Back to index of Exception Reports
| Measurement | Trigger |
| 4. Board required reserves - three year consecutive history | Failure to adhere to approved plan |
| 5. Net budgetary operating revenue over a two-year period | Two consecutive years of negative net revenue for colleges and universities with a budgetary fund balance <20% of revenues |
| 6. Personnel costs as a percentage of total expenditures (compare to prior 3-year average) | ??5% over three-year average |
| 7. Cash and investments compared to number of months of operating expenses | Less than 2 months |
| 9. Repair and replacement expenditures (over a 3-year period) compared to budget and plan (issued by the Facilities Unit) | Material variance from plan |
If you have questions or comments please email us ( accounting@so.mnscu.edu) or refer to the staff directory link at the top of this page for additional contact information.
