Restricted-expendable (net assets)

What is Restricted-expendable (net assets) ?

Restricted-expendable (net assets) meaning Net assets of GASB institutions that are expendable but subject to imposed restrictions. Restrictions exist when constraints placed on use are either (a) externally imposed by creditors, grantors, contributors, or laws and regulations of other governments, or (b) imposed by law through constitutional provisions or enabling legislation.


reference: IPEDS Data Collectrion System – Glossary