Finance 2010-11
Institution: University of Wisconsin-Platteville (240462)
User ID: 55A0011

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.

Institution: University of Wisconsin-Platteville (240462)
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-Platteville (240462)
User ID: 55A0011

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, 2010.)
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.)
    UnqualifiedQualified
(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.

Institution: University of Wisconsin-Platteville (240462)
User ID: 55A0011

Part A - Statement of Net Assets
 
Line no. Current year amountPrior year amount
 Current Assets  
01Total current assets 29,662,727
 
 Noncurrent Assets  
31Depreciable capital assets, net of depreciation 153,007,007
04Other noncurrent assets
CV=[A05-A31]
8,288,773 7,933,772
05Total noncurrent assets 160,940,779
 
06Total assets
CV=(A01+A05)
199,882,639 190,603,506
 
 Current Liabilities  
07Long-term debt, current portion 2,941,426
08Other current liabilities
CV=(A09-A07)
8,217,792 7,479,904
09Total current liabilities 10,421,330
 
 Noncurrent Liabilities  
10Long-term debt 62,055,468
11Other noncurrent liabilities
CV=(A12-A10)
837,110 828,746
12Total noncurrent liabilities 62,884,214
 
13Total liabilities
CV=(A09+A12)
77,047,508 73,305,544
 
 Net Assets  
14Invested in capital assets, net of related debt 88,010,113
15Restricted-expendable 17,748,289
16Restricted-nonexpendable 684,657
17Unrestricted
CV=[A18-(A14+A15+A16)]
20,295,673 10,854,903
18Total net assets
CV=(A06-A13)
122,835,131 117,297,962
 
You may use the space below to provide context for the data you've reported above.
 

Institution: University of Wisconsin-Platteville (240462)
User ID: 55A0011

Part A - Statement of Net Assets (Page 2)
 
Line No.DescriptionEnding balancePrior year
Ending balance
 Capital Assets  
 
21Land & land improvements2,982,955
22Infrastructure13,986,320
23Buildings180,105,425
32Equipment, including art and library collections33,435,285
27Construction in progress1,452,180
Total for Plant, Property and Equipment
CV
= (A21+ .. A27)
240,514,686231,962,165
28Accumulated depreciation78,955,159
33Intangible assets, net of accumulated amortization
34Other capital assets
 
 
You may use the space below to provide context for the data you've reported above.
 

Institution: University of Wisconsin-Platteville (240462)
User ID: 55A0011

Part B - Revenues and Other Additions
 
Line No.Source of FundsCurrent year amountPrior year amount
 Operating Revenues  
01Tuition & fees, after deducting discounts & allowances36,917,315
 Grants and contracts - operating  
02Federal operating grants and contracts1,896,519
03State operating grants and contracts267,004
04Local government/private operating grants and contracts1,0003,789,717
04aLocal government operating grants and contracts
04bPrivate operating grants and contracts
05Sales & services of auxiliary enterprises,
after deducting discounts & allowances
14,706,513
06Sales & services of hospitals,
after deducting patient contractual allowances
0
26Sales & services of educational activities
07Independent operations0
08Other sources - operating
CV=[B09-(B01+ ....+B07)]
5,168,15414,973,683
09Total operating revenues72,550,751
 
 

Institution: University of Wisconsin-Platteville (240462)
User ID: 55A0011

Part B - Revenues and Other Additions
 
Line No.Source of fundsCurrent year amountPrior year amount
 Nonoperating Revenues  
10Federal appropriations0
11State appropriations24,140,532
12Local appropriations, education district taxes, & similar support0
 Grants-nonoperating  
13Federal nonoperating grants4,984,441
14State nonoperating grants0
15Local government nonoperating grants0
16Gifts, including contributions from affiliated organizations 0
17Investment income-257,118
18Other nonoperating revenues
CV=[B19-(B10+...+B17)]
3,5190
19Total nonoperating revenues28,867,855
27Total operating and nonoperating revenues CV=[B19+B09]95,594,660101,418,606
2812-month Student FTE from E12
CV
=[B28a+B28b]
6,916
28aUndergraduates6,539
28bGraduates377
29Total operating and nonoperating revenues per student FTE CV=[B27/B28]13,822
 
 

Institution: University of Wisconsin-Platteville (240462)
User ID: 55A0011

Part B - Revenues and Other Additions
 
Line No.Source of fundsCurrent year amountPrior year amount
 Other Revenues and Additions  
20Capital appropriations4,941,107
21Capital grants & gifts152,155
22Additions to permanent endowments 0
23Other revenues & additions
CV=[B24-(B20+...+B22)]
6,347,9473,395,477
24Total other revenues and additions8,488,739
 
25Total all revenues and other additions
CV=[B09+B19+B24]
107,499,434109,907,345
 
You may use the space below to provide context for the data you've reported above.
 

