Final Fund Consolidation Memo for FY13 - Madison Budget Office

System (SFS) and Human Resources System (HRS) to begin discussions on the full
implementation of the funding consolidation for each of the respective Systems
beginning in Fiscal Year 2013.
It should also be noted that the Working Group on Auxiliaries and Program Revenue
General Program Operations recommended changes to what should appropriately be
charged to Fund 128 (Auxiliary Enterprises) and Fund 136 (General Operations
Receipts). That recommendation was also accepted and the meeting notes which explain
the new definitions are attached. Institutions should submit their 2012-13 auxiliary
budgets in line with these recommendations. Financial Administration will update all
related Financial Policies by July 1, 2012.
At the recommendation of the UW-Extension Funding Working Group an additional
working group (or working groups if needed) will be established to review the Academic
Information Series (ACIS) 5 and Board of Regent Policy Section 18 regarding the
interinstitutional agreement process, how UW-Extension related funding should be
allocated, budgeted, and accounted for, and to clarify the differentiation between the use
of Fund 189 (Credit Extension) and Fund 131 (Academic Student Fees).
The Working Group on Utilities will also continue to work throughout Fiscal Year 2012
to provide the CBOs with principals and funding distribution recommendations.
If you have any questions regarding the fund consolidation please let me know.
CC:
Chief Business Officers
Auxiliary Budget Officers
Fund Consolidation Working Group Members