OperatingBudgetManual2015

Operating Budget Manual – August 2010

C. Technical Instructions This section provides technical instructions for completing various parts of the budget. Included are the following: Along with the Financial Plan materials, campuses are requested to submit a formal Financial Management Strategy that identifies their strategy to manage across all funds and how the enacted budget will impact their campus operations. This information provides the necessary information to monitor campus activity and provides a framework for discussions relating to the SUNY Budget Request and SUNY Budget implementation. C.1 – Campus Financial Management Strategy The Financial Plan Letter is the formal document providing the campus allocations as well as other technical details, deadlines and instructions. A list of the anticipated schedules for the Financial Plan Letter is included for campus planning purposes. C. 2 – Financial Plan Supporting Details The annual State budget appropriation bill for the State University of New York separately identifies amounts for a number of University-wide programs, or temporary allocations. These programs typically pertain to multiple campuses, although some programs are directed to a single campus. C.3 – University Wide Programs The University’s core operating budget is supported by two major sources, State tax support and University generated revenue (i.e., the revenue offset component). The offset component includes revenue generated by the University from sources including tuition, certain fees, clinics, interest earnings, assessments for M&O on residence halls, and fringe benefits. C.4 – Revenue Guidelines A portion of the University’s Core Instructional Budget is supported, in lieu of state tax support, by fringe benefits assessed on personal service activity associated with campus special revenue fund activity. C.5 – Pooled Offset Targets The University has several funds available for use by the campuses. Details related to each fund are provided in this section. C.6 – Special Revenue Fund Guidelines In accordance with the Income Fund Reimbursable (IFR) Program policy and guidelines issued December 2, 1996 SUNY campuses are authorized to establish funded reserves as necessary for the long-term financial stability of the IFR program. This includes accounts in the General IFR, SUTRA and Stabilization Funds, as well as the HIFR-IFR programs. C.7 – Special Revenue Fund Reserves

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