Finance 2003-04

Institution: INDIANA UNIVERSITY-KOKOMO (151333)	User ID: P31513331
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            GASB (Governmental Accounting Standard Board), using standards prior to GASB 34      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-KOKOMO (151333)	User ID: P31513331
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, 2003.)   Beginning: month/year (MMYYYY)   Month:  7   Year:  2002   And ending: month/year (MMYYYY)   Month:  6   Year:  2003   2. Audit Opinion   Did your institution receive an unqualified opinion on its General Purpose Statement 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. Does this institution or any of its foundations or other affiliated organizations own endowment assets ?          Yes - (report endowment assets)                      No   5.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, whether that column represents a single component unit or a combination of component units. (These component units include affiliated entities as described in GASB statement 39. The provisions of GASB 39 are not required to be implemented until fiscal years beginning after June 15, 2003, therefore no information is required on this portion of the survey until the institution implements the revised component unit definitions set forth in this new standard. If your institution has not implemented GASB 39, enter 0 in each of the blanks below.)         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-KOKOMO (151333)	User ID: P31513331
Part A - Statement of Net Assets
Fiscal Year 2003      Report in whole dollars only      Line no.      Current year amount   Prior year amount      Current Assets          01   Total Current Assets  7,477,169  7,921,327         Noncurrent Assets          02   Capital assets - depreciable (gross)  53,461,018  55,476,648   03   Accumulated depreciation (enter as a positive amount)  15,122,098  15,407,511   04   Other noncurrent assets (CV) CV=[A05-(A02-A03)]  804,793  955,906   05   Total noncurrent assets  39,143,713  41,025,043      06   Total assets (CV) CV=(A01+A05)  46,620,882  48,946,370         Current Liabilities          07   Long-term debt, current portion  1,556,061  1,522,446   08   Other current liabilities (CV) CV=(A09-A07)  2,461,019  2,488,431   09   Total current liabilities  4,017,080  4,010,877         Noncurrent Liabilities          10   Long-term debt  23,487,579  302,751   11   Other noncurrent liabilities (CV) CV=(A12-A10)  387,624  25,243,130   12   Total noncurrent liabilities  23,875,203  25,545,881      13   Total liabilities (CV) CV=(A09+A12)  27,892,283  29,556,758         Net Assets          14   Invested in capital assets, net of related debt  13,231,385  12,752,347   15   Restricted-expendable  993,454  3,015,006   16   Restricted-nonexpendable    0   17   Unrestricted (CV) CV=[A18-(A14+A15+A16)]  4,503,760  3,622,259   18   Total Net assets (CV) CV=(A06-A13)  18,728,599  19,389,612         CV= Calculated Value      CAVEATS

Institution: INDIANA UNIVERSITY-KOKOMO (151333)	User ID: P31513331
Part A - Plant, Property, and Equipment
Fiscal Year 2003      Report in whole dollars only                  Line No.   Description   Beginning balance   Additions   Retirements (CV)   Ending balance      Plant,Property, and Equipment                  21   Land & land improvements  1,422,952    0  1,422,952   22   Infrastructure  2,184,037  14,416  0  2,198,453   23   Buildings  44,208,717  80,928  0  44,289,645   24   Equipment  4,652,852  516,312  3,034,794  2,134,370   25   Art and library collections  3,008,090  396,505  0  3,404,595   26   Property obtained under capital leases (if not included in equipment)  0    0     27   Construction in progress  0  11,003  0  11,003   28   Accumulated depreciation  15,407,511  1,834,611  2,120,023  15,122,099         CV = (Beginning Balance + Additions - Ending Balance)            CAVEATS

Institution: INDIANA UNIVERSITY-KOKOMO (151333)	User ID: P31513331
Part B - Revenues and Other Additions
Fiscal Year 2003      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  6,852,446  5,963,195      Grants and contracts - operating         02   Federal operating grants and contracts  1,492,064  1,258,416   03   State operating grants and contracts  301,803  489,884   04   Local/private operating grants and contracts  198,453  192,385   05   Sales & services of auxiliary enterprises, after deducting discounts & allowances  1,689,149  1,537,432   06   Sales & services of hospitals, after deducting patient contractual allowances    0   07   Independent operations    0   08   Other sources - operating (CV) CV=[B09-(B01+ ....+B07)]  1,262,187  717,239   09   Total operating revenues  11,796,102  10,158,551

Institution: INDIANA UNIVERSITY-KOKOMO (151333)	User ID: P31513331
Part B - Revenues and Other Additions
Fiscal Year 2003      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  11,548,979  11,736,824   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  505,319  325,838   17   Investment income  106,386  145,134   18   Other nonoperating revenues (CV) CV=[B19-(B10+...+B17)]  -221,989  1,537,563   19   Total nonoperating revenues  11,938,695  13,745,359

Institution: INDIANA UNIVERSITY-KOKOMO (151333)	User ID: P31513331
Part B - Revenues and Other Additions
Fiscal Year 2003      Report in whole dollars only            Line No.   Resource of funds   Current year amount   Prior year amount      Other Revenues and Additions           20   Capital appropriations    0   21   Capital grants & gifts  44,188  0   22   Additions to permanent endowments    0   23   Other revenues & additions (CV) CV=[B24-(B20+...+B22)]  0  0   24   Total other revenues and additions  44,188  0      25   Total all revenues and other additions (CV) CV=(B09+B19+B24)  23,778,985  23,903,910      CV = Calculated Value      CAVEATS

