Funding Approval

Projects proposed for amendment into the capital program should have an identified fund source or sources. Below is a brief description of the types of funds available for academic projects.

Fund Types:

CSU Reserves (Pay-As-You-Go, or PAYGO)
The authority also allows for the use of cash on hand, whether from appropriated funds from the Budget Act, interest earnings, or other sources.

Campus Reserves
Similar to CSU Reserves, a campus may use its local operating fund reserves, current year tuition fees, interest earnings, and donor funds, to support academic projects.

References:

• Use of General Fund Support Appropriations for Capital Expenditures and Capital Outlay Projects: CA Education Code 89770
  
• New Capital Financing Authority and Revisions to the California State University Policy for Financing Activities: RFIN/CPBG 11-14-01
• CSU Legal Accounting and Reporting Manual: Chapter 15

Forms/Templates: 

N/A