Finance Institution: Wake Technical Community College (199856) User ID: P

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1 Finance 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 have been no changes to the Finance data collection from the collection. Resources: To download the survey materials for this component: Survey Materials If you have questions about completing this survey, please contact the IPEDS Help Desk at

2 Finance - Public institutions 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.

3 Finance - Public institutions 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, 213.) Beginning: month/year Month: Year: (MMYYYY) And ending: month/year Month: Year: (MMYYYY) 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 (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? Yes - (report endowment assets) No

5 Part A - Statement of Financial Position 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 Current Assets 1 Total current assets 2,978,575 2,82,39 Noncurrent Assets 31 Depreciable capital assets, net of depreciation 15,46, ,627,638 4 Other noncurrent assets CV=[A5-A31] 29,516,868 64,859,79 5 Total noncurrent assets 215,319, ,144,56 6 Total assets CV=(A1+A5) 246,964, ,298,417 Current Liabilities 7 Long-term debt, current portion 8 Other current liabilities CV=(A9-A7) 8,27,261 1,214,731 9 Total current liabilities 1,214,731 8,27,261 Noncurrent Liabilities 1 Long-term debt 11 Other noncurrent liabilities CV=(A12-A1) 2,649,657 2,291,44 12 Total noncurrent liabilities 2,291,44 2,649, Total liabilities CV=(A9+A12) 1,919,918 12,56,171 Net Assets 14 Invested in capital assets, net of related debt 29,828,535 22,32, Restricted-expendable 7,829,94 5,71, Restricted-nonexpendable 17 Unrestricted 1,67,341 6,133,87 CV=[A18-(A14+A15+A16)] 18 Total net assets CV=(A6-A13) 236,44, ,792,246

7 Part A - Statement of Financial Position (Page 2) Line No. Description Ending balance Prior year Ending balance Capital Assets 21 Land and land improvements 21,35,887 21,35, Infrastructure 8,7,194 1,876, Buildings 162,61,73 29,418,47 32 Equipment, including art and library collections 9,81,579 1,755,88 27 Construction in progress 38,17,514 3,89,766 Total for Plant, Property and Equipment 256,211,43 239,859,877 CV = (A21+.. A27) 28 Accumulated depreciation 3,31,342 34,423, Intangible assets, net of accumulated amortization 34 Other capital assets

8 Part E - Scholarships and Fellowships DO NOT REPORT FEDERAL DIRECT STUDENT LOANS (FDSL) ANYWHERE IN THIS SECTION Line No. Source Current year amount Prior year amount 1 Pell grants (federal) 28,282,642 31,35,329 2 Other federal grants (Do NOT include FDSL amounts) 153, , 3 Grants by state government 2,392,386 2,479,212 4 Grants by local government 5 Institutional grants from restricted resources 173, ,271 6 Institutional grants from unrestricted resources CV=[E7-(E1+...+E5)] 22, ,388 7 Total gross scholarships and fellowships 31,135,29 34,43,511 Discounts and Allowances 8 Discounts and allowances applied to tuition and fees 1,272,494 12,85,284 9 Discounts and allowances applied to sales and services of auxiliary enterprises 1 Total discounts and allowances CV=(E8+E9) 12,85,284 1,272, Net scholarships and fellowships expenses after deducting discounts and allowances CV= (E7-E1) This amount will be carried forward to C1 of the expense section. 22,345,227 2,862,535

9 Part B - Revenues and Other Additions Report in whole dollars only Line No. Source of Funds Current year amount Prior year amount Operating Revenues 1 Tuition and fees, after deducting discounts and allowances 21,42,794 25,833,769 Grants and contracts - operating 2 Federal operating grants and contracts 3 State operating grants and contracts 6, ,527 4 Local government/private operating grants and contracts 4a Local government operating grants and contracts 4b Private operating grants and contracts 5 Sales and services of auxiliary enterprises, 1,28,138 after deducting discounts and allowances 1,31,84 26 Sales and services of educational activities 8 Other sources - operating (CV) CV=[B9-(B1+...+B26)] 34,355 5,412 9 Total operating revenues 23,351,679 27,469,735

