Report Name College/Unit Statement of Operations and Changes to Fund
Balance Report – Operating Funds
Report Number 10515S (5xxx)
Report Description/Purpose
This report provides a summary of Chart 1 financial activity for all operating fund types in a College, School or Unit at the 5-level Org, sorted by operating fund type, for the queried fiscal period in a comparable format to the operating statement in FAST. The report also shows the beginning and ending fund balance for each operating fund type.
By clicking on a revenue or expense title or dollar amount, users of the report can display the 6-digit fund(s) within which the revenue or expense activity occurred.
The following fund roll-ups (administered by the college/administrative units on behalf of central administration) are not included in this report:
100 - Operating Reserve 111 - Future employee benefits
101 - Institutional Operating Budget
102 - Clearing and Suspense Funds
104 - Infrastructure Maintenance
116 - Subsidiaries
117 - Reserves and Appropriations
118 - SWAPS – Natural Gas Agreements
The final page of the report also provides a summary of the aggregate financial activity, for all operating fund types, for the University.
Intended Audience
Deans, Executive Directors, Unit Leaders and those individuals who have been delegated authority to view funds on their behalf.
Report Availability
This report is run at the end of every month and reflects the fiscal year activity to date.
Yearend reports and, effective with the 2014/15 fiscal year, monthly reports will be retained in history.
Report Elements
The College/Administrative Unit to whom the financial activity relates is identified in the report heading.
This report consolidates all financial activity by operating fund type, based on the ownership of the fund rather than on the “organization” codes used to post individual transactions, which is how information is presented in UniFi FAST
Financial information related to each operating fund type is summarized as follows:
Revenues – These amounts represent the total activity in revenue account codes
5xxxx.

Expenses – These amounts represent the total activity in expense account codes 6xxxx
(salary and benefits) and 7xxxx (all non-salary expenses including Internal Cost
Recoveries).
Interfund Transfers – This amount represents the total net amount for interfund transfers recorded in account codes 8xxxx.
Net Increase (Decrease) In Fund Balance – This amount is calculated as Total
Revenues minus Total Expenses and represents the net change in the fund balance for the period queried.
Fund Balance, Beginning of the Period – This amount represents the total fund balance in account codes 4xxxx (balance sheet) at the beginning of the fiscal period queried.
Fund Balance, End of the Period – This amount is calculated as Net Increase
(Decrease) In Fund Balance plus Fund Balance, Beginning of the Period and represents the fund balance position at the End of the Period queried.
Additional Notes
For transaction details, users need to query FAST using the funds identified by drilling down on the individual revenues and expense lines.
Fund details (a listing of funds that make up the balance) on “Fund Balance, Beginning of the Period” can be obtained from Publisher Report 4992.