IV. The FY 2019 Non-Operating Budget The non-operating fund groups are a diverse collection of funds that typically work on an expense reimbursement model. For instance, capital and grants are funds that receive spending authority from the state and federal governments; we spend the money on the intended purposes and then seek reimbursement. This group also includes the internal service funds that exist to provide services to the university, generally at cost plus a small markup for asset replacement (such as the motor pool and print shop). Also included in here are the Trust, Loan, and agency funds, for which CWU acts as an agent for resources that are not technically ours (such as student scholarships that come with the students from outside the university). While there are annual anomalies due mostly to our fiscal year cycle not coinciding with the granting authority fiscal cycle, these funds should operate at break-even over time. Below is a forecast for FY 2018 and the proposed budget for FY 2019.
2019 Budget
FY 2018 Preliminary
NON-OPERATING FUNDS
Budget
Actual
% Budget Variance
Budget 2018 vs. 2019
Revenues Capital Funds
35,655 36,489 51,441 50,809
102.3% 834 98.8% (632) 114.8% 1,165 130.7% 1,564 102.9% 2,931 82.7% 6,543 100.4% (214) 86.3% 1,495 146.5% (2,265) 94.7% 5,559
48,504 20,392
12,015
Grants & Contracts Internal Service Trust, Agency & Loan
(30,417) (3,608)
7,846 5,102
9,011 6,666
5,403 9,400
2,734
Total Non-Operating Revenues 100,044 102,975
83,699
(19,276)
Expenses Capital Funds
37,714 31,171 51,412 51,626
48,504 23,399
17,333
Grants & Contracts Internal Service Trust, Agency & Loan
(28,227) (4,024) (13,377) (5,899) 1,541
10,920
9,425 7,134
5,401 8,675
4,869
Total Non-Operating Expenses
104,915 99,356
85,979 (2,280)
Revenue Less Expense
(4,871)
3,619
8,490
23 | P a g e
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