Fiscal Accountability Framework
View Tier Level Definitions
Status of Key Issues
| Work Group (with links to additional information) |
Issue | Work Group Ranking (Tier Level) |
Steering Committee Ranking (Tier Level) |
| Auditing | Post Transaction Reviews | - | 2A (see note b) |
| Communication | - | 2B | |
| Auxiliary Enterprises & Other Activities | GASB 34/35 implementation | - | 2B |
| Designated operating funds | - | 2A | |
| Public/private relationships | - | 2B | |
| Student centers | - | 3 | |
| Fees | - | 2B | |
| Consolidated building fee debt pool | - | 3 | |
| Building and equipment repair reserves | - | 3 | |
| Athletics/other auxiliaries | - | 3 | |
| Residence hall emergency bond fund | - | 3 | |
| Information technology | - | 3 | |
| Budgeting | Process disconnect | - | 2B |
| Budgeting coordination | - | 3 | |
| Budget reconciliation | - | 2B | |
| CO communications | - | 2B | |
| Roles of the CO and institutions | - | 2B | |
| Debt Financing & Management | Decentralization of debt management | - | 1A |
| Financial statement presentation of institutional debt | - | 3 (see note c) |
|
| Institutional debt service estimates | - | 3 | |
| Responsibility/authority disconnect | - | 2B | |
| Reprioritization of projects by DAS | - | 3 (see note d) |
|
| Oregon baccalaureate bonds | - | 3 | |
| Documentation of Governance & Administration | N/A | N/A | (see note f) |
| Endowment Management | Central management of endowments | - | 1A |
| Adjusting endowments on institutional books | - | 3 (see note c) |
|
| Raising threshold for classifying non-designated donations | - | 1B | |
| Facilities Management | Current regulations | - | 1B |
| Reprioritization of projects by DAS | - | 3 | |
| External lobbying | - | 3 | |
| Student building fee process | - | 3 | |
| Financial Reporting | Distribution of financial reconciliation | - | 2B |
| Consistency between reports | - | 3 | |
| New and incremental GASB reporting requirements | - | 3 | |
| Financial statement presentation of bond and COP debt | - | 2B | |
| Endowment investment valuation at fair value under GASB 31 | - | 2B | |
| Securities lending transactions under GASB 28 | - | 2B | |
| Information Technology & Services | N/A | N/A | (see note e) |
| Legal Issues | Responsiveness | - | 3 |
| Legal Resources | - | 3 | |
| Managerial Reporting Recommendations | Develop content and process for improved managerial reporting within the System | - | 1A |
| Payroll | Taxpayer ID | - | 1A |
| Migration and modification management | - | 2B | |
| Consistency and accuracy of data | - | 3 | |
| Procurement | Accountability | - | 2B |
| Regulatory relief | - | 1B | |
| Inconsistency | - | 2B | |
| Improved coordination | - | 3 | |
| Research & Sponsored Programs | Authority for F&A rate process | - | 1A |
| Taxpayer identification numbers | - | 1A | |
| Chancellor's Office sub-awards | - | 2B | |
| Chart of accounts | - | 2B | |
| Payroll encumbrances | - | 2B | |
| Cash management | - | 3 | |
| Delegation of legal authority and regulatory relief | - | (see note a) | |
| Risk Management & Insurance | Risk identification and analysis | - | 2A |
| Fiscal Accountability | - | 2B | |
| Inadequate or non-existent coverage | - | 1B | |
| Need to provide affordable student health insurance | - | 3 | |
| Student Financial Aid | Role of the Chancellor's Office | - | 2B |
| Consistency | - | 2B | |
| Interpretation | - | 2B | |
| Authority vs. responsibility | - | 1A | |
| Taxation | Federal tax identification number | - | 1A |
| Accessibility to legal guidance | - | 2A (see note b) |
|
| Communication and training | - | 3 | |
| Treasury Management | Decentralized treasury management/separate treasury bank accounts | - | 1A |
| Separate tax IDs | - | 1A | |
| Responsibility for financial management/cash and fund balances | - | 1A | |
| Growth of funds | - | 1B |
Notes
The schedule above reflects rankings assigned by the Steering Committee up through December 18, 2001.
a - This will become a separate deliverable for the project - to formalize a process for dealing with future changes (as decided at the 10/25/01 Steering Committee meeting).
b - The Steering Committee identified this as Tier 2 issue and requested the work group to fully develop a recommendation.
c - The Steering Committee determined that this issue should be moved to the financial reporting work group.
d - The Steering Committee determined that this issue be moved to the facilities management work group.
e - At their November 29, 2001 meeting the Steering Committee determined that the deliverables of this Work Group be moved outside the Fiscal Accountability Framework project. When the deliverables for this Work Group are completed they will be included in the codified policies (just as for the other Work Groups).
f - This Work Group's charge is to document current statutes, rules, and policies for governance of the System. The Work Group's charter did not include making recommendations, which is outside the scope of the Fiscal Accountability Framework project.
