Self-Supporting Budget

• Generate revenue sufficient to cover their expenditures.  They do not rely directly on state appropriations or grants.  Excluded from this definition are grants, plant funds, loan funds, endowment funds, and scholarship funds.

• Generally are established for a specific purpose.  Expenditures charged against them should be related to the particular account's purpose.

• If a self-supporting account has a cash surplus or deficit at the end of the fiscal year, the surplus or deficit will carry forward (i.e., roll) into the next fiscal year.  Deficits and excessive surpluses are discouraged, monitored on a quarterly basis, and must be resolved quickly.

• Are self-supporting accounts exceeding $25,000 of projected annual expenditure activity within a fiscal year or funding .50 FTE or greater.  Budgets must be submitted annually.

• Have a revenue budget and an expenditure budget.  Both of these budgets are equal in amount.

• Include the following funds: 2202, 2205, 2221, 2222, 2226, 2305, and 2457

• Are self-supporting accounts not exceeding $25,000 of projected annual expenditure activity within a fiscal year.  Budgets do not need to be submitted.

• Commonly used funds are 2220 and 2300