Records of the management of University operating income and borrowed money.
Responsible Unit | Information Steward | Information Confidentiality Classification | Retention | Disposition | Retention Rationale | Version Information
Content & Scope
The University's main sources of operating income are government grants and tuition fees. The University's practice is to invest cash until it is needed.
The records include investment certificates, lines of credit records, term loans, brokers' statements, and related correspondence.
Responsible Unit
Finance.
Information Steward
Vice President, Administration & Finance.
Information Confidentiality Classification
Confidential.
Retention
7 years after maturity of investment or loan.
Disposition
Secure Destruction.
Note
Responsible Units should document the disposal/destruction of official records using the University records destruction form or equivalent documentation, to verify that we are following our records retention rules.
Retention Rationale
The retention period is based on operational use.
Approval Date
14 April 2010