IPEDS Reporting Year Finance 2018-19 (2017-18
Data)

Institution:

University
of
Missouri-System

Office
(178439)

User

ID:
29C0011

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.

There
are

a
few

minor

additions
to

the
2018-19

collection.

•
For

GASB

institutions,
guidance

has

been
added

to

Part

D
and

Part
C

to

accommodate

implementation
of

GASB

Statements

74/75.
Please

carefully

review

FAQ
#21

and

the
specified

parts'

instructions.

•

For
FASB

not-for-profit

institutions,

a

crosswalk

has
been

developed

to
provide

guidance

for

FASB
Accounting

Standard

Update

2016-14,

Not-for-profit
Entities

(Topic

950):

Presentation
of

Financial

Statements
of

Not-for-profit

Entities.

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
(877)

225-2568.

Institution:

University
of
Missouri-System

Office
(178439)

User

ID:
29C0011

Finance

-
Public
Institutions'
Reporting

Standard

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
Missouri-System

Office
(178439)

User

ID:
29C0011

Finance

-
Public
Institutions
Using

GASB
Standards

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,

2018.)

Beginning:

month/year
(MMYYYY)

Month:

7

Year:

2017

And
ending:

month/year

(MMYYYY)

Month:

6

Year:

2018

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

OR
in

progress

(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
?

No

Yes
-

(report

endowment

assets)

6.

Pension

Does
your

institution

include
pension

liabilities,
expenses,

and/or

deferrals
for

one
or

more

defined
benefit

pension
plans

in
its

General

Purpose
Financial

Statements?

No

Yes

You

may
use

the
space

below
to

provide

context
for

the
data

you've
reported

above.

Institution:

University
of
Missouri-System

Office
(178439)

User

ID:
29C0011

Part

A
-
Statement
of
Net

Position
Page
1

Fiscal

Year:
July

1,
2017

-
June

30,

2018
If

your
institution

is
a

parent
institution

then

the
amounts

reported
in

Parts
A

and
D

should

include
ALL

of
your

child

institutions

Line
no.

Current
year

amount

Prior
year

amount

Assets

01

Total
current

assets

1,370,803,874

1,182,470,566

31

Depreciable
capital

assets,
net

of

depreciation

24,977,910

28,569,001

04

Other
noncurrent

assets
CV=[A05-A31]

1,607,769,429

1,697,139,515

05

Total
noncurrent

assets

1,632,747,339

1,725,708,516

06

Total
assets

CV=(A01+A05)

3,003,551,213

2,908,179,082

19

Deferred

outflows

of

resources

278,489,572

137,101,970

Liabilities

07

Long-term

debt,

current

portion

37,212,475

44,315,168

08

Other
current

liabilities

CV=(A09-A07)

2,268,461,622

2,158,083,778

09

Total
current

liabilities

2,305,674,097

2,202,398,946

10

Long-term

debt

0

28,506,740

11

Other
noncurrent

liabilities

CV=(A12-A10)

1,200,968,323

745,316,234

12

Total
noncurrent

liabilities

1,200,968,323

773,822,974

13

Total

liabilities

CV=(A09+A12)

3,506,642,420

2,976,221,920

20

Deferred

inflows

of

resources

70,125,832

44,857,229

Net

Position

14

Invested

in

capital
assets,

net
of

related

debt

-43,154,874

-45,123,474

15

Restricted-expendable

-432,595

10,499,642

16

Restricted-nonexpendable

63,458,073

59,784,960

17

Unrestricted

CV=[A18-(A14+A15+A16)]

-314,598,071

-959,225

18

Net

position

CV=[(A06+A19)-(A13+A20)]

-294,727,467

24,201,903

You

may
use

the
space

below
to

provide

context
for

the
data

you've
reported

above.

Institution:

University
of
Missouri-System

Office
(178439)

User

ID:
29C0011

Part

A
-
Statement
of
Net

Position
Page
2

Fiscal

Year:
July

1,
2017

-
June

30,

2018

Line
No.

Description

Ending
balance

Prior
year

Ending

balance

Capital

Assets

21

Land

and

land

improvements

3,840,896

3,840,896

22

Infrastructure

121,051,283

1,360,135

23

Buildings

21,493,515

21,493,515

32

Equipment,

including
art

and
library

collections

80,276,169

81,633,881

27

Construction

in

progress

0

0

Total
for

Plant,

Property
and

Equipment

CV

=

(A21+
..

