IPEDS Reporting Year Finance 2005-06 (2004-05 Data)

 

Institution: University of Missouri-Columbia (178396)	User ID: 29C0011
Finance - Public institutions
Reporting Standard   Please indicate which reporting standards are used to prepare your financial statements:            GASB (Governmental Accounting Standard Board), using standards of GASB 34 & 35      FASB (Financial Accounting Standard 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 Missouri-Columbia (178396)	User ID: 29C0011
Finance - Public institutions
General Information Finance - Public Institutions   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, 2005.)   Beginning: month/year (MMYYYY)   Month:  7   Year:  2004   And ending: month/year (MMYYYY)   Month:  6   Year:  2005   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.)          Yes   No   Don't know                   3. 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. 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 caveats box below)                   5. 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.         0   Number of component unit columns on GPFS using FASB standards     0   Number of component unit columns on GPFS using GASB standards   System or Governing Board (please see instructions about reporting System data)   Please select the applicable option below:         This Finance Survey form is for an institution that is NOT part of a system         This Finance Survey form is for an institution that is part of a system      Name of the system is:  UNIVERSITY OF MISSOURI SYSTEM         This Finance Survey form is for a system (or governing board) office   Caveats:

 

Institution: University of Missouri-Columbia (178396)	User ID: 29C0011
Part A - Statement of Net Assets
Fiscal Year 2005      Report in whole dollars only      Line no.      Current year amount   Prior year amount      Current Assets          01   Total Current Assets  395,023,768  336,254,819         Noncurrent Assets          02   Capital assets - depreciable (gross)  1,874,077,598  1,768,234,193   03   Accumulated depreciation (enter as a positive amount)  682,996,773  591,250,612   04   Other noncurrent assets (CV) CV=[A05-(A02-A03)]  811,782,104  822,383,037   05   Total noncurrent assets  2,002,862,929  1,999,366,618      06   Total assets (CV) CV=(A01+A05)  2,397,886,697  2,335,621,437         Current Liabilities          07   Long-term debt, current portion  10,211,127  8,926,350   08   Other current liabilities (CV) CV=(A09-A07)  277,744,362  264,731,858   09   Total current liabilities  287,955,489  273,658,208         Noncurrent Liabilities          10   Long-term debt  407,124,694  417,483,004   11   Other noncurrent liabilities (CV) CV=(A12-A10)  12,687,499  12,848,004   12   Total noncurrent liabilities  419,812,193  430,331,008      13   Total liabilities (CV) CV=(A09+A12)  707,767,682  703,989,216         Net Assets          14   Invested in capital assets, net of related debt  768,804,076  764,089,069   15   Restricted-expendable  188,484,641  203,951,221   16   Restricted-nonexpendable  335,046,784  301,551,441   17   Unrestricted (CV) CV=[A18-(A14+A15+A16)]  397,783,514  362,040,490   18   Total Net assets (CV) CV=(A06-A13)  1,690,119,015  1,631,632,221         CV= Calculated Value      CAVEATS

 

Institution: University of Missouri-Columbia (178396)	User ID: 29C0011
Part A - Plant, Property, and Equipment
Fiscal Year 2005      Report in whole dollars only                  Line No.   Description   Beginning balance   Additions   Retirements (CV)   Ending balance      Plant,Property, and Equipment                  21   Land & land improvements  26,691,787  148,239  0  26,840,026   22   Infrastructure  127,562,602  9,434,169  0  136,996,771   23   Buildings  1,051,617,477  133,492,130  0  1,185,109,607   24   Equipment  288,060,890  54,443,985  28,776,442  313,728,433   25   Art and library collections  110,774,693  4,861,893  0  115,636,586   26   Property obtained under capital leases (if not included in equipment)  0  0  0  0   27   Construction in progress  166,903,313  4,267,127  75,404,265  95,766,175   28   Accumulated depreciation  653,146,490  67,339,630  37,489,347  682,996,773         CV = (Beginning Balance + Additions - Ending Balance)            CAVEATS

 

Institution: University of Missouri-Columbia (178396)	User ID: 29C0011
Part B - Revenues and Other Additions
Fiscal Year 2005      Report in whole dollars only            Line No.   Source of Funds   Current year amount   Prior year amount      Operating Revenues         01   Tuition & fees, after deducting discounts & allowances  173,592,567  151,138,450      Grants and contracts - operating         02   Federal operating grants and contracts  127,518,247  105,652,159   03   State operating grants and contracts  28,553,504  16,323,196   04   Local/private operating grants and contracts  31,420,831  26,737,316   05   Sales & services of auxiliary enterprises, after deducting discounts & allowances  242,954,535  222,481,659   06   Sales & services of hospitals, after deducting patient contractual allowances  479,731,956  409,556,947   07   Independent operations  0  0   08   Other sources - operating (CV) CV=[B09-(B01+ ....+B07)]  66,546,099  64,651,594   09   Total operating revenues  1,150,317,739  996,541,321

