,466,99721 Capital grants and gifts 281 31,61222 Additions to permanent endowments 18,166 023 Other revenues and additions

CV=[B24-(B20+...+B22)] 1,485,031 1,365,364

24 Total other revenues and additionsCV=[B25-(B9+B19)]

1,549,523 3,863,973

25 Total all revenues and other additions 66,582,210 68,624,790



Part C-1 - Expenses by Functional ClassificationMost recent fiscal year ending before October 2016

Report Total Operating AND Nonoperating Expenses in this sectionLine No. Expense: Functional Classifications Total amount Prior Year

Total AmountSalaries and wages Prior Year

Salaries and wages (1) (2)

01 Instruction 24,512,206 22,354,081 12,000,536 12,261,97402 Research 192,252 242,047 85,655 103,64003 Public service 1,868,800 2,005,568 738,151 753,48805 Academic support 9,250,645 10,005,487 3,794,088 3,963,51906 Student services 11,581,429 12,215,806 4,840,630 4,986,25407 Institutional support 6,660,428 6,929,187 3,178,783 3,320,00910 Scholarships and fellowships expenses,

net of discounts and allowances(from Part E, line 11)

3,753,771 3,912,741

11 Auxiliary enterprises 7,713,303 8,364,682 840,619 848,57212 Hospital services 0 0 0 013 Independent operations 0 0 0 014 Other Functional Expenses and deductions

CV=[C19-(C01+...+C13)] 4,342,541 2,862,709 967 909

19 Total expenses and deductions 69,875,375 68,892,308 25,479,429 28,430,249


Part C-2 - Expenses by Natural ClassificationMost recent fiscal year ending before October 2016

Line No. Expense: Natural Classifications Total Amount Prior year amount

19-2 Salaries and Wages(from Part C-1,Column 2 line 19) 25,479,429 28,430,24919-3 Benefits 11,978,496 10,225,91719-4 Operation and Maintenance of Plant (as a natural expense) 5,613,462 8,219,01919-5 Depreciation 5,454,719 5,456,14919-6 Interest 1,420,844 1,793,36919-7 Other Natural Expenses and Deductions

CV=[C19-1 - (C19-2 + ... + C19-6)] 19,928,425

19-1 Total Expenses and Deductions(from Part C-1, Line 19)

69,875,375 68,892,308

20-1 12-month Student FTE (from E12 survey) 3,712 3,81421-1 Total expenses and deductions per student FTE

CV=[C19-1/C20-1] 18,824 18,063



Part M - Pension InformationMost recent fiscal year ending before October 2016

Line No. Description Current year amount Prior Year amount

01 Pension expense 1,953,991 -792,900 02 Net Pension liability 2,823,007 -2,626,883 03 Deferred inflows related to pension 6,046,768 108,851 04 Deferred outflows related to pension 14,947,128 3,528,634



Part H - Details of Endowment AssetsMost recent fiscal year ending before October 2016

LineNo.

Value of Endowment Assets MarketValue

Prior YearAmounts

Include not only endowment assets held by the institution, but any assets held byprivate foundations affiliated with the institution.

01 Value of endowment assets at the beginning of the fiscal year 5,686,526 5,550,34202 Value of endowment assets at the end of the fiscal year 6,669,891 5,686,526



Part J - Revenue Data for the Census BureauMost recent fiscal year ending before October 2016

Source and type AmountTotal for all

fundsand operations

(includesendowment

funds,but excludescomponent

units)

Education andgeneral/independent

operations

Auxiliaryenterprises

Hospitals Agricultureextension/experiment

services

(1) (2) (3) (4) (5)01Tuition and fees 24,939,481 24,939,481 02Sales and services 9,398,231 1,823,298 7,574,933 0 003Federal

grants/contracts(excludes Pell Grants)

1,176,683 1,176,683 0 0 0

Revenue from the state government:04State appropriations,

current & capital 21,200,445 21,200,445 0 0 0

05State grants andcontracts

173,456 173,456 0 0 0

Revenue from local governments:06Local appropriation,

current & capital 0 0 0 0 0

07Local governmentgrants/contracts

0 0 0 0 0

08Receipts from propertyand non-property taxes

0

09Gifts and privategrants,NOT including capitalgrants

1,103,994

10Interest earnings 59,380 11Dividend earnings 19,069 12Realized capital gains 28,070 You may use the space below to provide context for the data you've reported above.


Part K - Expenditure Data for the Census BureauMost recent fiscal year ending before October 2016

Category Total for all funds and operations (includesendowment funds,

but excludes componentunits)

Education andgeneral/

independentoperations

Auxiliaryenterprises

Hospitals Agricultureextension/experiment

services

(1) (2) (3) (4) (5)02Employee benefits, total 12,930,181 12,603,411 326,770 003Payment to state retirement funds

(maybe included in line 02 above) 1,995,547 1,919,361 76,186 0 0

04Current expenditures includingsalaries

14,505,930 10,501,393 4,004,537 0 0

Capital outlays 05Construction 2,659,066 2,654,211 4,855 0 006Equipment purchases 364,772 364,772 0 0 007Land purchases 0 0 0 0 008Interest on debt outstanding, all

funds and activities 1,420,844



Part L - Debt and Assets for Census Bureau, page 1Most recent fiscal year ending before October 2016

DebtCategory Amount01 Long-term debt outstanding at beginning of fiscal year 45,452,51402 Long-term debt issued during fiscal year 2,718,37103 Long-term debt retired during fiscal year 2,340,59804 Long-term debt outstanding at end of fiscal year 45,830,28705 Short-term debt outstanding at beginning of fiscal year 006 Short-term debt outstanding at end of fiscal year 0



Part L - Debt and Assets for Census Bureau, page 2Most recent fiscal year ending before October 2016

AssetsCategory Amount07 Total cash and security assets held at end of fiscal year in sinking or debt service funds 008 Total cash and security assets held at end of fiscal year in bond funds 009 Total cash and security assets held at end of fiscal year in all other funds 20,436,150 You may use the space below to provide context for the data you've reported above.


