Resources
The Office of the Treasurer is the steward of the University’s financial resources, practicing sound financial management in support of academic, scientific and faculty excellence. Reporting directly to the Vice President for Finance, the Treasurer’s office ensures the sustainability of the University’s mission and goals by:
Treasury manages the University bank accounts, funds them, and invests any excess balances daily to optimize return on operating cash. Treasury also maintains adequate access to cash in order to meet forecasted liquidity needs.
Treasury issues and manages both long-term and short-term debt on behalf of the University. The University issues debt primarily to fund capital expenditures. Treasury also manages the interest rate risk of the University’s debt portfolio through its Interest Rate Risk Management Program.
Treasury acts as the bank for the University's departments and schools. It provides internal loans to meet projected funding needs and provides investment options and advice for units that want to invest excess cash.
Treasury Management manages the short-term investment of the University's working capital and oversees its long-term investments with the University of Virginia Investment Management Company (UVIMCO). The short-term investments are managed to provide the University with sufficient liquidity and safety for operating cash. Long-term investments are invested according to the guidelines in UVIMCO's Investment Policy statement.
How do I submit a wire request?
With the implementation of Workday Financials, schools and departments can no longer request wire payments. The payment type is now determined by how the supplier is set up through PaymentWorks. If your department is working with a Supplier, please have the supplier enroll in PaymentWorks for ACH payments.
Deposit Slip Request
Before submitting a deposit slip request, please review the information below to ensure you have everything you need. Departments may request deposit slips for two different reasons: reordering existing slips or requesting them for the first time. This page will help you determine which option applies to you and what information to gather before beginning the form.
Why You May Be Requesting Deposit Slips
Departments request deposit slips for one of the two situations below:
The non-RDS deposit form is to be used by department who do not have access to a remote deposit scanner (RDS) either in their department or in their school/unit. Check with your school/unit's finance department to see if another department has a remote deposit scanner. Deposits should only be in the form of a check. We do not accept Cash. Cash should be taken to the bank.
Moody's AAA Rating Report 2024
This is the Change Fund Reconciliation Form.
Please use the Petty Account Request form attached and email to [email protected] with signatures
How do I process a refund for revenue?
If you have deposited revenue, you may come across times that you need to refund the customer. The process for refunding the money is different depending on how the revenue came into the university.
The attached pdf provides information on Fund Balance Ownership through the transition to Workday Financials.
Debt Accounting is responsible for the accounting of the University’s external and internal debt in compliance with state and University guidelines and provides support to Treasury Management to create and monitor debt capacity models and financial schedules to measure the maximum amount of debt that the University may issue and help maximize the use of debt funds. In addition, this function maintains debt executive summaries to analyze the financial strength of the University in comparison to other public universities.