Business Procedures Manual

Fiscal Affairs Division

Section 18 Introduction

(Last Modified on November 4, 2010)

ÖгöÉÙ¸¾ÊÓƵ System of Georgia (ÖгöÉÙ¸¾ÊÓƵ) institutions receive funding annually from either the Georgia State Finance and Investment Commission (GSFIC) or State Appropriations for capital facility repair and rehabilitation. These funds are called Major Repair and Rehabilitation Funds, more commonly referred to as MRR funds.

Certain other construction projects that are managed by ÖгöÉÙ¸¾ÊÓƵ institutions are funded by GSFIC and are accounted for in the same manner as MRR projects that are funded by GSFIC.

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