Revenue is defined as any transaction which results in an increase in the current financial resources of USNH as a whole. Operating revenue results from the sale of USNH's primary products and services to a non-USNH entity or from carrying out other activities that support USNH's missions of instructions, research, and public service. Examples of operating revenue include all tuition and fees assessed against students, state of New Hampshire general appropriations, gifts, grants, contracts, investment and endowment income, departmental sales and service, miscellaneous university receipts, and auxiliary enterprise sales. Sources of operating revenues include students, governments, donors, and other public customers. Within auxiliary enterprise funds, sources of revenue are primarily students, faculty and staff; however, sales to the general public and other USNH departments may be included.

• Restricted Current Fund Revenues - These are resources which are available for current operating purposes but whose expenditure is limited by an external source to specific purposes, programs, schools, departments, etc.

• Unrestricted Current Fund Revenues - These are resources which are not restricted by external sources and which are expendable for operating purposes.

Departments occasionally must sell surplus unused or obsolete equipment originally purchased with departmental funds. Departments should contact Purchasing first to determine the proper property disposition procedure.