Funds Types
I. CURRENT FUNDS
- Unrestricted
Funds - Current Funds derived from State Appropriations,
Student Fees, Institutional Revenue, and Auxiliary Operations
that are not restricted for specific purposes;
Categories of unrestricted funds:
- General
Operating - includes State Appropriations, Student
Tuition and Fees (Educational and General), and Campus-Generated
and Other appropriated funds sources
Fund: A - Departmental - funds that are normally unit-generated, involving Student
Activities, Institutional Sales and Service Activities, and
unrestricted designated activities, gifts, and scholarships
Funds: D Student Activity Fees E General Departmental R Board of Trustees controlled funds from auxiliary funds RP Departmental Private Gifts - Auxiliary - self-supporting enterprises
Funds: B Infirmary, Housing, Food Service C Bookstore, Vending and Concessions, Athletics
- General
Operating - includes State Appropriations, Student
Tuition and Fees (Educational and General), and Campus-Generated
and Other appropriated funds sources
- Restricted
Funds - funds primarily from gifts, grants and contracts
that are designed for restricted uses, predominantly research
and student scholarship aid
Funds: F Federal G State H Local J Commercial K Philanthropic L Restricted Other S Scholarships (could be restricted or unrestricted)
II. LOAN FUNDS
Used to account for resources that may be lent to students, provided by various sources - governmental appropriations or private donors
Fund: T
III. ENDOWMENT FUNDS
Funding source private giving, to include endowments and quasi-endowments
Fund: V
IV. AGENCY FUNDS
Funds of other entities or individuals held by University as custodian or fiscal agent
Fund: Z
V. PLANT FUNDS
- Unexpended
Plant Funds - used to account for unexpended plant funds
to acquire long-lived assets for institutional purposes
Fund: W
- Investment
in Plant - funds set aside for renewal and replacement
of properties
Fund: Y
- Retirement
of Indebtedness - funds set aside for debt service charges
and retirement of debt on institutional plant
Fund: X