Prepared by This survey component was prepared by: Keyholder SFA Contact HR Contact

Finance Contact Academic Library Contact Other

Name: Email: How long did it take to prepare thissurvey component?

hours minutes

The name of the preparer is being collected so that we can follow up with the appropriate person in the event that thereare questions concerning the data. The Keyholder will be copied on all email correspondence to other preparers.The time it took to prepare this component is being collected so that we can continue to improve our estimate of thereporting burden associated with IPEDS. Please include in your estimate the time it took for you to review instructions,query and search data sources, complete and review the component, and submit the data through the Data CollectionSystem.Thank you for your assistance.

Institution: University of Wisconsin-Parkside (240374) User ID: 55C0011Summary

Finance Survey Summary

IPEDS collects important information regarding your institution. All data reported in IPEDSsurvey components become available in the IPEDS Data Center and appear as aggregated datain various Department of Education reports. Additionally, some of the reported data appearsspecifically for your institution through the College Navigator website and is included in yourinstitution’s Data Feedback Report (DFR). The purpose of this summary is to provide you anopportunity to view some of the data that, when accepted through the IPEDS quality controlprocess, will appear on the College Navigator website and/or your DFR. College Navigator isupdated approximately three months after the data collection period closes and Data FeedbackReports will be available through the Data Center and sent to your institution’s CEO inNovember 2016.

Please review your data for accuracy. If you have questions about the data displayed belowafter reviewing the data reported on the survey screens, please contact the IPEDS Help Desk at:1-877-225-2568 or [email protected].

Core Revenues

Revenue Source Reported values Percent of total corerevenues

Core revenues per FTEenrollment

Tuition and fees $19,059,827 32% $5,135

State appropriations $21,200,445 35% $5,711

Local appropriations $0 0% $0

Government grants and contracts $9,146,880 15% $2,464

Private gifts, grants, and contracts $1,101,316 2% $297

Investment income $32,961 0% $9

Other core revenues $9,439,736 16% $2,543

Total core revenues $59,981,165 100% $16,159

Total revenues $66,582,210 $17,937

Other core revenues include federal appropriations; sales and services of educational activities; other operating andnonoperating sources; and other revenues and additions (e.g., capital appropriations, capital grants and gifts, etc.). Corerevenues exclude revenues from auxiliary enterprises (e.g., bookstores, dormitories), hospitals, and independent operations.For institutions reporting in Full parent/child relationships, core revenues per FTE enrollment amounts will not be allocated tochild institutions.

Core Expenses

Expense function Reported values Percent of total coreexpenses

Core expenses per FTEenrollment

Instruction $24,512,206 39% $6,604

Research $192,252 0% $52

Public service $1,868,800 3% $503

Academic support $9,250,645 15% $2,492

Institutional support $6,660,428 11% $1,794

Student services $11,581,429 19% $3,120

Other core expenses $8,096,312 13% $2,181

Total core expenses $62,162,072 100% $16,746

Total expenses $69,875,375 $18,824

Other core expenses include scholarships and fellowships, net of discounts and allowances, and other expenses. Core expensesexclude expenses from auxiliary enterprises (e.g., bookstores, dormitories), hospitals, and independent operations. Forinstitutions reporting in Full parent/child relationships, core expenses per FTE enrollment amounts will not be allocated to childinstitutions.

Calculated value

http://nces.ed.gov/ipeds/datacenter/

FTE enrollment 3,712

The full-time equivalent (FTE) enrollment used in this report is the sum of the institution’s FTE undergraduate enrollment andFTE 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.

Institution: University of Wisconsin-Parkside (240374) User ID: 55C0011Edit Report

Finance

University of Wisconsin-Parkside (240374)

Source Description Severity Resolved OptionsScreen: Changes to Net Position

ScreenEntry

The calculated amount of change in net positionduring the year in Part D (line 03) is expected to begreater than zero. Please confirm that the datareported are correct. (Error #5202)

Confirmation Yes

Screen: PensionUpload

FileThe value is outside the expected range. Pleasecorrect your data or contact the IPEDS Help Desk forassistance. (Error #5275)

Fatal Yes

Reason: Overridden by administrator. Data are correct and based on institution's proportionate share. SSDUpload


Fatal Yes

Reason: Overridden by administrator. Data are correct and based on institution's proportionate share. SSDUpload


Fatal Yes

Reason: Overridden by administrator. Data are correct and based on institution's proportionate share. SSD

finance 2016-17 institution: university of wisconsin …cv=(e08+e09) 6,853,542 6,494,728 11 net...

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