Resources

Financial Planning & Analysis Summary Reports for Fiscal Year 2022

A PowerPoint presentation on understanding F&A rates.

F&A Distribution by Project for FY22, in Excel spreadsheet format (.xls or .xlsx).

SESAC Performance License for Colleges and Universities. Access to this form requires Netbadge

University's agreement for the use of music owned by BMI.

American Society of Composers, Authors, & Publishers licensing agreement with the University.

Our mission is to ensure the ongoing fiscal integrity of the University through the effective management of all of its Fixed Assets (Land, Buildings, Infrastructure, Equipment, Vehicles, Software, Library Books, etc.) policies. This includes the review and analysis of capital building projects, the capitalizing of all University Fixed Assets, the maintaining of an accurate Fixed Assets System, and the conducting of annual inventory audits. The Fixed Assets Accounting Group is responsible for providing financial reporting to the University, the Commonwealth, and other regional and national agencies, including federal sponsors such as NASA and the Department of Defense. We are also responsible for administering the Equipment Trust Fund (ETF) program.

This source of funds is derived from the application of a negotiated indirect cost recovery percentage to grant and contract expenditures. They represent the recovery of the fair share of the Facilities and Administrative costs of the University in support of sponsored programs activities. The "F" parts of F&A include the costs of the buildings and equipment, utilities, the maintenance of buildings, and the cost of the University's libraries. The "A" parts include central administration, school and departmental administration, and the Office of Sponsored Programs. F&A recoveries are distributed to departments and schools based on a formula approved by the academic vice presidents and administered by Financial Planning & Analysis.