Private Use Calculation for Tax-Exempt Bonds

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.