College of Western Idaho (CWI) Business and Financial Services provides college-wide services and support for the following functional areas: Accounting, Budget, Contracts, Fixed Assets, Grants, Procurement, Payroll, and Student Accounts. Our responsibilities include paying the College’s legal obligations, receipting student, grant, state and other revenues, managing student accounts, evaluating and maintaining strong internal controls, coordinating internal and external audits, and financial reporting.
The mission of Business and Financial Services is to safeguard institutional resources and provide accurate and efficient accounting and customer service support while complying with generally accepted accounting principles and Federal, State and regulatory financial guidelines.
The College’s annual operating budget for the period July 1- June 30 is approved by the CWI Board of Trustees. Summary reports of budgeted revenue and expenditures are available for the following years:
As a governmental entity, CWI is allowed to tax its constituents. That tax is referred to as a ‘levy’.