 

Institution: University of Missouri-Columbia (178396)	User ID: 29C0011
Part B - Revenues and Other Additions
Fiscal Year 2005      Report in whole dollars only             Line No.   Source of funds   Current year amount   Prior year amount      Nonoperating Revenues         10   Federal appropriations  15,776,010  6,758,848   11   State appropriations  222,854,828  202,417,123   12   Local appropriations, education district taxes, & similar support  0  0      Grants-nonoperating         13   Federal nonoperating grants  0  0   14   State nonoperating grants  0  0   15   Local nonoperating grants  0  0   16   Gifts, including contributions from affiliated organizations  48,079,890  30,339,658   17   Investment income  44,422,593  59,496,873   18   Other nonoperating revenues (CV) CV=[B19-(B10+...+B17)]  0  4,186,716   19   Total nonoperating revenues  331,133,321  303,199,218

 

Institution: University of Missouri-Columbia (178396)	User ID: 29C0011
Part B - Revenues and Other Additions
Fiscal Year 2005      Report in whole dollars only            Line No.   Resource of funds   Current year amount   Prior year amount      Other Revenues and Additions           20   Capital appropriations  668,445  52,439,681   21   Capital grants & gifts  7,438,015  44,270,733   22   Additions to permanent endowments  16,736,014  11,853,224   23   Other revenues & additions (CV) CV=[B24-(B20+...+B22)]  0  0   24   Total other revenues and additions  24,842,474  108,563,638      25   Total all revenues and other additions (CV) CV=(B09+B19+B24)  1,506,293,534  1,408,304,177      CV = Calculated Value      CAVEATS

 

Institution: University of Missouri-Columbia (178396)	User ID: 29C0011
Part C - Expenses and Other Deductions
Fiscal Year 2005      Report in whole dollars only                                                       1   2   3   4   5   Line No.   Description   Current year total   Salaries & wages   Employee fringe benefits   Depreciation   All other                           Operating Expenses      01   Instruction  193,409,259  146,732,266  32,602,289  0  14,074,704   02   Research  142,518,623  72,019,078  15,043,510  0  55,456,035   03   Public service  84,770,674  47,883,273  11,656,162  0  25,231,239   05   Academic support  52,719,353  36,472,167  8,780,015  0  7,467,171   06   Student services  28,588,043  17,013,699  4,047,680  0  7,526,664   07   Institutional support  43,600,015  34,980,627  8,619,388  0  0   08   Operation & maintenance of plant  39,261,929  15,143,798  3,905,504  0  20,212,627   09   Depreciation  67,339,630        67,339,630     10   Scholarships and fellowships expenses, excluding discounts & allowances (do not include work study here)  15,777,000     15,777,000   11   Auxiliary enterprises  662,506,434  281,082,906  67,322,823  0  314,100,705   12   Hospital services  0  0  0  0  0   13   Independent operations  0  0  0  0  0   14   Other expenses & deductions (CV) CV=[C15-(C01+...+C13)]  0  0  0  0  0   15   Total operating expenses  1,330,490,960  651,327,814  151,977,371  67,339,630  459,846,145       Prior year amount  1,164,847,271  580,390,072  137,407,232  55,609,394  391,440,573

 

Institution: University of Missouri-Columbia (178396)	User ID: 29C0011
Part C - Expenses and Other Deductions
Fiscal Year 2005      Report in whole dollars only                                                       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  18,714,321           18,714,321   17   Other nonoperating expenses & deductions (CV) CV=(C18-C16)  8,598,442  0  0  0  8,598,442   18   Total nonoperating expenses & deductions (CV) CV=(C19-C15)  27,312,763  0  0  0  27,312,763      19   Total expenses & deductions  1,357,803,723  651,327,814  151,977,371  67,339,630  487,158,908       Prior year amount  1,183,806,953  580,390,072  137,407,232  55,609,394  410,400,255      CV = Calculated Value      CAVEATS

 

Institution: University of Missouri-Columbia (178396)	User ID: 29C0011
Part D - Summary of Changes In Net Assets
Fiscal Year 2005      Line No.   Description   Current year amount   Prior year amount   01   Total revenues & other additions (from B25)  1,506,293,534  1,408,304,177      02   Total expenses & deductions (from C19)  1,357,803,723  1,183,806,953      03   Increase in net assets during year (CV) CV=(D01-D02)  148,489,811  224,497,224   04   Net assets beginning of year  1,541,629,204  1,407,134,996   05   Adjustments to beginning net assets (CV) CV=[D06-(D03+D04)]  0  1   06   Net assets end of year (from A18)  1,690,119,015  1,631,632,221      CV = Calculated Value      CAVEATS

 