10 Part B - Revenues and Other Additions Line No. Source of funds Current year amount Prior year amount Nonoperating Revenues 1 Federal appropriations 11 State appropriations 5,246,18 53,77, Local appropriations, education district taxes, and similar support 15,991,5 16,19,938 Grants-nonoperating 13 Federal nonoperating grants Do NOT include Federal Direct 29,58,97 Student Loans 32,812, State nonoperating grants 1,275,96 1,465, Local government nonoperating grants 2,363,867 2,441,92 16 Gifts, including contributions from affiliated organizations 741,136 1,433, Investment income 18,353 24, Other nonoperating revenues CV=[B19-(B1+...+B17)] 14,67 19 Total nonoperating revenues 1,232,123 18,76,26 27 Total operating and nonoperating revenues CV=[B19+B9] 135,545, ,583, month Student FTE from E12 16,265 14, Total operating and nonoperating revenues per student FTE CV=[B27/B28] 8,334 8,247

11 Part B - Revenues and Other Additions Line No. Source of funds Current year amount Prior year amount Other Revenues and Additions 2 Capital appropriations 42,847,522 17,22, Capital grants and gifts 1,553, , Additions to permanent endowments 23 Other revenues and additions CV=[B24-(B2+...+B22)] 24 Total other revenues and additions 44,4,797 17,476,27 25 Total all revenues and other additions CV=[B9+B19+B24] 153,21, ,984,599 Line 22: Wake Tech does not have endowments

12 Part C - Expenses and Other Deductions Report Total Operating AND Non-Operating Expenses in this section Report in whole dollars only Line Description Total amount Salaries and wages Employee fringe benefits Operation and No. maintenance of plant Expenses and Deductions Depreciation Interest All other 1 Instruction 9,21,211 71,468,767 41,259,317 1,822,69 6,972,636 3,213,534 65,112,226 2 Research 3 Public service 12,36 5 Academic support 933,21 17,595,248 12,1,684 3,693,13 656,133 32,397 15,38,9 6 Student services 1,27,697 12,235,432 7,435,497 2,255, ,58 41,692 1,582,55 7 Institutional support 3,963,611 16,815,823 8,845,878 3,162, , ,29 14,491,385 8 Operation and 6,54,822 maintenance 2,35, ,815-9,793,29 243,723 of plant (see instructions) 1 Scholarships and fellowships expenses, excluding discounts and allowances (from E11) PY Total Amount 22,345,227 22,345,227 2,862, Auxiliary enterprises 47,858 47, , Other expenses and deductions 4,231, ,891 85,755 3,43,595 3,134,685 CV=[C19-(C1+...+C13)] 19 Total expenses and deductions 145,99,596 71,92,45 2,627,118 4,513,391 48,57,42 129,845,37 Prior year amount 129,845,37 64,69,699 17,568,562 3,853,324 43,813, month Student FTE 16,265 14,986 from E12 21 Total expenses and 8,921 8,664 deductions per student FTE CV=[C19/C2]

13 Part D - Summary of Changes In Net Position Line No. Description Current year amount Prior year amount 1 Total revenues and other additions (from B25) 153,21, ,984,599 2 Total expenses and deductions (from C19) 145,99, ,845,37 3 Change in net position during year CV=(D1-D2) 7,922,372 38,139,229 4 Net position beginning of year 185,653,17 223,792,246 5 Adjustments to beginning net position and other gains or losses 4,33,9 CV=[D6-(D3+D4)] 6 Net position end of year (from A18) 236,44, ,792,246

14 Part H - Details of Endowment Assets Line Value of Endowment Assets Market Value Prior Year No. Amounts Include not only endowment assets held by the institution, but any assets held by private foundations affiliated with the institution. 1 Value of endowment assets at the beginning of the fiscal year 1,892,643 2,183,828 2 Value of endowment assets at the end of the fiscal year 2,183,828 3,215,478

15 Part J - Revenue Data for Bureau of Census Source and type Amount Total for all funds and operations (includes Education and general/independent operations Auxiliary enterprises Hospitals Agriculture extension/experiment services endowment funds, but excludes component units) (1) (2) (3) (4) (5) 1 Tuition and fees 37,919,53 37,919,53 2 Sales and 1,31,84 1,31,84 services 3 Federal 1,391,155 grants/contracts 1,391,155 (excludes Pell Grants) Revenue from the state government: 4 State 57,767,419 appropriations, 57,767,419 current & capital 5 State grants 1,465,217 and contracts 1,465,217 Revenue from local governments: 6 Local 29,334,313 appropriation, 29,334,313 current & capital 7 Local 2,441,92 government 2,441,92 grants/contracts 8 Receipts from property and non-property taxes 9 Gifts and private grants, 1,433,247 including capital grants 1 Interest earnings 11 Dividend earnings 24, Realized capital gains

