Revised 11/3/2005
POLICY: The accounts of the university are maintained in accordance with the principles of fund accounting as established by the Governmental Accounting Standards Board (GASB). This is the process by which resources for various purposes are classified for accounting and reporting purposes into funds that are in accordance with activities or objective specified. Separate accounts are maintained for each fund. The fund groups are: current funds, loan funds, plant funds, endowment funds, and agency funds.
Ledger Group Identifiers
For Expenses |
Fund Number Range |
Parent Ledger Group |
Budget Level |
Child Ledger Group |
Budget Level |
From |
To |
Auxilaries
Auxilaries
Local
Local (unexpended plant) |
10000
14000
20000
28000 |
11999
14999
23999
28999 |
Fund
Project
Fund
Project |
2
2
2
2 |
Fnddtl
Prjdtl
Fnddtl
Prjdtl |
5
5
5
5 |
Appropriation
Appropriation (capital improvements) |
30000
38000 |
35999
39999 |
Fund
Project |
4
2 |
Fnddtl
Prjdtl |
5
5 |
Grant & Contract
Grant & Contract
Grant & Contract
Grant & Contract |
40000
42500
45000
47500 |
42499
44999
47499
49999 |
Grant
Grant
Grant
Grant |
2
3
4
5
|
Gntdtl
Gntdtl
Gntdtl
Gntdtl |
5
5
5
5 |
Scholarships
Scholarships
Loans
Loans
Other Restricted |
50000
55000
62500
67500
79000 |
52999
57999
64999
69999
79299 |
Fund
Fund
Cash
Cash
Fund |
2
2
2
2
2 |
Fnddtl
Fnddtl
Cshdtl
Cshdtl
Fnddtl
|
5
5
5
5
5 |
| Agency |
82500 |
84999 |
Cash |
2 |
Cshdtl |
5 |
Current funds (Auxiliary - 0200-0899, Current Unrestricted - 0900-3999, Current Restricted - 4000-5999) include all of those resources used or available for use in carrying out those operations directly related to the institution's educational objectives. It also includes those funds associated with the operation of the institution's auxiliary enterprises.
Loan funds (6000-6999, not including funds with dept. #8183) are those resources that have been loaned or are available for loans to students, faculty and staff.
Plant funds group (Unexpended Plant - 7000-7699, Debt Service Funds 7700-7899, Investment in Plant - 7900's, not including funds with dept. #8183) includes all of the institution's physical plant assets as well as the monies that are set aside to be used to fund new construction, acquisitions, improvements, debt retirement or renewal and replacement reserves.
Endowment funds (8000-8210, excluding those funds with dept. #8183) includes funds for which the principal is not expendable and that are intended to provide earnings for institutional use.
Agency funds (Student Organizations with department #0066 - 92300-9499, Other Agency Funds - 6700-6999, 9500-9609, Alumni Funds with department #8183 - 8400-8999, 9000-9199, 9610-9999) includes all funds the institution holds as custodian or fiscal agent for, such as student organizations (dept. #0066), alumni funds (dept. #8183) and other non-university organizations. These are funds the university does not own but rather it provides accounting services to the organization or person to which the monies belong. |
