The non-contract and grant (C&G) FY2020-21 Deficit Waiver request form is now available. Completed forms are due by Friday, May 28. Requests should be reviewed or submitted by DFLs.
As a reminder, all divisions are expected to meet their operating needs within their available funding; waivers should only be requested for exceptional circumstances. Deficits less than $25,000 are not eligible for a waiver request. Approval decisions on waivers are made by the Vice Chancellor of Finance and CFO, with additional approval required by the Chancellor for waiver requests exceeding $1 million.
To assist in this process, use the fund deficit report in Cal Answers: Dashboards>Finance>Fund Deficits Reporting>Deficits to be Cleared.
Note that you do not need to submit a new request for a previously approved multi-year deficit waiver unless you require a higher waiver amount. To view FY2020-21 waivers that were approved as part of a prior multi-year request, use the waiver report in Cal Answers: Dashboards>Finance>Fund Deficits Reporting>Waivers and Tolerances.
More information about non-C&G deficit resolution policy and processes, including waiver eligibility thresholds, how to clear deficits, and what happens if a deficit is not cleared, is available on the DFL website. If you have other questions regarding the non-C&G deficit clearing process, please contact the Financial Planning & Analysis team at email@example.com with “Deficit Resolution” in the subject line of your email.