A27)

226,661,863

108,328,427

28

Accumulated

depreciation

114,290,431

91,116,423

33

Intangible
assets,

net

of
accumulated

amortization

0

0

34

Other
capital

assets

11,844,498

11,356,998

You

may
use

the
space

below
to

provide

context
for

the
data

you've
reported

above.

Institution:

University
of
Missouri-System

Office
(178439)

User

ID:
29C0011

Part

D
-
Summary
of
Changes

In
Net
Position

Fiscal

Year:
July

1,
2017

-
June

30,

2018
If

your
institution

is
a

parent
institution

then

the
amounts

reported
in

Parts
A

and
D

should

include
ALL

of
your

child

institutions

Line
No.

Description

Current
year

amount

Prior
year

amount

01

Total
revenues

and

other
additions

for
this

institution

AND
all

of
its

child
institutions

122,029,208

174,985,733

02

Total
expenses

and

deductions
for

this
institution

AND

all
of

its
child

institutions

97,418,213

100,554,448

03

Change
in

net

position
during

year
CV=(D01-D02)

24,610,995

74,431,285

04

Net

position

beginning
of

year
for

this

institution
AND

all
of

its
child

institutions

24,201,903

-50,229,384

05

Adjustments

to
beginning

net

position
and

other
gains

or
losses

CV=[D06-(D03+D04)]

-343,540,365

2

06

Net
position

end

of
year

for
this

institution

AND
all

of
its

child
institutions

(from

A18)

-294,727,467

24,201,903

The

notes
below

provide
context

for
the

data

reported
above

and
should

reflect
whether

the

institution
was

impacted
by

implementation

of
GASB

74/75
-

Reporting
for

Postemployment

Benefits
Other

than
Pension

(OPEB).

•
Institutions

NOT

impacted
by

GASB

74/75
(e.g.,

cases

where

the
system

office

or
another

entity

absorbs

all
the

OPEB

liabilities/assets
for

the

campuses)

should
select

option

(1)

"Non-applicable..."

from
the

dropdown

menu
and

enter

any

additional
comments

in

the
context

box.

•

Institutions
impacted

by

GASB
74/75

should

include

the
full

net

OPEB
liability/asset

in

line
05

and

06
and

select

either

the
2nd

or

3rd
option.

***Choosing

option

(2)
will

require

you
to

enter

the
amount

of

the
net

OPEB

liability/asset

in
the

context

box
using

a

specific
number

format

###,###,###.

Choosing

option
(3)

will

allow
you

to

enter
the

amount

of
the

net

OPEB

liability/asset
in

the

context
box

AND

any
other

comments

to

explain
the

data.

Place
the

OPEB

amount
in

parentheses

using

the
format

(###,###,###)

prior
to

entering

the

explanation

text.***

(3)

Institution’s

adjustment
to

beg.
net

position

includes
net

OPEB
liability/asset.

Enter

amount
and

other
notes.

The
University of Missouri began reporting a net OPEB Liability and
Deferred Inflows of Resources in fiscal year 2018 financial report in
accordance with GASB Statement No. 75. The total net OPEB liabilities as
of June 30, 2018 was $442,205,187 and Deferred Inflows of Resources of
$34,975,329.

Institution:

University
of
Missouri-System

Office
(178439)

User

ID:
29C0011

Part

B
-
Revenues
by
Source

(1)

Fiscal

Year:
July

1,
2017

-
June

30,

2018

Report

in
whole

dollars

only

Line
No.

Source

of
Funds

Current
year

amount

Prior
year

amount

Operating

Revenues

01

Tuition

and

fees,
after

deducting
discounts

and
allowances

0

0

Grants

and
contracts

-
operating

02

Federal

operating
grants

and

contracts

0

0

03

State

operating
grants

and

contracts

505

0

04

Local

government/private
operating

grants

and
contracts

0

0

04a

Local
government

operating

grants
and

contracts

0

0

04b

Private
operating

grants

and
contracts

0

0

05

Sales

and
services

of
auxiliary

enterprises,

after

deducting
discounts

and

allowances

28,048,500

30,892,045

26

Sales

and

services
of

educational

activities

1,055,244

824,089

08

Other

sources
-

operating

(CV)

CV=[B09-(B01+

....+B26)]

2,471,358

3,708,405

09

Total

operating
revenues

31,575,607

35,424,539

Institution:

University
of
Missouri-System

Office
(178439)

User

ID:
29C0011

Part

B
-
Revenues
by
Source

(2)

Fiscal

Year:
July

1,
2017

-
June

30,

2018

Line
No.

