Budget Balance Available (BBA)
Faculty department accounts (startups) on the general ledger are deficit spending accounts. At the end of each fiscal year, the college transfer funds to zero out the deficit balance. The department needs to keep track of each faculty’s overall balance remaining, separately from the general ledger.
BBA stands for “Budget Balance Available” – think of this as each faculty member’s “checkbook balance”. We provide this report to each faculty member quarterly but they can request an interim report anytime
ABR stands for “Automatic Budget Restructuring” – this is the college’s way of neutralizing out-of-state tuition costs of GRA’s (Graduate Research Assistants) paid out of the faculty member’s start-up, the college gives you them a credit for the difference in tuition costs between in-state and out-of-state tuition
GFSA stands for General Funds Spending Authority – these are budget transfers between the college and the faculty member. The best way to explain it is they spend in a deficit throughout the year and then the college reimburses them at the end of the year
Step by step instructions on how to calculate a BBA can be found in Box:
Physics Admin Info/Resources/Fiscal Info/BBA Instructions.pdf