Do you have a 3E self-supporting fund? Do you know that your fund must break even over time, and any accumulated over/under recovery must be included in your rate calculation?
Service centers must operate on a break-even basis. U of I System is a non-profit institution. Policies and regulations require all service centers to break-even over a period of time. It is not appropriate to generate profit from internal users.
In addition, to help service centers work towards breaking even over time, System Government Costing provides guidelines and training on the proper way to determine the over/under recovery to be included in the next year’s rate calculation(s). Just click here to access the System Government Costing website which provides guidelines, training, and resources for your assistance.
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If you have questions about Break-Even feel free to consult System Government Costing’s “Who to Ask” list to find an expert who can help.