Source

of
funds

Current
year

amount

Prior
year

amount

Nonoperating

Revenues

10

Federal

appropriations

9,754,640

9,738,949

11

State

appropriations

22,233,104

21,990,492

12

Local

appropriations,

education

district
taxes,

and
similar

support

0

0

Grants-nonoperating

13

Federal

nonoperating
grants

Do

NOT
include

Federal

Direct
Student

Loans

0

0

14

State

nonoperating
grants

0

0

15

Local

government
nonoperating

grants

0

0

16

Gifts,

including

contributions

from

affiliated

organizations

114,450

119,730

17

Investment

income

58,350,407

107,705,056

18

Other

nonoperating
revenues

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

0

6,467

19

Total

nonoperating
revenues

90,452,601

139,560,694

27

Total

operating
and

nonoperating

revenues

CV=[B19+B09]

122,028,208

174,985,233

28

12-month

Student

FTE
from

E12

29

Total

operating
and

nonoperating

revenues
per

student
FTE

CV=[B27/B28]

Institution:

University
of
Missouri-System

Office
(178439)

User

ID:
29C0011

Part

B
-
Revenues
by
Source

(3)

Fiscal

Year:
July

1,
2017

-
June

30,

2018

Line
No.

Source
of

funds

Current
year

amount

Prior
year

amount

Other
Revenues

and

Additions

20

Capital

appropriations

0

0

21

Capital

grants

and
gifts

0

0

22

Additions

to

permanent

endowments

1,000

500

23

Other
revenues

and

additions

CV=[B24-(B20+...+B22)]

0

0

24

Total
other

revenues

and

additions
CV=[B25-(B9+B19)]

1,000

500

25

Total
all

revenues

and
other

additions

122,029,208

174,985,733

You

may
use

the
space

below
to

provide

context
for

the
data

you've
reported

above.

Institution:

University
of
Missouri-System

Office
(178439)

User

ID:
29C0011

Part

C-1
-
Expenses
by

Functional
Classification

Fiscal

Year:
July

1,
2017

-
June

30,

2018

Report

Total
Operating

AND
Nonoperating

Expenses

in
this

section

Line

No.

Expense:

Functional

Classifications

Total

amount

Prior

Year

Total
Amount

Salaries

and

wages

Prior

Year

Salaries
and

wages

(1)

(2)

01

Instruction

2,852,829

6,007,890

269,680

120,868

02

Research

1,818,651

1,870,020

28,431

57,389

03

Public

service

1,238,393

2,216,747

177,804

306,271

05

Academic

support

1,060,898

2,455,957

162,264

165,851

06

Student

services

5,276,510

3,911,841

1,163,086

1,083,285

07

Institutional

support

37,379,600

50,681,841

25,053,067

29,277,382

10

Scholarships

and

fellowships

expenses,

net

of
discounts

and

allowances

(from

Part
E,

E11)

0

0

11

Auxiliary

enterprises

26,863,141

31,357,691

5,351,624

5,565,614

14

Other

Functional

Expenses
and

deductions

CV=[C19-(C01+...+C11)]

20,928,191

2,052,461

0

0

19

Total

expenses

and

deductions

97,418,213

100,554,448

32,205,956

36,576,660

Institution:

University
of
Missouri-System

Office
(178439)

User

ID:
29C0011

Part

C-2
-
Expenses
by

Natural
Classification

Fiscal

Year:
July

1,
2017

-
June

30,

2018

Line
No.

Expense:

Natural

Classifications

Total

Amount

Prior
year

amount

19-2

Salaries

and

Wages(from
Part

C-1,Column
2

line

19)

32,205,956

36,576,660

19-3

Benefits

33,436,737

26,563,601

19-4

Operation

and

Maintenance
of

Plant
(as

a

natural
expense)

5,857,912

2,650,966

19-5

Depreciation

4,843,818

5,529,699

19-6

Interest

1,714,628

1,918,715

19-7

Other

Natural

Expenses
and

Deductions

CV=[C19-1
-

(C19-2
+

...
+

C19-6)]

19,359,162

27,314,807

19-1

Total
Expenses

and

Deductions

(from

Part
C-1,

Line

19)

97,418,213

100,554,448

20-1

12-month

Student

FTE
(from

E12
survey)

21-1

Total
expenses

and

deductions
per

student
FTE

CV=[C19-1/C20-1]

You

may
use

the
space

below
to

provide

context
for

the
data

you've
reported

above.

