Allocations

Allocations refers to the mechanism that distributes charges over a range of cost objects based on specific criteria. The list below includes the major allocations processed by Accounting along with their frequency.

Annual Allocations
Quarterly Allocations
Spring and Fall Allocations

Annual Allocations

Self Insurance

Self Insurance is for general and professional liability. The annual premium is distributed based on original budget for cost centers. Equipment and scholarships are excluded from the calculation. Self Insurance is posted in December. For more information on this allocation, please contact Diane Ciecior via email or at 472-2705.

Building & Contents Insurance

Building and Content (Property) Insurance is for replacement coverage of property. The annual premium is distributed based on building valuations updated annually by Facilities Management and equipment maintained in the SAP Fixed Asset System. Building and Content insurance is posted in December. For more information on this allocation, please contact Diane Ciecior via email or at 472-2705.