Funds Management

The proper stewardship of the University's financial resources begins with understanding the type of funds that are available to you and the restrictions associated with those funds. Individual fund balances are controlled by the fund owner and the owner of the fund has the fiduciary responsibility for the prudent management of fund balances.

Related Resources

The university receives money from a variety of sources such as individual or corporate donors, government agencies, non-government sponsors and tuition. Many of these sources put restrictions on how the money is spent. To ensure that monies are spent for their intended purpose, the University utilizes multiple fund types and has restrictions on the movement of money between these funds.

A one page reference to the Budget Planning System (BPS) modules

To check for any underwater endowments, use the Underwater Fund Report section of the Endowment Financial Dashboard located in the OBI Revenue and Fund Management Reporting dashboard.
A financial reporting job aid providing brief notes on selected financial reports recommended for answering the questions, "How have we been doing?", "How are we doing?", and "How do we think we will be doing?".
Slides from the Finance seminars held in the Fall 2018. The initial sessions provided a broad overview of the considerations when initiating a financial analysis and report.
An overview of why and how to create a midyear financial forecast.
Instructions and links to OBI report customizations for the OBI RFM Fund Trend and OBI CER Expenditure Trend reports.
The operating budget savings policy will be the same as it has been for the past three years. Departments and programs will be allowed to move all operating budget general fund surpluses to their Budget Savings account. The 2020/21 Budget Savings Policy & Process is applicable for FY22. This policy will be reevaluated for FY23.
A user guide to running the Non-OB report from the H&S Financial Dashboard.