Institution:

University
of
Missouri-System

Office
(178439)

User

ID:
29C0011

Part

M
-
Pension
Information

Fiscal

Year:
July

1,
2017

-
June

30,

2018

Line
No.

Description

Current
year

amount

Prior
Year

amount

01

Pension
expense

142,184,579

21,309,438

02

Net
Pension

liability

731,193,228

-135,921,496

03

Deferred
inflows

related

to
pension

34,921,328

12,804,611

04

Deferred
outflows

related

to
pension

249,373,004

-144,426,323

You

may
use

the
space

below
to

provide

context
for

the
data

you've
reported

above.

Institution:

University
of
Missouri-System

Office
(178439)

User

ID:
29C0011

Part

H
-
Details
of

Endowment
Assets

Fiscal

Year:
July

1,
2017

-
June

30,

2018

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

194,740,133

187,184,299

02

Value
of

endowment

assets

at
the

end
of

the
fiscal

year

205,616,212

194,740,133

You

may
use

the
space

below
to

provide

context
for

the
data

you've
reported

above.

Institution:

University
of
Missouri-System

Office
(178439)

User

ID:
29C0011

Part

J
-
Revenue
Data
for

the
Census
Bureau

Fiscal

Year:
July

1,
2017

-
June

30,

2018

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

0

0

02

Sales
and

services

29,103,744

1,055,244

28,048,500

0

03

Federal

grants/contracts
(excludes

Pell

Grants)

0

0

0

0

0

Revenue

from
the

state

government:

04

State

appropriations,
current

&

capital

22,233,104

22,233,104

0

0

0

05

State
grants

and

contracts

505

505

0

0

0

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,

NOT

including
capital

grants

115,450

10

Interest

earnings

36,551,159

11

Dividend

earnings

0

12

Realized

capital

gains

7,846,387

You

may
use

the
space

below
to

provide

context
for

the
data

you've
reported

above.

Institution:

University
of
Missouri-System

Office
(178439)

User

ID:
29C0011

Part

K
-
Expenditure
Data

for
the
Census
Bureau

Fiscal

Year:
July

1,
2017

-
June

30,

2018

Category

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)

02

Employee
benefits,

total

33,436,736

31,607,676

1,829,060

0

0

03

Payment
to

state

retirement
funds

(may
be

included
in

line
02

above)

0

0

0

0

0

04

Current

expenditures

including
salaries

43,395,934

27,009,581

16,386,353

0

0

Capital

outlays

05

Construction

0

0

0

0

0

06

Equipment

purchases

828,778

828,778

0

0

0

07

Land
purchases

0

0

0

0

0

08

Interest
on

debt

outstanding,
all

funds
and

activities

1,714,628

You

may
use

the
space

below
to

provide

context
for

the
data

you've
reported

above.

Institution:

University
of
Missouri-System

Office
(178439)

User

ID:
29C0011

Part

L
-
Debt
and
Assets

for
Census
Bureau,
page

1

Fiscal

Year:
July

1,
2017

-
June

30,

2018

Debt

Category

Amount

01

Long-term
debt

outstanding

at
beginning

of
fiscal

year

0

02

Long-term
debt

issued

during
fiscal

year

0

03

Long-term
debt

retired

during
fiscal

year

0

04

Long-term
debt

outstanding

at
end

of
fiscal

year

0

05

Short-term
debt

outstanding

at
beginning

of
fiscal

year

44,315,168

06

Short-term
debt

outstanding

at
end

of
fiscal

year

37,212,475

You

may
use

the
space

below
to

provide

context
for

the
data

you've
reported

above.

