The Capital Planning group is responsible for producing the annual private business use calculation required by the IRS for tax-exempt financed facilities. The calculation is included by the Controllers’ Tax group in the University’s 990 tax filing. By
- • October 1st of each year: Treasury identifies those schools and departments whose activities need to be included in the calculation.
- • By February 1st of each year: responsible units identified by Treasury must complete their analyses and provide certification on use of bond-financed facilities to the Capital Planning group.