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Institution: University
of Missouri-Systems Office (178439)
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User ID: 29C0011
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1
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Row: 22
Col: 3 |
Screen Entry |
This number is
expected to be
greater than zero
since most
institutions award
Pell grants which
should be reported
as Federal
nonoperating grants.
Please explain.
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Explanation |
Yes |
Reason: |
UM System being an
administrative Unit
does not receive any
Federal
Non-Operating
Grants. |
2
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Row: 37
Col: 3 |
Perform Edits |
The number entered,
149,632,109, has an
expected range of
between 12,267,088
and 36,801,264 based
on last year's
amount. Please
explain this
difference. |
Explanation |
Yes |
Reason: |
The change is
related to the
turnaround of
investment income
which was went from
a $61 million loss
in FY 2009 to a $58
million gain in
2010. |
3
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Row: 26
Col: 5 |
Screen Entry |
The number entered,
14,013,796, has an
expected range of
between 14,747,623
and 44,242,867 based
on last year's
amount. Please
explain this
difference. |
Explanation |
Yes |
Reason: |
The University
charges employee
benefit costs as a
flat rate to
departments. The
flat rate
accumulates at
U-Wide (which rolls
into the IPEDS
Umsystem report),
and actual benefit
costs are paid out
of Uwide. At year
end if there is an
excess, this amount
has to reduce
benefit expense for
the University and
is booked at U-Wide.
Over the past few
years the excess
charged to the
campuses has been
growing, causing a
reduction in benefit
expense at U-Wide
(and the UM System
Administration IPEDS
Report). |
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