16 Part K - Expenditure Data for Bureau of Census Category Amount Total for all funds and operations (includes Education and general/ independent operations Auxiliary enterprises Hospitals Agriculture extension/ experiment services endowment funds, but excludes component units) (1) (2) (3) (4) (5) 1 Salaries and wages 71,92,45 71,92,45 2 Employee benefits, total 2,627,117 2,627,117 3 Payment to state 4,932,97 retirement funds (maybe 4,932,97 included in line 2 above) 4 Current expenditures 52,57,433 other than salaries 52,162,575 Capital outlay: 5 Construction 44,37,17 44,37,17 6 Equipment purchases 1,181,859 1,181,859 7 Land purchases 47,858 8 Interest on debt outstanding, all funds and activities 9 Scholarships/fellowships 34,43,511 34,43,511

17 Part L - Debt and Assets, page 1 Debt Category Amount 1 Long-term debt outstanding at beginning of fiscal year 2 Long-term debt issued during fiscal year 3 Long-term debt retired during fiscal year 4 Long-term debt outstanding at end of fiscal year 5 Short-term debt outstanding at beginning of fiscal year 6 Short-term debt outstanding at end of fiscal year

18 Part L - Debt and Assets, page 2 Assets Category 7 Total cash and security assets held at end of fiscal year in sinking or debt service funds 8 Total cash and security assets held at end of fiscal year in bond funds 9 Total cash and security assets held at end of fiscal year in all other funds Amount 15,887,82

19 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 214. 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: or ipedshelp@rti.org. Core Revenues Revenue Source Reported values Percent of total core Core revenues per FTE revenues enrollment Tuition and fees $25,833,769 17% $1,588 Government appropriations $69,898,774 46% $4,297 Government grants and contracts $37,1,781 24% $2,275 Private gifts, grants, and contracts $1,433,247 1% $88 Investment income $24,751 % $2 Other core revenues $17,51,562 12% $1,77 Total core revenues $151,711,884 1% $9,328 Total revenues $153,21,968 $9,48 Core revenues include tuition and fees; government appropriations (federal, state, and local); government grants and contracts; private gifts, grants, and contracts; investment income; other operating and nonoperating sources; and other revenues and additions. Core revenues exclude revenues from auxiliary enterprises (e.g., bookstores, dormitories), hospitals, and independent operations. Core Expenses Expense function Reported values Percent of total core Core expenses per FTE expenses enrollment Instruction $71,468,767 49% $4,394 Research $ % $ Public service $ % $ Academic support $17,595,248 12% $1,82 Institutional support $16,815,823 12% $1,34

20 Core Expenses Student services $12,235,432 8% $752 Other core expenses $26,576,468 18% $1,634 Total core expenses $144,691,738 1% $8,896 Total expenses $145,99,596 $8,921 Core expenses include expenses for instruction, research, public service, academic support, institutional support, student services, operation and maintenance of plant, depreciation, scholarships and fellowships expenses, other expenses, and nonoperating expenses. Calculated value FTE enrollment 16,265 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.

21 Edit Report Finance Wake Technical Community College (199856) Source Description Severity Resolved Options Screen: Revenues Part 3 Screen The amount of additions to permanent endowments Confirmation Yes Entry reported in Part B (line 22) should not be zero or blank. Please confirm that the data reported are correct. (Error #5231) Related Revenues Part 3 Screens: Screen: Expenses Screen The amount of depreciation expenses allocated to Fatal Yes Entry instruction on line 1 is outside the expected range of between 451,34 and 3,159,373 compared to the total depreciation expenditures reported across all functional expense categories. Please correct your data or contact the IPEDS Help Desk for assistance. (Error #5176) Reason: Overridden by administrator. The data reported is correct and is based off square footage. JLM Screen The amount of operation and maintenance of plant Fatal Yes Entry expenses allocated to instruction on line 1 is outside the expected range of between 979,33 and 6,855,12 compared to the total operation and maintenance of plant expenditures reported across all functional expense categories. Please correct your data or contact the IPEDS Help Desk for assistance. (Error #5175) Reason: Overridden by administrator. The data reported is correct and is based off square footage. JLM Screen The amount reported is outside the expected range of Explanation Yes Entry between 6,153 and 18,459 when compared with the prior year value. Please correct your data or explain. (Error #531) Reason: Wake Tech does not have expenditures classified as public service.

Finance Institution: CUNY Queensborough Community College (190673) User ID: 36C0021

Finance Institution: CUNY Queensborough Community College (190673) User ID: 36C0021 Finance 213-14 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