UNDERSTANDING THE BUDGET

GENERAL FUND TYPES

Designated Fund – Contains unrestricted funds for a specific purpose. Restricted Fund – Contains funds restricted by an external source. Agency Fund – Established for affiliated organizations such as athletics.

SPECIFIC ACCOUNT CATEGORIES

Unrestricted » Budget Account

Restricted » Endowed Income, Grants, Other Restricted Gifts or Payments Loan » Student and University Loans

Endowment/Annuity » Principal Portion of Endowed Gifts and Annuities

Capital » Building and Equipment, Repair and Replacement

Auxiliary » Non-University Activities, Student Activities