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.

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, 2007.)
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.)
		Unqualified		Qualified		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.
		Number of component unit columns on GPFS using FASB standards
		Number of component unit columns on GPFS using GASB standards

Caveats:

Part A - Statement of Net Assets

Fiscal Year 2007
	Report in whole dollars only
Line no.		Current year amount	Prior year amount
	Current Assets
01	Total Current Assets		112,469,150
	Noncurrent Assets
02	Capital assets - depreciable (gross)		146,815,278
03	Accumulated depreciation (enter as a positive amount)		107,843,639
04	Other noncurrent assets (CV) CV=[A05-(A02-A03)]	155,039,936	141,197,737
05	Total noncurrent assets		180,169,376
06	Total assets (CV) CV=(A01+A05)	463,841,641	292,638,526
	Current Liabilities
07	Long-term debt, current portion		871,554
08	Other current liabilities (CV) CV=(A09-A07)	21,296,602	31,301,275
09	Total current liabilities		32,172,829
	Noncurrent Liabilities
10	Long-term debt		9,231,946
11	Other noncurrent liabilities (CV) CV=(A12-A10)	10,154,955	8,889,020
12	Total noncurrent liabilities		18,120,966
13	Total liabilities (CV) CV=(A09+A12)	177,039,406	50,293,795
	Net Assets
14	Invested in capital assets, net of related debt		155,492,421
15	Restricted-expendable		43,520,411
16	Restricted-nonexpendable		0
17	Unrestricted (CV) CV=[A18-(A14+A15+A16)]	43,075,797	43,331,899
18	Total Net assets (CV) CV=(A06-A13)	286,802,235	242,344,731
CV= Calculated Value
CAVEATS

Part A - Plant, Property, and Equipment

Fiscal Year 2007
	Report in whole dollars only
Line No.	Description	Beginning balance	Additions	Retirements (CV)	Ending balance
	Plant, Property, and Equipment
21	Land & land improvements			0
22	Infrastructure			0
23	Buildings			1,889,284
24	Equipment			8,547,188
25	Art and library collections			0
26	Property obtained under capital leases (if not included in equipment)			0
27	Construction in progress			10,928,789
28	Accumulated depreciation			9,058,443
	CV = (Beginning Balance + Additions - Ending Balance)
CAVEATS

Part B - Revenues and Other Additions

Fiscal Year 2007
	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		31,552,598
	Grants and contracts - operating
02	Federal operating grants and contracts		6,827,743
03	State operating grants and contracts		5,601,352
04	Local/private operating grants and contracts		4,260,439
05	Sales & services of auxiliary enterprises, after deducting discounts & allowances		10,259,727
06	Sales & services of hospitals, after deducting patient contractual allowances		0
07	Independent operations		0
08	Other sources - operating (CV) CV=[B09-(B01+ ....+B07)]	576,944	0
09	Total operating revenues		58,501,859

Part B - Revenues and Other Additions

Fiscal Year 2007
	Report in whole dollars only
Line No.	Source of funds	Current year amount	Prior year amount
	Nonoperating Revenues
10	Federal appropriations		0
11	State appropriations		76,528,538
12	Local appropriations, education district taxes, & similar support		0
	Grants-nonoperating
13	Federal nonoperating grants		6,944,384
14	State nonoperating grants		13,178,068
15	Local nonoperating grants		0
16	Gifts, including contributions from affiliated organizations		2,970,000
17	Investment income		1,734,931
18	Other nonoperating revenues (CV) CV=[B19-(B10+...+B17)]	4,632,023	703,434
19	Total nonoperating revenues		102,059,355

Part B - Revenues and Other Additions

Fiscal Year 2007
	Report in whole dollars only
Line No.	Resource of funds	Current year amount	Prior year amount
	Other Revenues and Additions
20	Capital appropriations		26,449,254
21	Capital grants & gifts		3,513,508
22	Additions to permanent endowments		0
23	Other revenues & additions (CV) CV=[B24-(B20+...+B22)]	5,938,301	0
24	Total other revenues and additions		29,962,762
25	Total all revenues and other additions (CV) CV=(B09+B19+B24)	225,495,728	190,523,976
CV = Calculated Value
CAVEATS

