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What Self-Supporting Funds are, Contacts, and Resources.
A Self-Supporting Fund is a Fund that receives its money from revenue generated by selling products or services to customers. The activity that generates the revenue is called the self-supporting activity. Each self-supporting Fund has an associated self-supporting activity that supports the Fund. These Funds are managed as a business-like operation, with the objective of generating sufficient sales revenue to finance the associated costs. The self-supporting activity generates sales revenue by providing products or services to customers. Customers may include other university units, faculty/staff/students, the general public, and other external entities.
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Keywordsself-supporting funds, fund, fund code, obfs, accounting, financial, resources, AITS   Doc ID85574
OwnerAITS Service DeskGroupUniversity of Illinois System
Created2018-09-10 14:51:50Updated2024-05-08 10:01:02
SitesUniversity of Illinois System
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