Revision Date: 24 August 2015
Errors or changes to: email@example.com
State funded cost centers (20xxxx) - These cost centers are funded by General Revenue Appropriations in the State Treasury. Expenditures in these cost centers must comply with the Regents' Rules and Regulations and the State Purchasing Act.
Locally funded cost centers (31xxxx thru 92xxxx) - Source of funds for these cost centers may be from sales and service, gifts, or transfers. Expenditures recorded in these cost centers are paid from local funds in local banks. Expenditures from local cost centers must comply with the Regents' Rules and Regulations. Listed below are the different types of local cost centers:
31xxxx Designated Funds 32xxxx Service Departments (Telecommunications, Mail Services, Campus Printing) 47xxxx Auxiliary Enterprises and Activities 55xxxx (Gifts)
Restricted (Gift, Scholarship, Endowment Earnings) 81xxxx Loan Funds 92xxxx Agency Funds - Funds Held in Trust for Others (Student Organizations)
Sponsored Projects or Capital Projects - Source of funds are grants and bond proceeds.
Project ID 1xxxxxxxxx or 126xxxxxxx Sponsored Projects-Grants and Contracts Project ID ACxxxxxx or ARxxxxxx Plant Funds