DESCRIPTION OF SUBSIDIARY LEDGER (Revenue/Expense)
Current Unrestricted Revenues
Include unrestricted gifts and other unrestricted resources earned such as student tuition and fees, Indirect Cost Recovery.
Current Unrestricted Expenditures
Include economic resources which are expendable for any purpose in performing the primary objectives of the institution, i. e., instruction, research, and public service, and which have not been designated by outside donors or the governing board for other purposes.
Internally Restricted (Designated)
Include revenues and expenditures of funds expendable for operating purposes but restricted by the University's governing board as to the specific purpose for which they may be expended, i. e., discretionary funds.
Current Restricted Expenditures - Government Grants and Contracts
Include grants from governmental sources for research, training, or other sponsored programs.
Current Restricted Expenditures - Other
Include private grants, gifts and endowment income restricted to a school or a department or restricted for specific operating purposes such as scholarship grants, professorships, purchase of library books, etc.
Plant Fund Expenditures
Are funds to be used for the acquisition, renewal and replacement, and retirement of indebtedness on physical properties for institutional purposes..