Institution:

University
of
Missouri-System

Office
(178439)

User

ID:
29C0011

Part

L
-
Debt
and
Assets

for
Census
Bureau,
page

2

Fiscal

Year:
July

1,
2017

-
June

30,

2018

Assets

Category

Amount

07

Total
cash

and

security
assets

held
at

end
of

fiscal
year

in

sinking
or

debt
service

funds

0

08

Total
cash

and

security
assets

held
at

end
of

fiscal
year

in

bond
funds

0

09

Total
cash

and

security
assets

held
at

end
of

fiscal
year

in

all
other

funds

140,235,688

You

may
use

the
space

below
to

provide

context
for

the
data

you've
reported

above.

Institution:

University
of
Missouri-System

Office
(178439)

User

ID:
29C0011

Prepared

by

The

name
of

the
preparer

is
being

collected

so
that

we
can

follow
up

with
the

appropriate

person
in

the
event

that
there

are
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

the
reporting

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

Collection

System.

Thank

you
for

your
assistance.

This

survey
component

was

prepared
by:

Keyholder

SFA Contact

HR Contact

Finance

Contact

Academic Library

Contact

Other

Name:

Randy
Sade

Email:

[email-masked]

How

many
staff

from
your

institution
only

were

involved
in

the
data

collection
and

reporting

process
of

this
survey

component?

2.00

Number

of
Staff

(including

yourself)

How

many
hours

did
you

and
others

from

your
institution

only
spend

on
each

of
the

steps

below
when

responding
to

this
survey

component?

Exclude

the

hours
spent

collecting
data

for
state

and
other

reporting

purposes.

Staff

member

Collecting

Data
Needed

Revising

Data
to

Match

IPEDS

Requirements

Entering

Data

Revising

and
Locking

Data

Your

office

1.00

hours

0.00

hours

2.00

hours

4.75

hours

Other

offices

9.00

hours

1.00

hours

4.00

hours

7.50

hours

Institution:

University
of

Missouri-System

Office
(178439)

User
ID:

29C0011

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
Data
Center
and

sent
to
your
institution’s

CEO
in
November
2018.

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
[email-masked].

Core

Revenues

Revenue

Source

Reported

values

Percent

of

total

core

revenues

Core

revenues

per

FTE

enrollment

Tuition

and

fees

$0

0%

N/A

State

appropriations

$22,233,104

24%

N/A

Local

appropriations

$0

0%

N/A

Government

grants

and

contracts

$505

0%

N/A

Private

gifts,

grants,

and

contracts

$114,450

0%

N/A

Investment

income

$58,350,407

62%

N/A

Other

core

revenues

$13,282,242

14%

N/A

Total

core

revenues

$93,980,708

100%

N/A

Total

revenues

$122,029,208

N/A

Other

core
revenues

include
federal

appropriations;

sales
and

services
of

educational

activities;
other

operating
and

nonoperating

sources;
and

other
revenues

and

additions
(e.g.,

capital

appropriations,
capital

grants
and

gifts,

etc.).
Core

revenues
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
to

child

institutions.

Core

Expenses

Expense

function

Reported

values

Percent

of

total

core

expenses

Core

expenses

per

FTE

enrollment

Instruction

$2,852,829

4%

N/A

Research

$1,818,651

3%

N/A

Public

service

$1,238,393

2%

N/A

Academic

support

$1,060,898

2%

N/A

Institutional

support

$37,379,600

53%

N/A

Student

services

$5,276,510

7%

N/A

Other

core

expenses

$20,928,191

30%

N/A

Total

core

expenses

$70,555,072

100%

N/A

Total

expenses

$97,418,213

N/A

Other

core
expenses

include

scholarships
and

fellowships,
net

of
discounts

and

allowances,
and

other
expenses.

Core

expenses
exclude

expenses
from

auxiliary

enterprises
(e.g.,

bookstores,

dormitories),
hospitals,

and

independent
operations.

For

institutions
reporting

in
Full

parent/child

relationships,
core

expenses

per
FTE

enrollment
amounts

will
not

be

allocated
to

child

institutions.

Calculated

value

FTE

enrollment

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

Missouri-System

Office
(178439)

User

ID:

29C0011

Edit

Report

Finance

University
of

Missouri-System

Office

(178439)

Source

Description

Severity

Resolved

Options

Screen:

Statement

of
net

position

(1)

Screen
Entry

The
value

of
this

field
is

not

expected
to

be
negative.

Please

correct
your

data
or

explain.

(Error
#5230)

Explanation

Yes

Reason:

The
negative

balance

on
line

14
is

due
to

the
campuses

currently

paying
their

principal

balances
faster

than
the

University

is
paying

the

external
debt.

