If your unit manages self-supporting funds, are you familiar with the excess funds policy (22.2 Self-Supporting Excess Funds)? If not, see below for a few quick highlights of the information provided within this policy:
- Overview of the updated process for the annual excess funds calculation.
- Information regarding the new voluntary lapse option.
- Guidance on the parameters required to submit a voluntary lapse request.
Contact
For further information on this topic, refer to the Business & Finance Who to Ask list and search on “Self-Supporting Funds”.