If your unit manages self-supporting funds, it’s important to be aware of Section 22.2 (Self-Supporting Excess Funds) of the Business & Finance Policies & Procedures. Below is a brief summary of what this policy includes:
- An overview of the annual excess funds calculation
- An explanation of how the voluntary lapse process works
- Guidelines for submitting a voluntary lapse request
Contact
For more information, refer to the Who to Ask list and search for “Self-Supporting Funds” to connect with the appropriate subject matter experts.