These
internal

payments

are
held

with
the

University

bank.
In

addition,

the
University

has
also

issued

commercial
paper

to
fund

working

capital.

Screen
Entry

The
value

of
this

field
is

expected

to
be

greater
than

zero.

Please
correct

your

data
or

explain.
(Error

#5148)

Explanation

Yes

Reason:

Negative
is

related

to
the

implementation
of

GASB

75.
This

negative
unrestricted

net

asset
is

the
result

of

recognizing
a

change
in

accounting

principle
that

reduced

the
net

asset
balance.

The
Net

OPEB

Liability
and

Net
Pension

Liability

are
recorded

at
the

administrative

unit
and

will

continue
to

cause
a

negative

Unrestricted
Net

Assets
and

Net

Position.

Screen
Entry

The
amount

of
total

net

assets
is

not

expected
to

be
negative.

Please
correct

your

data
or

explain
why

total

liabilities
(line

13)

exceed
total

assets
(line

06).

(Error
#5156)

Explanation

Yes

Reason:

Negative
is

related

to
the

implementation
of

GASB

75.
This

negative
unrestricted

net

asset
is

the
result

of

recognizing
a

change
in

accounting

principle
that

reduced

the
net

asset
balance.

The
Net

OPEB

Liability
and

Net
Pension

Liability

are
recorded

at
the

administrative

unit
and

will

continue
to

cause
a

negative

Unrestricted
Net

Assets
and

Net

Position.

Screen:

Changes

to
Net

Position

Perform
Edits

The
calculated

amount

of
adjustments

to
beginning

net

position
and

other
gains

or

losses
in

Part
D

(line
05)

is

outside
the

expected
range.

Please

correct
your

data
or

explain.

(Error
#5199)

Explanation

Yes

Reason:

Effective
for

fiscal

year
2018,

the
University

adopted

GASB
No.

75,
which

required

the
University

to
record

a
Net

Postemployment

Benefits

Liability
as

well
as

Deferred

Outflows/Inflows
of

Resources

on
its

Statements
of

Net

Position.
The

adoption
of

this

statement
reduced

the

beginning
unrestricted

net

position
by

$274,663,000
for

fiscal

year
2017.

Related
Screens:

Changes

to

Net

Position

Screen:

Expenses

Part
1

Screen
Entry

The
amount

reported

is
outside

the
expected

range

of
between

3,003,945
and

9,011,835

when
compared

with
the

prior

year
value.

Please

correct
your

data
or

explain.

(Error
#5301)

Explanation

Yes

Reason:

In
the

prior
fiscal

year

pension
expense

was

spread
to

the
functional

classifications,

however
per

the

IPED
standards

the
pension

and

OPEB
expense

that
is

recognized
by

GASB

68
and

75,
as

reported

on
the

GPFS,
should

be

allocated
to

Line
14-Other

Functional

Expenses
and

Deductions.

Do
not

allocate
these

expenses

across
the

functions.

Screen
Entry

The
amount

reported

is
outside

the
expected

range

of
between

1,227,979
and

3,683,935

when
compared

with
the

prior

year
value.

Please

correct
your

data
or

explain.

(Error
#5301)

Explanation

Yes

Reason:

In
the

prior
fiscal

year

pension
expense

was

spread
to

the
functional

classifications,

however
per

the

IPED
standards

the
pension

and

OPEB
expense

that
is

recognized
by

GASB

68
and

75,
as

reported

on
the

GPFS,
should

be

allocated
to

Line
14-Other

Functional

Expenses
and

Deductions.

Do
not

allocate
these

expenses

across
the

functions.

Perform
Edits

The
total

amount
of

expenses

reported
for

instruction

in
Part

C
(line

01)
is

expected

to
be

zero
or

left
blank.

Please

correct
your

data
or

explain.

(Error
#5245)

Explanation

Yes

Reason:

Instruction
expenses

result

from
E-Learning,

Associated

Students
of

the
Univ.

of

Missouri
Internship

Program,

Collaborative
Course

Development

and
Faculty

Performance

Shares.
These

are
all

managed

centrally
in

the
System

unit

(which
includes

University

wide
resources

and
the

University

Bank).
In

addition

the
expense

related
to

the
Pension

and

OPEB
plans

are
carried

at

University
Wide

Resources.

These
costs

are
spread

to

the
various

functional

categories.

