A monthly cash flow analysis of unrestricted operating funds that shows whether at any point the institution will be short of meeting its payroll obligations or other critical operating needs, particularly those that relate to the safety and well-being of students; • The availability of one-time, unrestricted cash available to the institution for meeting operating obligations; • A FY25 year-end projection of all operating funds that includes a projected net balance if no expense reductions are made. Key assumptions should be clearly delineated along with the ability to adjust some assumptions to create scenarios from best case to worst case; • Identification of significant spending increases or irregularities from prior years and options for spending reductions. Any legal barriers or processes required to be followed in making such reductions should be outlined; • Identification of any prior year expenses that were not appropriately accounted for in the university financial statements; and • Identification of any other accounting, purchasing, or financial irregularities or errors found during the review (i.e., misuse of funds).
