Revolving Accounts
Contact Person:
Nicole Weatherby
Welcome to the Revolving Account section of the Financial and Cost Analysis web site.
Revolving accounts track operations on campus that provide goods / services
for a fee and are intended to be self-supporting (i.e. generate enough
revenue to sustain on-going operations). The Office of Financial and Cost Analysis
is responsible for administering these accounts. Part of that administration
includes approval of establishing new accounts, modifying existing accounts
and closing accounts when appropriate. Additionally, there are other
applicable issues depending on the nature of the operation of the account
(e.g. Unrelated Business Income Tax, documenting fee structures for
operations that service certain grant accounts, reversion of excess
working capital to the appropriate funding source).
Because the nature of each revolving account is unique, we encourage you to
contact us when considering establishing any new accounts or modifying existing
accounts. We are always happy to facilitate the goals of your accounts and will
help you identify any administrative issues that need to be addressed. For questions
regarding revolving accounts, please contact John Thelen at 355-5026 ext. 4.