Financial Health and Compliance Indicators

The Financial Health and Compliance Indicator procedure was developed, approved and became fully effective in fiscal year 2012. This procedure replaces the Exception Reporting procedure.

The procedure identifies several short and long term factors regarding the financial health of an institution, including the composite financial index, or CFI. Another key factor identified for use in this procedure is negative operating losses.

Board Policy 7.3 Financial Administration

Procedure 7.3.16 Financial Health and Compliance Indicators

Reporting Forms and Due Dates

• CFO Certificationfor the Quarter ended June 30, 2016 is due July 31, 2016.
• FAQ CFO Certificationwill be updated as questions are asked answered. Feel free to contact us if your question is not answered in the FAQ.
• Cash Flow Forecasting Instructions
• Cash Flow Forecasting Template

Exception Reporting Archive

Exception reporting for previous reporting periods has been archived. The reports are organized by fiscal year, quarter and by measurement metric.

If you have questions or comments please email us (financialhealth@so.mnscu.edu) or refer to the staff directory link at the top of this page for additional contact information.