Finance
Records relating to the management of York University and unit financial resources.
FIN30
University Budgets
Consists of records relating to planning, control and follow-up of the annual University budget and its components (operating funds, investment funds, research funds, special funds, trust funds). Records may include year-end financial statements, budget frameworks and rules, budget estimates and submissions, approved budgets and revisions, bridging summaries, monthly budget summaries, related documentation and correspondence.
Office of Primary Responsibility
Finance
Retention
Permanent
Disposition
n/a
Other Copies
Retention
Until operational use ceases
Disposition
Destroy
See Also
Retention Rationale
The Income Tax Act, R.S.C. 1985, c. 1 (5th Supp.) s.230 (4)(b) requires that books and records be kept until the expiration of six years from the end of the last taxation year.
Approved by University Secretary and General Counsel on 2010-09-30