Institution: University of Wisconsin-Platteville (240462)
User ID: 55A0011

Part C - Expenses and Other Deductions
  12345678
Line No.DescriptionTotal amountSalaries & wagesEmployee fringe benefitsOperation and maintenance of plantDepreciationInterestAll other                    PY Total
Amount
 Expenses and Deductions 
01Instruction 4,443,58132,917,467
02Research184,262558,403
03Public service1,271,4702,432,439
05Academic support4,016,40410,715,260
06Student services3,480,08110,983,936
07Institutional support763,9315,790,588
08Operation & maintenance
of plant
(see instructions)
03,749,2668,989,172
10Scholarships and fellowships
expenses
, excluding discounts & allowances
 3,736,5092,683,160
11Auxiliary enterprises6,585,96913,180,982
12Hospital services00
13Independent operations00
14Other expenses
& deductions
CV=[C19-(C01+...+C13)]
5,416,05331,1492,4180339,65905,042,82727,895
19Total expenses & deductions033,274,30099,981,013
 Prior year amount99,981,01344,553,09914,431,9035,502,450 35,493,561
2012-month Student FTE from E12
CV
=[C20a+C20b]
6,916
20aUndergraduates6,539
20bGraduates377
21Total expenses and deductions per student FTE CV=[C19/C20]14,743
 
You may use the space below to provide context for the data you've reported above.
 

Institution: University of Wisconsin-Platteville (240462)
User ID: 55A0011

Part D - Summary of Changes In Net Assets
 
Line No.DescriptionCurrent year amountPrior year amount
01Total revenues & other additions (from B25)107,499,434109,907,345
 
02Total expenses & deductions (from C19)101,962,26599,981,013
 
03Change in net assets during year
CV=(D01-D02)
5,537,1699,926,332
04Net assets beginning of year107,371,630
05Adjustments to beginning net assets and other gains or losses
CV=[D06-(D03+D04)]
00
06Net assets end of year (from A18)122,835,131117,297,962
 
You may use the space below to provide context for the data you've reported above.
 

Institution: University of Wisconsin-Platteville (240462)
User ID: 55A0011

Part E - Scholarships and Fellowships
   
Line No.SourceCurrent year amountPrior year amount
01Pell grants (federal) 4,984,441
02Other federal grants771,543
03Grants by state government258,173
04Grants by local government0
05Institutional grants from restricted resources243,967
06Institutional grants from unrestricted resources
CV=[E07-(E01+...+E05)]
856,486709,800
07Total gross scholarships and fellowships6,967,924
 
 Discounts and Allowances  
08Discounts & allowances applied to tuition & fees2,783,154
09Discounts & allowances applied to sales & services of
auxiliary enterprises
CV= (E10-E08)
2,107,3841,501,610
10Total discounts & allowances
CV=(E07-E11)
6,204,4044,284,764
 
11Net scholarships and fellowships expenses after deducting
discount & allowances (from C10)
3,736,5092,683,160
 
You may use the space below to provide context for the data you've reported above.
 

Institution: University of Wisconsin-Platteville (240462)
User ID: 55A0011

Part H - Details of Endowment Assets
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  14,126,200
02Value of endowment assets at the end of the fiscal year  10,671,617
 
You may use the space below to provide context for the data you've reported above.
 

Institution: University of Wisconsin-Platteville (240462)
User ID: 55A0011

Part J - Revenue Data for Bureau of Census
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 fees43,444,05543,444,055   
02Sales and services25,011,74618,059,7560
03Federal grants/contracts (excludes Pell Grants)2,486,632
 Revenue from the state government:
04State appropriations, current & capital17,704,573
05State grants and contracts126,353
 Revenue from local governments:
06Local appropriation, current & capital0
07Local government grants/contracts1,000
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-Platteville (240462)
User ID: 55A0011

Part K - Expenditure Data for Bureau of Census
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 wages44,687,8764,553,9770
02Employee benefits, total15,374,6721,498,7960
03Payment to state retirement funds (maybe included in line 02 above)1,847,207
04Current expenditures other than salaries24,577,476
 Capital outlay: 
05Construction7,389,023
06Equipment purchases995,015
07Land purchases408,228
08Interest on debt outstanding, all funds & activities 
09Scholarships/fellowships9,940,9139,940,913 
 
You may use the space below to provide context for the data you've reported above.
 

Institution: University of Wisconsin-Platteville (240462)
User ID: 55A0011

Part L - Debt and Assets, page 1

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

Institution: University of Wisconsin-Platteville (240462)
User ID: 55A0011

Part L - Debt and Assets, page 2
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-Platteville (240462) User ID: 55A0011
Summary
Finance Survey Summary

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 2011.

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 $39,347,035 43% $5,689
Government appropriations $17,704,573 19% $2,560
Government grants and contracts $10,094,601 11% $1,460
Private gifts, grants, and contracts $0 0% $0
Investment income $372,416 0% $54
Other core revenues $24,028,437 26% $3,474
Total core revenues $91,547,062 100% $13,237
 
Total revenues $107,499,434   $15,544
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 $38,349,495 45% $5,545
Research $689,867 1% $100
Public service $3,296,126 4% $477
Academic support $13,254,353 15% $1,916
Institutional support $6,972,437 8% $1,008
Student services $14,184,250 17% $2,051
Other core expenses $9,152,562 11% $1,323
Total core expenses $85,899,090 100% $12,420
 
Total expenses $101,962,265   $14,743
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 6,916
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.





Institution:  University of Wisconsin-Platteville (240462) User ID:  55A0011
Explanation Report
Number Source Location Description Severity Accepted
Screen: Part B - Revenues and Other Additions
1 Row: 33
Col: 3
Upload File This number should not be zero or blank. Please explain. Explanation Yes
Reason: There were no additions to UW Platteville's permanent endowment in FY 2010