FUNDS: How we are organized As a state agency, the university accounts for its operations in funds. The organization and numbering of these funds generally align with those the State of Washington uses. CWU groups these funds into two major classifications: operating funds and non-operating funds. Operating Funds This group of funds supports business-like activities; there is an exchange of money for a service or product between two unrelated parties. While there are many operating funds, they are organized into four main groups: 1. State and Tuition Funds – this is where the majority of the activities of teaching and learning takes place, and represents about 60 percent of the total operating fund budget. This is where we recognize most of the tuition paid by students for the three terms (Fall, Winter, Spring) of instruction, as well as the state allotment. Currently tuition from students represents about half of the revenues and the state allotment makes up the other half. The other contributor to this fund group is the administrative fee charged to most self-supporting units outside of this fund group to subsidize the cost of institutional overhead. 2. Local General Funds – most of the revenue in these self-supporting units comes from fees. About a third of the fee revenues are related to summer instruction ($10M) and another third comes from Dedicated Fees ($11M), which are restricted to a particular purpose such as the Athletics fee. The remainder is a myriad of fees such as course fees, fees for continuing education, etc. 3. Enterprise Funds – this fund group includes Housing and Dining, the Wildcat Shop (bookstore), and Parking, commonly known as the ‘auxiliaries.’ All of the units in this fund group are self-supporting and together with the Student Activities fund group make up the “CWU System,” which is capable of issuing bonds to construct new facilities, such as residence and dining facilities, and the Student Union and Recreation Center (SURC). The CWU System recently issued $48M in bonds to construct Dugmore Hall, a 402-bed residence hall and accompanying dining facility. 4. Student Activities Funds – this self-supporting fund group receives three main fees from students to support student activities. The Services and Activities Fee (S&A) is defined in statute and is a component of tuition (about 10 percent) that supports much of the student programming that happens in the SURC. The S&A fee is governed by an S&A committee, and makes up about half of the total Student Activities fund group revenues ($6.5M). The rest of the revenues come from fees dedicated to the operation of, and bond payments related to, the Student Union facility ($3.3M) and Recreation Center ($3.7M).
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