Fiscal Year Closing

The College’s fiscal year runs from July 1st through June 30th. Organizations that receive Student Activity Fee funds through CSI should consider this as their budget year. All accounts must be justified within the context of their approved budget during this time period. Club spending concludes April 30 to give time for fiscal year reconciliation prior to the end of the academic year.

Remaining surpluses or deficits that exist at the end of the fiscal year will be evaluated by CSI to determine what action, if any, should be taken.