Part C - Expenses and Other Deductions

Fiscal Year 2007
	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					60,537,038
02	Research					9,166,967
03	Public service					5,088,459
05	Academic support					13,615,683
06	Student services					17,529,648
07	Institutional support					27,086,612
08	Operation & maintenance of plant					15,061,925
09	Depreciation				14,359,351
10	Scholarships and fellowships expenses, excluding discounts & allowances (do not include work study here)					2,898,886
11	Auxiliary enterprises					10,984,926
12	Hospital services					0
13	Independent operations					0
14	Other expenses & deductions (CV) CV=[C15-(C01+...+C13)]	1,942,166	0	0	0	1,942,166
15	Total operating expenses					163,912,310
	Prior year amount	161,341,996	0	0	11,688,012	149,653,984

Part C - Expenses and Other Deductions

Fiscal Year 2007
	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					534,587
17	Other nonoperating expenses & deductions (CV) CV=(C18-C16)	2,231,977	0	0	0	2,231,977
18	Total nonoperating expenses & deductions (CV) CV=(C19-C15)	2,766,564	0	0	0	2,766,564
19	Total expenses & deductions					166,678,874
	Prior year amount	162,981,837	0	0	11,688,012	151,293,825
CV = Calculated Value
CAVEATS

Part D - Summary of Changes In Net Assets

Fiscal Year 2007
Line No.	Description	Current year amount	Prior year amount
01	Total revenues & other additions (from B25)	225,495,728	190,523,976
02	Total expenses & deductions (from C19)	181,038,225	162,981,837
03	Increase in net assets during year (CV) CV=(D01-D02)	44,457,503	27,542,139
04	Net assets beginning of year		214,802,592
05	Adjustments to beginning net assets (CV) CV=[D06-(D03+D04)]	0	0
06	Net assets end of year (from A18)	286,802,235	242,344,731
CV = Calculated Value
CAVEATS

Part E - Scholarships and Fellowships

Part E - Scholarships and Fellowships Fiscal Year 2007
	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)		6,943,214
02	Other federal grants		1,170
03	Grants by state government		13,178,068
04	Grants by local government		0
05	Institutional grants from restricted resources		1,575,890
06	Institutional grants from unrestricted resources (CV) CV=[E07-(E01+...+E05)]	0	0
07	Total gross scholarships and fellowships		21,698,342
	Discounts and Allowances
08	Discounts & allowances applied to tuition & fees		18,030,789
09	Discounts & allowances applied to sales & services of auxiliary enterprises (CV) CV= (E10-E08)	0	0
10	Total Discounts & Allowances (CV) CV=(E07-E11)	18,786,210	18,030,789
11	Net scholarships and fellowships expenses after deducting discount & allowances (from C10)	2,898,886	3,667,553
CV = Calculated Value
CAVEATS

Part G - Component Unit that Uses GASB Standards

Part G - GASB Component Unit that uses GASB Standards Fiscal Year 2007
Names of entities included:
Primary nature of unit(s)
	Report in whole dollars only
Line No.			Current year amount
Statement of Net Assets
01	Total current assets
02	Total non-current assets (CV) CV=(G03-G01)		1,550,531
03	Total Assets
04	Total current liabilities
05	Total noncurrent liabilities (CV) CV=(G06-G04)		289,065
06	Total liabilities (CV) CV=(G3-G11)		827,652
	Net Assets
07	Invested in capital assets, net of related debt
08	Restricted-expendable
09	Restricted-nonexpendable
10	Unrestricted (CV) CV=[G11-(G07+...+G09)]		0
11	Total net assets

Part G - Component Unit that Uses GASB Standards

Part G - GASB Component Unit that uses GASB Standards Fiscal Year 2007
	Report in whole dollars only
Line No.			Current year amount
Statement of revenues, expenses, and Changes in Net Assets
12	Total operating revenues
13	Total operating expenses
13a	Expenses paid to institution (included in G13)
14	Net operating revenues (Expenses) (CV) CV=(G12-G13)		-3,125,761
15	Total nonoperating revenues
16	Total nonoperating expenses (CV) CV=[(G14+G15)-G17]		0
17	Net income before other revenues, expenses, gains, or losses
18	Total other additions & deductions (CV) CV=(G19-G17)		0
19	Change in net assets
20	Net assets -- beginning of year
21	Adjustments to beginning net assets (CV) [G22-(G19+G20)]		0
22	Net assets -- end of year (from G11)		5,981,680
CV = Calculated value
CAVEATS

Part G - Component Unit that Uses GASB Standards

Part G - GASB Component Unit that uses GASB Standards Fiscal Year 2007
Names of entities included:
Primary nature of unit(s)
	Report in whole dollars