Overview
The Accounting Office is the custodian of the College's non-tax levy funds (including trust and gifts) and several other College entities. The Office spends the majority of its time performing tasks related to the College's non-tax levy funds which include the Trust, Gift and Scholarship Fund, the Campus Schools, the Child Care Center, the College Association, the Auxiliary Enterprise Board (AEB) and the Income Fund Reimbursable (IFR) Fund. As the custodian of these funds, the Accounting Office is responsible for properly recording and disbursing monies, upholding restrictions of the funds, preparation of financial statements and assuring that guidelines set forth by the University's Board of Trustees have been implemented.
A Department or Office can establish a non-tax levy account with the Accounting Office in order to deposit and expend funds for College purposes. The signatories of the account can request a schedule of the transactions in the account at any time from the Accounting Office. All check requests for non-tax levy expenditures are submitted to the Accounting Office for review and processing. Any questions relating to administrative procedures, account purposes or requests for reports can be directed to the Accounting Office at (212) 772-4364.
