Financial Deficit Report - Operating Funds

• The Financial Deficit Report - Operating Funds gives users the choice of viewing deficits of any dollar amount or only those deficit balances greater than $25,000.
• Capital Asset expenditures are included in the calculation for Resources Available.
• The report is run for a single Accounting period for an individual FinUnit or for any level of the FinUnit Hierarchy.
• The report groups data by Fund categories based on the Managerial Reporting Fund Hierarchy with the exception of Contracts & Grants/Sponsored Projects which are available on the Financial Deficit Report - Sponsored Projects.
• Most Funds display deficits at the FinUnit/Fund level only, while Recharge Operating Funds include Project to allow identification of unique recharge activities.
• Internal Loan Funds 13042 are excluded from this report.

This report answers the following questions:

• What are the financial deficit balances that exceed $25,000 and must be addressed with a resolution plan according to UC San Diego's deficit policy?
• What are all the financial deficits balances at the VC, Division, Department or FinUnit level?

Use these parameters to filter for the data you want to see.

• Accounting Period is a required prompt.
• Select Yes to only display deficits over $25K; if no selection, all deficits will display.
• Financial Unit Level 2 is the VC.
• Level 3 is the School.
• Level 4 is Department.
  
• Selection Values include both code and description.  
• The FinU Levels and FinU filters are used individually to produce desired results.
  
  

Results display in 4 tabs:

• Core Funds
• Other Unrestricted Funds
• Recharge Operating Fund 12100
• Restricted Funds

These fund groupings are based on the Managerial Reporting Fund Hierarchy.

• For the Core, Unrestricted and Restricted tables, the query displays 10 column labels representing the fin unit level, fin unit and fund.
  
• Six amount columns display the Beginning Net Position, Total YTD Resources, Total YTD Expenses, Ending Net Position, Capital Assets purchased since July 1, 2020, and Resources Available.  
• For the Recharge Operating Fund 12100 table, the project code and project description columns are added.
• Refer to the Data Glossary under Get Started on the main BI & Financial Reporting Blink menu for searchable data descriptions and usage rules.