A B C D E F G H I J K L M N O P
The purpose of this table is to illustrate in table format FT 00 - FT 11 - FT 12 - FT 13 - FT 14 - FT 20 - FT 30 - FT 40 - FT 60 - FT 81 - FT 83 - FT 85 - FT 87 - FT 90 -
how overdrafts are handled for each fund type level 2. Bank Budgeted Designate Service Clearing Auxiliary Restricted Loan Endowme Unexpend Renewal & Retiremen Investmen Agency
Note: Cell reference refers to the Closing of the Books Funds Operation d Departme Funds Enterprise Funds - I Funds - I nt Funds - ed Plant Replaceme t of Debt t in Plant Funds - I
instructions s Operation nts s - I (see (see Note I Funds - I nt Funds - Funds -I Funds - I
1 s Note A) B) I
3 Budget Overdrafts
4 No budget overdraft for fund type total CB1.a.
5 No budget overdrafts of individuals funds within fund type CB1.h.
7 Cash Overdrafts
No cash interfund overdraft for fund type total of fund type CB1.b. CB1.b. CB1.b. CB1.b. CB1.b. CB1.b. CB1.b. CB1.b. CB1.b. CB1.b. CB1.b. CB1.b. CB1.b.
8 level II.
No cash interfund overdraft for individual funds CB1.d. CB2. CB1.g. CB1.h.
(see Note (see Note (see Note
9 F) C) D)
No overdrafts in individual cash account codes of the CB1.i. CB1.i.
10 university's bank funds
12 Fund Balance Overdrafts
No fund balance overdraft for fund type total CB1.e.
13 (Note E)
No fund balance overdraft for individual funds within fund CB1.c. CB1.d. CB2. CB1.f. CB1.h.
type (see Note (see Note
14 F) G)
16 Other Measures - FT11 Budgeted Operations Note D
17 Budgeted Operations Fund Balances Policy : OUS institutions shall Exception is for construction funded by cost reimbursable grants,
18 develop budgets that target an ending biennial budgeted Note A receivables from SELP loans, COPS reimbursements, and bond
19 operations fund balance of approximately 10 percent of annual Fund Type 20 includes the following fund types: reimbursement resolutions.
20 budgeted operations revenues. For purposes of this policy, FT 21 - Housing
21 budgeted operations funds are defined as all funds included in FT 22 - Student Centers/Activities Note E
22 Fund Type 11 (Education and General) in the Oregon University FT 23 - Intercollegiate Activities Some auxiliary enterprise could have a negative fund balance because
23 System accounting records. Budgeted operations fund balances FT 24 - Health Services their long term liabilities exceed the book value of their capital assets.
are monitored as part of the quarterly projections included in the This would especially be the case if (1)the service life of capital assets is
24 FT 25 - Parking
Managerial Reports provided to the Board; and institution FT 26 - Bookstores less than the repayment period of the long term liabilities, (2) if some of
presidents shall advise the Board in the event projected or actual FT 27 - Other Rentals proceeds of the long term liabilities were used to pay for items that were
26 ending balances for the biennium either fall below 5 percent or expensed (e.g., fixed assets under the $5,000 capitalization threshold)
27 FT 29 - Other Auxiliaries
rise above 15 percent of revenues. Included in the information instead of capitalized and depreciated, (3) the unspent bond proceeds on
28 provided by the presidents is an explanation for the variance and Auxiliary Enterprise capital projects still resides in the Unexpended Plant
29 a plan to rebalance the budgeted operations fund balances over Funds.
Fund Type 30 includes the following fund types:
30 time to approximately 10 percent of annual budgeted operations FT 31 - Federal Funds - Restricted
31 revenues. FT 32 - State of Oregon Funds - Restricted Note F
32 FT 33 - Other Government Funds - Restricted For service departments with multiple funds, individual funds may have an
33 Other Measures - FT13 Service Departments FT 34 - Private Funds - Restricted overdraft, but all funds of the service center taken together may not have
34 See CI.6 for additional information about FT13 Service Center FT 35 - Foundation Funds - Restricted an overdraft.
35 requirements. FT 39 - Restricted Funds Management
36 Note G
For cost reimburseable funds, some universities accrue revenue and an
37 Note C
Exception is for cost reimburseable funds that, at end of fiscal year, accounts receivable to an overall restricted management fund rather than
fund would likely have a negative cash balance and an accounts each individual grant fund .
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