Commonly used budget terms
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Cheney, WA 99004
- Account Code
- Administrative Exempt Classification Schema
- Budget Encumbrance Management (BEM)
- Budget Revision (B/R)
- Capital Budget and Ten-Year Capital Plan
- Classification Schema (Washington State)
- Comprehensive Budget level (CBL)
- Council of Presidents (COP)
- EWU Foundation
- Fiscal Year
- Full time equivalent (FTE)
- Full time equivalent Faculty (FTEF)
- Full time equivalent Student (FTES)
- General Funds State
- Higher Education Coordinating Board (HECB)
- Office of Financial Management (OFM)
- Organization Hierarchy
- Payroll Action Form (PAF)
- Position Numbers
- Reserve Index
- Revised Code of Washington (RCW)
- State Object Code
- State Program
- Student Credit Hours (SCH)
- Supplemental Budget
- Unrestricted Net Assets
- Washington Administrative Code (WAC)
This is a five-character code that identifies objects, such as the general ledger accounts (assets, liabilities, control, fund balances) and the operating ledger accounts (income, expenditures). The account is a line item within an institution's financial structure. Account codes may be established in a hierarchy of up to four levels for roll-up and reporting purposes.
Job class, title and pay range for administrative exempt employees at Eastern.
A state agency's plan of estimated expenditures and revenues for each month of the biennium.
The legislative authorization to make expenditures and incur obligations from a particular fund. Appropriations typically limit expenditures to a specific amount and purpose within a fiscal year or biennial timeframe.
A two year time period. Washington State makes funding decisions on a two year cycle. The biennium begins on July 1 of an odd numbered year and ends on June 30 of the next odd numbered year. For example: July 1, 2011 through June 30, 2013 is the 11-13 biennium.
Budget Encumbrance Management (BEM) is a process used by the Budget Office to post salary and benefit encumbrances on the Banner Finance System. BEM is processed after each payroll run. BEM provides up-to-date salary and benefit budget information on Banner Finance.
An internal form used for authorization to change a budget.
The long-term financing and expenditure plan for acquisition, construction, or improvement of fixed assets such as land and buildings.
Washington State Department of Personnel (DOP) classified employee job class code list, position descriptions and salary ranges.
Comprehensive Budget Level (CBL) tracks Eastern's future fiscal year budget (both permanent and temporary funding). Throughout a fiscal year, the Budget Office tracks the annual impact of any spending or hiring decisions in the CBL system. CBL is further adjusted for any known future cost impacts such as classified step increases or legislated changes in benefit rates. CBL is distributed regularly to budget managers for review.
A voluntary association of Washington's six public baccalaureate institutions of higher education to coordinate various groups and activities undertaken in the interest of higher education. COP cooperates with a number of state agencies and the legislature to provide information and assistance in higher education policy development.
To remove funding from a budgeted position for the current fiscal year only. The position remains funded in future years.
A separate entity from Eastern Washington University to identify, promote, receive and manage all private gifts from individuals, corporations, foundations and associations to EWU.
Eastern operates on a July 1 through June 30 fiscal year.
July 1, 2011 to June 30, 2012 = FY12
July 1, 2012 to June 30, 2013 = FY13
The seven-element Chart of Accounts structure that defines the accounting distribution used on all transactions processed in the Banner Finance module.
This is made up of Fund, Organization, Account and Program
A measure used in presenting statistical data on all employees.
one 12 month, 100% time employee = 1 FTE
one 9 month, 100% time faculty = 9/12 or .75 FTE
2,088 hours of paid staff time per year
A measure used in presenting statistical data on faculty. One 9 month, 100% time faculty = 1 FTEF
A measure used in presenting statistical data on students. The calculation depends on the credit value of the course and the number of students enrolled in a given quarter.
For 100, 200, 300 and 400 level courses:
(Course credit hours * Student enrollment in class )/ 15 = 1 quarterly FTES
For 500 and 600 level courses:
(Course credit hours * Student enrollment in class )/ 10 = 1 quarterly FTES
Average Annual FTES - calculated by adding the quarterly FTES for Fall, Winter and Spring quarters and dividing by 3.
This is a six-character code that identifies a self-balancing set of accounts and identifies ownership and funding source. Balance sheets and revenue/expense reports can be produced in BANNER for any fund, which can be restricted (permanently or temporarily) or unrestricted. Fund codes may be established in a hierarchy of up to five levels for roll-up and reporting purposes.
Funds authorized by the Washington State Legislature to support the instructional activities and services of the university; including teaching, research, student services, libraries, administration and maintenance of the campus physical plant.
The Washington State Higher Education Coordinating Board (HECB) is a nine-member board of citizens, appointed by the governor, to represent the broad public interest in the development of higher education policy.
The Board administers state-funded student financial aid, and performs some oversight and authorization functions in addition to its financial aid and policy duties.
Index Code is a 6 character short-cut that represents a fund, organization and program code or Banner Finance.
The Office of Financial Management provides vital information, fiscal services and policy support that the Governor, the Legislature and state agencies need to serve the people of Washington State.
This is a five-character code that identifies a unit of budgetary responsibility and/or departments within an institution. It is normally used to define "who" spends the money.
Structure in Banner that allows grouping for reporting purposes. The two main organizational hierarchy levels are 2 digit and 3 digit.
- 20 is the 2 digit org for Academic Affairs
- 220 is the 3 digit org for College of Business & Public Administration
An internal form used to process paychecks for employees of the university.
Descriptions of Eastern's position number schema Banner HR/Payroll.
This is a five-character code that identifies a function and enables the institution to establish a method of classifying transactions across organizations and accounts.
Funds that were allocated by the state through the operating budget of Eastern Washington University for a specific use.
Authorization to continue to spend capital appropriations that were unspent in a prior biennium.
An index assigned to each unit for holding unallocated funds. Expenditures should not be made directly out of these indexes. Budget revisions move funds to and from a reserve index.
The laws of a general and permanent nature in the state of Washington. RCW Title 28B deals specifically with Higher Education.
A code assigned by the Office of Financial Management (OFM) for reporting expenditures to the State of Washington.
Object Code Title
A Salaries & Wages
B Employee Benefits
C Personal Services
E Contractual Services, Goods & Services, Indirect Cost
J Equipment, Capital Outlay
N Grants & Subsidies
P Debt Service
A term defined by the state of Washington to divide the expenditures into broad categories. Each category is assigned a specific number.
Program 01X -- Instruction
Program 02X -- Research
Program 03X -- Public Service
Program 04X -- Primary Support Services
Program 05X -- Libraries
Program 06X -- Student Services
Program 08X -- Institutional Support
Program 09X -- Plant Operation & Maintenance
Program 100 -- Sponsored Programs
Each Index in Banner Finance is assigned a program number based on the category of expenditures from that account. The state frequently requests information on expenditures within a specific program category.
Also see Program (Banner Finance) above.
A measure used in presenting statistical data on students.
Number of Credits * Headcount in class = SCH
Any legislative change to the original budget appropriations.
To remove funding from a position in the current year and in future years. The position no longer exists in the budget.
The carry forward balance in a general ledger account.
WAC's are the written procedures of a state agency that are required to be adopted under certain legislation or if the agency procedure affects the general public.