Related
Screens:

Expenses

Part

1

Perform
Edits

The
amount

of

salaries
and

wages
expenses

reported

for
instruction

in
Part

C

(line
01)

is
expected

to
be

zero

or
left

blank.
Please

confirm

that
the

data
reported

are

correct.
(Error

#5246)

Confirmation

Yes

Related
Screens:

Expenses

Part

1

Perform
Edits

The
total

amount
of

expenses

reported
for

public

service
in

Part
C

(line
03)

is

expected
to

be
zero

or
left

blank.

Please
confirm

that

the
data

reported
are

correct.

(Error
#5249)

Confirmation

Yes

Related
Screens:

Expenses

Part

1

Perform
Edits

The
amount

of

salaries
and

wages
expenses

reported

for
public

service
in

Part
C

(line

03)
is

expected
to

be

zero
or

left
blank.

Please

confirm
that

the
data

reported
are

correct.

(Error

#5250)

Confirmation

Yes

Related
Screens:

Expenses

Part

1

Screen:

Pension

Perform
Edits

The
pension

expense

is
expected

to
be

less
than

total

benefits
expense

reported

in
Part

C-2,
line

19-3.
Correct

your

data
or

contact
the

Help

Desk.
(Error

#5271)

Fatal

Yes

Reason:

Overridden
by

administrator.

Institution

reports
total

pension
expense

for
the

entire

system
in

Part
M

but

only
the

amount
attributed

to

the
system

office
in

Part
C-2.

RD

Related
Screens:

Expenses

Part

2, Pension

Screen
Entry

The
amount

reported

is
outside

the
expected

range

of
between

13,851,135
and

28,767,741

when
compared

with

the
prior

year
value.

Please

correct
your

data
or

explain.

(Error
#5301)

Explanation

Yes

Reason:

In
the

prior
year

IPEDS

submission
Part

M
was

interpreted

to
reflect

the

change
in

the
reported

amount
for

the

categories
below,

which
was

the

amount
recognized

during

the
period

beginning
July

1st

through
June

30th.
With

further

clarification
from

the

IPED’s
Help

Desk,
we

were

informed
that

these
amounts

should

agree
to

the
amounts

reported

on
the

financial

reports
as

of
June

30th.

Screen
Entry

The
amount

reported

is
outside

the
expected

range

of
between

-183,494,019
and

-88,348,972

when
compared

with

the
prior

year
value.

Please

correct
your

data
or

explain.

(Error
#5301)

Explanation

Yes

Reason:

In
the

prior
year

IPEDS

submission
Part

M
was

interpreted

to
reflect

the

change
in

the
reported

amount
for

the

categories
below,

which
was

the

amount
recognized

during

the
period

beginning
July

1st

through
June

30th.
With

further

clarification
from

the

IPED’s
Help

Desk,
we

were

informed
that

these
amounts

should

agree
to

the
amounts

reported

on
the

financial

reports
as

of
June

30th.

Screen
Entry

The
amount

reported

is
outside

the
expected

range

of
between

8,322,998
and

17,286,224

when
compared

with
the

prior

year
value.

Please

correct
your

data
or

explain.

(Error
#5301)

Explanation

Yes

Reason:

In
the

prior
year

IPEDS

submission
Part

M
was

interpreted

to
reflect

the

change
in

the
reported

amount
for

the

categories
below,

which
was

the

amount
recognized

during

the
period

beginning
July

1st

through
June

30th.
With

further

clarification
from

the

IPED’s
Help

Desk,
we

were

informed
that

these
amounts

should

agree
to

the
amounts

reported

on
the

financial

reports
as

of
June

30th.

Screen
Entry

The
amount

reported

is
outside

the
expected

range

of
between

-194,975,536
and

-93,877,109

when
compared

with

the
prior

year
value.

Please

correct
your

data
or

explain.

(Error
#5301)

Explanation

Yes

Reason:

In
the

prior
year

IPEDS

submission
Part

M
was

interpreted

to
reflect

the

change
in

the
reported

amount
for

the

categories
below,

which
was

the

amount
recognized

during

the
period

beginning
July

1st

through
June

30th.
With

further

clarification
from

the

IPED’s
Help

Desk,
we

were

informed
that

these
amounts

should

agree
to

the
amounts

reported

on
the

financial

reports
as

of
June

30th.

>