Institution: University of Missouri-Columbia (178396)	User ID: 29C0011
Part E - Scholarships and Fellowships
Part E - Scholarships and Fellowships Fiscal Year 2005      Report in whole dollars only            Line No.   Source   Current year amount   Prior year amount      Institutional Expenses and Discounts & Allowances            Gross Scholarships and Fellowships (no loans included)         01   Pell grants (federal)  8,359,288  8,211,809   02   Other federal grants  4,183,635  4,013,959   03   Grants by state government  8,524,906  9,397,342   04   Grants by local government  0  0   05   Institutional grants from restricted resources  15,350,919  14,204,107   06   Institutional grants from unrestricted resources (CV) CV=[E07-(E01+...+E05)]  46,358,232  37,611,074   07   Total gross scholarships and fellowships  82,776,980  73,438,291         Discounts and Allowances         08   Discounts & allowances applied to tuition & fees  58,821,294  56,435,069   09   Discounts & allowances applied to sales & services of auxiliary enterprises (CV) CV= (E10-E08)  8,178,686  3,711,222   10   Total Discounts & Allowances (CV) CV=(E07-E11)  66,999,980  60,146,291      11   Net scholarships and fellowships expenses after deducting discount & allowances (from C10)  15,777,000  13,292,000      CV = Calculated Value      CAVEATS

 

Institution: University of Missouri-Columbia (178396)	User ID: 29C0011
Part H - Details of Endowment Assets
Fiscal Year 2005 Report in whole dollars only   Line No.   Value of Endowment Assets   Market Value   Prior Year Amounts                  01   Value of endowment assets at the beginning of the fiscal year  440,800,978  379,173,827   02   Value of endowment assets at the end of the fiscal year  507,885,811  438,870,064

 

Institution: University of Missouri-Columbia (178396)	User ID: 29C0011
Part J - Revenue Data for Bureau of Census
Part J - Revenues (Census Bureau) Fiscal Year 2005    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  232,413,861  232,413,861            02   Sales and services  744,511,019  13,633,996  251,133,221  479,731,956  11,846   03   Federal grants/contracts (excludes Pell Grants)  127,518,247  126,254,657  0  0  1,263,590      Revenue from the state government:   04   State appropriations, current & capital  223,523,273  184,231,145  0  21,144,910  18,147,218   05   State grants and contracts  28,553,504  22,816,305  0  0  5,737,199      Revenue from local governments:   06   Local appropriation, current & capital  0  0  0  0  0   07   Local government grants/contracts  0  0  0  0  0   08   Receipts from property and non-property taxes  0       09   Gifts and private grants, including capital grants  103,674,750       10   Interest earnings  22,768,758       11   Dividend earnings  0       12   Realized capital gains  23,545,871          CAVEATS

 

Institution: University of Missouri-Columbia (178396)	User ID: 29C0011
Part K - Expenditure Data for Bureau of Census
Part K - Expenditures Fiscal Year 2005   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  651,327,815  349,702,206  281,082,906  0  20,542,703   02   Employee benefits, total  151,977,373  79,452,246  67,322,823  0  5,202,304   03   Payment to state retirement funds (maybe included in line 02 above)  0  0  0  0  0   04   Current expenditures other than salaries  438,528,685  119,587,286  314,100,705  0  4,840,694      Capital outlay:      05   Construction  70,730,371  70,730,371  0  0  0   06   Equipment purchases  89,624,842  54,240,751  0  35,352,459  31,632   07   Land purchases  148,239  148,239  0  0  0   08   Interest on debt outstanding, all funds & activities  18,714,321       09   Scholarships/fellowships  82,776,980  82,776,980          CAVEATS

 

Institution: University of Missouri-Columbia (178396)	User ID: 29C0011
Part L - Debt and Assets, page 1
Part L - Debt and Assets Fiscal Year 2005    Debt   Category   Amount   01   Long-term debt outstanding at beginning of fiscal year  417,483,004   02   Long-term debt issued during fiscal year  0   03   Long-term debt retired during fiscal year  10,358,311   04   Long-term debt outstanding at end of fiscal year  407,124,693   05   Short-term debt outstanding at beginning of fiscal year  8,926,350   06   Short-term debt outstanding at end of fiscal year  10,211,127      CAVEATS

 

Institution: University of Missouri-Columbia (178396)	User ID: 29C0011
Part L - Debt and Assets, page 2
Part L - Debt and Assets (page 2) Fiscal Year 2005   Assets   Category   Amount   07   Total cash and security assets held at end of fiscal year in sinking or debt service funds  4,067,076   08   Total cash and security assets held at end of fiscal year in bond funds  1,162,677   09   Total cash and security assets held at end of fiscal year in all other funds  937,340,372      CAVEATS

 

Institution: University of Missouri-Columbia (178396)	User ID: 29C0011
Explanation Report
Number Source Location Description Severity Accepted Global Edits 1 Perform Edits   Depreciation expense is expected to be greater than or equal to the accumulated depreciation minus prior years accumulated depreciation in Part A. Please fix or explain. Explanation Yes Reason: In 2005 items were discovered that required we restate certain balances in the prior year. The 2004 numbers shown are as they were reported in 2004 and do not reflect the restatement.