Financial Reporting & Analysis
Equipment Trust Fund
Guidelines for Equipment Trust Fund
The Higher Education Equipment Trust Fund (ETF) was established by the General Assembly to meet a need for
new or updated equipment for various educational and general programs in Virginia institutions of higher
education. The State Council of Higher Education (SCHEV) and the Virginia College Building Authority (VCBA)
administer the ETF Program. SCHEV and VCBA sell bonds to raise the funding for this program. As a recipient of
this funding, the University is obligated to meet certain legal requirements associated with this fund, as
established by SCHEV and VCBA. The Budget Office and UVA Fixed Assets Accounting coordinate all ETF-related
activity for the University of Virginia. Please see the University's ETF Policies and Procedures for more
information.
- Background, Restrictions, Tags - Policy: X.C.1
- Equipment Financing - Policy: VII.R.6
- Ordering Equipment Trust Fund (ETF) items - Procedure: 10-30
- Approving payment for equipment - Procedure: 10-31
- Controlling Equipment Trust Fund (ETF) items - Procedure: 10-32
- Preparation of purchase requisition for (ETF) items - Procedure: 10-34
Calendar of Events
2009-2010 ETF CalendarOther Links
Surplus PropertyDevelopment Office
DCI Project
Budget Office - ETF guidelines and equipment request form template