Institution: INDIANA UNIVERSITY-KOKOMO (151333)	User ID: P31513331
Part C - Expenses and Other Deductions
Fiscal Year 2003      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  8,748,092  5,883,421  1,811,251    1,053,420   02   Research  260,146  126,661  38,994    94,491   03   Public service  629,578  302,238  93,046    234,294   05   Academic support  1,400,278  760,013  233,975    406,290   06   Student services  1,294,071  723,147  222,626    348,298   07   Institutional support  3,159,870  966,480  297,538    1,895,852   08   Operation & maintenance of plant  2,478,738  680,588  209,524    1,588,626   09   Depreciation  1,804,293        1,804,293     10   Scholarships and fellowships expenses, excluding discounts & allowances  1,088,325  90,114  27,742    970,469   11   Auxiliary enterprises  1,576,610  945,544  291,092    339,974   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  22,440,001  10,478,206  3,225,788  1,804,293  6,931,714       Prior year amount  21,507,375  10,441,819  2,940,450  2,554,307  5,570,799

Institution: INDIANA UNIVERSITY-KOKOMO (151333)	User ID: P31513331
Part C - Expenses and Other Deductions
Fiscal Year 2003      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  1,829,120           1,829,120   17   Other nonoperating expenses & deductions (CV) CV=(C18-C16)  0  0  0  0  0   18   Total nonoperating expenses & deductions (CV) CV=(C19-C15)  1,829,120  0  0  0  1,829,120      19   Total expenses & deductions  24,269,121  10,478,206  3,225,788  1,804,293  8,760,834       Prior year amount  22,460,632  10,441,819  2,940,450  2,554,307  6,524,056      CV = Calculated Value      CAVEATS

Institution: INDIANA UNIVERSITY-KOKOMO (151333)	User ID: P31513331
Part D - Summary of Changes In Net Assets
Fiscal Year 2003      Line No.   Description   Current year amount   Prior year amount   01   Total revenues & other additions (from B25)  23,778,985  23,903,910      02   Total expenses & deductions (from C19)  24,269,121  22,460,632      03   Increase in net assets during year (CV) CV=(D01-D02)  -490,136  1,443,278   04   Net assets beginning of year  19,940,825  17,946,334   05   Adjustments to beginning net assets (CV) CV=[D06-(D03+D04)]  -722,090  0   06   Net assets end of year (from A18)  18,728,599  19,389,612      CV = Calculated Value      CAVEATS

Institution: INDIANA UNIVERSITY-KOKOMO (151333)	User ID: P31513331
Part E - Scholarships and Fellowships
Part E - Scholarships and Fellowships Fiscal Year 2003      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)  1,427,546  1,131,647   02   Other federal grants  62,812  115,378   03   Grants by state government    0   04   Grants by local government    0   05   Institutional grants from restricted resources  218,069  215,616   06   Institutional grants from unrestricted resources (CV) CV=[E07-(E01+...+E05)]  246,408  126,644   07   Total gross scholarships and fellowships  1,954,835  1,589,285         Discounts and Allowances         08   Discounts & allowances applied to tuition & fees  866,510  92,915   09   Discounts & allowances applied to sales & services of auxiliary enterprises (CV) CV= (E10-E08)  0  602,348   10   Total Discounts & Allowances (CV) CV=(E07-E11)  866,510  695,263      11   Net scholarships and fellowships expenses after deducting discount & allowances (from C10)  1,088,325  894,022      CV = Calculated Value      CAVEATS

Institution: INDIANA UNIVERSITY-KOKOMO (151333)	User ID: P31513331
Part H - Details of Endowment Assets
Fiscal Year 2003 (Optional for current reporting cycle) Report in whole dollars only   Line No.   Value of Endowment Assets   Market Value   Prior Year Amounts           (2)       01   Value of endowment assets at the beginning of the fiscal year  258,406     02   Value of endowment assets at the end of the fiscal year  253,631

Institution: INDIANA UNIVERSITY-KOKOMO (151333)	User ID: P31513331
Part J - Revenue Data for Bureau of Census
Part J - Revenues (Census Bureau) Fiscal Year 2003    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  7,718,956  7,718,956            02   Sales and services      1,689,149       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-KOKOMO (151333)	User ID: P31513331
Part K - Expenditure Data for Bureau of Census
Part K - Expenditures   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      945,544       02   Employee benefits, total      291,092       03   Payment to state retirement funds             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  1,954,835  1,954,835          CAVEATS

Institution: INDIANA UNIVERSITY-KOKOMO (151333)	User ID: P31513331
Part L - Debt and Assets, page 1
Part L - Debt and Assets Fiscal Year 2003    Debt   Category   Amount   01   Long-term debt outstanding at beginning of fiscal year  1,576,361   02   Long-term debt issued during fiscal year     03   Long-term debt retired during fiscal year  125,045   04   Long-term debt outstanding at end of fiscal year  1,506,937   05   Short-term debt outstanding at beginning of fiscal year  55,620   06   Short-term debt outstanding at end of fiscal year  0      CAVEATS

Institution: INDIANA UNIVERSITY-KOKOMO (151333)	User ID: P31513331
Part L - Debt and Assets, page 2
Part L - Debt and Assets   Assets   Category   Amount   07   Total cash and security assets held at end of fiscal year in sinking or debt service funds  71,012   08   Total cash and security assets held at end of fiscal year in bond funds     09   Total cash and security assets held at end of fiscal year in all other funds  5,666,662      CAVEATS