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7.1.50 Non-Appropriated Funds

Policy

Non-appropriated funds are those that are not appropriated by the state of Illinois. The budget for expenditure of non-appropriated funds is, however, approved by the Board of Trustees.

Non-appropriated funds consist of:

  • Restricted/Grants & Contracts (115xx)
  • Auxiliary Facilities System (Bond Revenue-106xx)
  • Service Departments (105xx)
  • Foundation (050)
  • Agency (107xx, 50701)

Non-appropriated funds are held locally at the University.

Non-appropriated funds are subject to the University Guidelines of 1982, amended 1997, (from the Legislative Audit Commission Guidelines) and excess funds tests.

Initiating body: Vice President for Finance and Planning

Contact: Comptroller's Office (309-438-5667)

Revised on: 04/2004


2016-07-28T12:12:30.73-05:00 2016
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