Finance 2005-06

Institution: Indiana University-Southeast (151379)	User ID: 88G2401
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: Indiana University-Southeast (151379)	User ID: 88G2401
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:  Indiana University     ��  This Finance Survey form is for a system (or governing board) office   Caveats:

Institution: Indiana University-Southeast (151379)	User ID: 88G2401
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  22,355,797  25,530,101         Noncurrent Assets          02   Capital assets - depreciable (gross)  76,819,954  61,910,881   03   Accumulated depreciation (enter as a positive amount)  27,305,034  25,309,264   04   Other noncurrent assets (CV) CV=[A05-(A02-A03)]  4,206,719  12,095,969   05   Total noncurrent assets  53,721,639  48,697,586      06   Total assets (CV) CV=(A01+A05)  76,077,436  74,227,687         Current Liabilities          07   Long-term debt, current portion  1,488,146  2,279,088   08   Other current liabilities (CV) CV=(A09-A07)  4,126,621  3,620,701   09   Total current liabilities  5,614,767  5,899,789         Noncurrent Liabilities          10   Long-term debt  38,445,547  39,884,650   11   Other noncurrent liabilities (CV) CV=(A12-A10)  1,712,234  1,787,507   12   Total noncurrent liabilities  40,157,781  41,672,157      13   Total liabilities (CV) CV=(A09+A12)  45,772,548  47,571,946         Net Assets          14   Invested in capital assets, net of related debt  16,854,321  15,586,065   15   Restricted-expendable  3,915,884  3,031,181   16   Restricted-nonexpendable  0  0   17   Unrestricted (CV) CV=[A18-(A14+A15+A16)]  9,534,683  8,038,495   18   Total Net assets (CV) CV=(A06-A13)  30,304,888  26,655,741         CV= Calculated Value      CAVEATS

Institution: Indiana University-Southeast (151379)	User ID: 88G2401
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  371,568  407,790  0  779,358   22   Infrastructure  2,339,943    0  2,339,943   23   Buildings  50,954,536  13,600,635  0  64,555,171   24   Equipment  3,124,208  326,960  99,847  3,351,321   25   Art and library collections  5,316,384  555,283  480,982  5,390,685   26   Property obtained under capital leases (if not included in equipment)  0    0     27   Construction in progress  8,988,286    8,584,810  403,476   28   Accumulated depreciation  25,309,264  2,560,222  564,452  27,305,034         CV = (Beginning Balance + Additions - Ending Balance)            CAVEATS

Institution: Indiana University-Southeast (151379)	User ID: 88G2401
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  20,276,403  16,998,637      Grants and contracts - operating         02   Federal operating grants and contracts  3,987,372  4,238,786   03   State operating grants and contracts  714,367  692,362   04   Local/private operating grants and contracts  316,757  170,101   05   Sales & services of auxiliary enterprises, after deducting discounts & allowances  3,788,908  3,714,010   06   Sales & services of hospitals, after deducting patient contractual allowances    0   07   Independent operations    0   08   Other sources - operating (CV) CV=[B09-(B01+ ....+B07)]  1,871,719  1,253,062   09   Total operating revenues  30,955,526  27,066,958

Institution: Indiana University-Southeast (151379)	User ID: 88G2401
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    0   11   State appropriations  23,947,179  23,086,151   12   Local appropriations, education district taxes, & similar support    0      Grants-nonoperating         13   Federal nonoperating grants    0   14   State nonoperating grants    0   15   Local nonoperating grants    0   16   Gifts, including contributions from affiliated organizations  664,703  700,933   17   Investment income  316,166  239,153   18   Other nonoperating revenues (CV) CV=[B19-(B10+...+B17)]  0  -4,259,575   19   Total nonoperating revenues  24,928,048  19,766,662

Institution: Indiana University-Southeast (151379)	User ID: 88G2401
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  0  3,257   21   Capital grants & gifts  114,128  0   22   Additions to permanent endowments  300,000  0   23   Other revenues & additions (CV) CV=[B24-(B20+...+B22)]  0  0   24   Total other revenues and additions  414,128  3,257      25   Total all revenues and other additions (CV) CV=(B09+B19+B24)  56,297,702  46,836,877      CV = Calculated Value      CAVEATS

