What’s New?
Year End Tax Information
The Year End Tax Information page has been updated with information for the 2023 tax filing season.
What do I need to know about Clearing Local Cost Center Deficits?
What are the deadlines?
6/30/2024 Clear Local Cost Center Deficits
What are the key things to know?
- Internal controls require Local cost center balances must be cleared by the end of the fiscal year
- Notices of deficits will be sent to departments monthly beginning in April and continue through the rest of the fiscal year
- To clear a deficit, submit a surplus transfer journal entry, correcting entry or Foundation reimbursement requests
- Deficits that won’t be cleared require an explanation and plan to clear, these explanations will be added to the google sheet link you are provided when initial notices were sent out.
If you have further questions with regards to Clearing Local Deficit Balances, please contact controller@boisestate.edu.