Community Campus Delegation 203: Fiscal Management & Management Reporting
To describe the community campus responsibilities for management reporting.
Management Reporting: The process and methodology for evaluating financial performance a university unit. The report is used to calculate and anticipate the deficit and lapse or carryforward for the fiscal year.
Delegation Authority Community campuses are required to operate strictly within the fiscal limits established by their respective annually adopted budgets and approved amendments, in accordance with university policies and procedures. The Directors/President are responsible for ensuring that deficit spending does not occur within his/her respective unit.
Community Campuses are required periodically to submit management report projection worksheets that contain major object code detail by low level org. The component summaries should include revenue source and major expense category breakdowns (personal services, travel, etc.) The management reports will be transmitted to the UAA Budget Development Office for review and inclusion in the UAA response to SW Administration.
Adherence to policies, regulations, and requirements including the following:
All community campuses have the responsibilities for fiscal management and management reporting expressed in this policy.