Institution: Indiana University-Southeast (151379)	User ID: 88G2401
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  21,162,769  15,080,405  4,718,989    1,363,375   02   Research  184,431  58,532  13,924    111,975   03   Public service  871,027  433,663  126,243    311,121   05   Academic support  2,465,912  1,489,874  392,613    583,425   06   Student services  2,697,993  1,444,333  446,960    806,700   07   Institutional support  6,999,881  3,676,745  1,146,252    2,176,884   08   Operation & maintenance of plant  3,431,295  1,141,464  329,844    1,959,987   09   Depreciation  2,545,591        2,545,591     10   Scholarships and fellowships expenses, excluding discounts & allowances (do not include work study here)  4,676,770     4,676,770   11   Auxiliary enterprises  3,488,738  472,391  132,044    2,884,303   12   Hospital services          0   13   Independent operations          0   14   Other expenses & deductions (CV) CV=[C15-(C01+...+C13)]  0  0  0  0  0   15   Total operating expenses  48,524,407  23,797,407  7,306,869  2,545,591  14,874,540       Prior year amount  41,728,055  23,704,862  7,278,946  2,109,599  8,634,648

Institution: Indiana University-Southeast (151379)	User ID: 88G2401
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  1,204,031           1,204,031   17   Other nonoperating expenses & deductions (CV) CV=(C18-C16)  2,920,117  0  0  0  2,920,117   18   Total nonoperating expenses & deductions (CV) CV=(C19-C15)  4,124,148  0  0  0  4,124,148      19   Total expenses & deductions  52,648,555  23,797,407  7,306,869  2,545,591  18,998,688       Prior year amount  42,785,566  23,704,862  7,278,946  2,109,599  9,692,159      CV = Calculated Value      CAVEATS

Institution: Indiana University-Southeast (151379)	User ID: 88G2401
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)  56,297,702  46,836,877      02   Total expenses & deductions (from C19)  52,648,555  42,785,566      03   Increase in net assets during year (CV) CV=(D01-D02)  3,649,147  4,051,311   04   Net assets beginning of year  26,655,742  25,248,849   05   Adjustments to beginning net assets (CV) CV=[D06-(D03+D04)]  -1  -2,644,419   06   Net assets end of year (from A18)  30,304,888  26,655,741      CV = Calculated Value      CAVEATS

Institution: Indiana University-Southeast (151379)	User ID: 88G2401
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)  3,624,470  3,566,718   02   Other federal grants  178,820  150,023   03   Grants by state government  2,297,807  0   04   Grants by local government    0   05   Institutional grants from restricted resources  1,126,886  467,741   06   Institutional grants from unrestricted resources (CV) CV=[E07-(E01+...+E05)]  139,279  571,684   07   Total gross scholarships and fellowships  7,367,262  4,756,166         Discounts and Allowances         08   Discounts & allowances applied to tuition & fees  2,378,886  2,111,747   09   Discounts & allowances applied to sales & services of auxiliary enterprises (CV) CV= (E10-E08)  311,606  36,102   10   Total Discounts & Allowances (CV) CV=(E07-E11)  2,690,492  2,147,849      11   Net scholarships and fellowships expenses after deducting discount & allowances (from C10)  4,676,770  2,608,317      CV = Calculated Value      CAVEATS

Institution: Indiana University-Southeast (151379)	User ID: 88G2401
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  767,169  678,382   02   Value of endowment assets at the end of the fiscal year  1,113,460  767,169

Institution: Indiana University-Southeast (151379)	User ID: 88G2401
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  22,655,289  22,655,289            02   Sales and services      4,100,514       03   Federal grants/contracts (excludes Pell Grants)                Revenue from the state government:   04   State appropriations, current & capital             05   State grants and contracts                Revenue from local governments:   06   Local appropriation, current & capital             07   Local government grants/contracts             08   Receipts from property and non-property taxes         09   Gifts and private grants, including capital grants         10   Interest earnings         11   Dividend earnings         12   Realized capital gains            CAVEATS

Institution: Indiana University-Southeast (151379)	User ID: 88G2401
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      472,391       02   Employee benefits, total      132,044       03   Payment to state retirement funds (maybe included in line 02 above)             04   Current expenditures other than salaries                Capital outlay:      05   Construction             06   Equipment purchases             07   Land purchases             08   Interest on debt outstanding, all funds & activities         09   Scholarships/fellowships  7,367,262  7,367,262          CAVEATS

Institution: Indiana University-Southeast (151379)	User ID: 88G2401
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  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  0   06   Short-term debt outstanding at end of fiscal year  0      CAVEATS

Institution: Indiana University-Southeast (151379)	User ID: 88G2401
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  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  0      CAVEATS

Institution: Indiana University-Southeast (151379)	User ID: 88G2401
Explanation Report
Number Source Location Description Severity Accepted Screen: Scholarships & Fellowships 1 Screen Entry Row 13 Column 3 The number entered, 7367262, has an expected range of between 2378084 and 7134249 based on last year's amount. Please explain this difference. Explanation Yes Reason: Allocation of discounts and allowances among campuses is purely arbitrary. To improve consistency, the total discount and allowances is not being allocated across campuses for 2005. Total discounts and allowances is included in the BL campus only.