What is the difference between the Auxiliary Trust Fund and E&G?
The Auxiliary Trust Fund is a self-supporting entity generating revenues from the sales of services and goods to other entities. In essence, the auxiliary units operate under similar financial guidelines as that of private sector companies. An auxiliary which fails to generate sufficient revenues faces critical factors such as operational cutbacks, restructuring and possibly layoffs if recovery measures fail to take hold. In essence, there are no guarantees of continuing existence into the future and all monies are earned through market transactions. On the other hand, E&G is appropriated by the State through lump sum appropriations funded by sales taxes, student fees and lottery funds. This type of funding is mostly incremental by nature with some additional monies usually added to the base funding level. Currently, E&G funding is not based on actual performance standards. The funding level from the previous year will likely be the base for the following year with the possibility of s
