FIN-033
This policy establishes guidelines and expectations for fund balance management to: (1) facilitate the prudent management of balances; (2) maintain sufficient entity-wide liquidity; and (3) further fiduciary responsibility of all schools and units. The policy explains fund balance monitoring and the actions taken to address fund balance deficits.
Applies To
The College at Wise
Contact Office
Treasurer (Office of the)
Keywords
cash balances, cash deficits, budget deficit, fund balance, fund deficit, transfers
Last Revised
Major Category
Finance and Business Operations
Oversight Executive
Vice President and Chief Financial Officer