Division of Administration and Finance

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
  • 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
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