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    My CA
ISFs — Frequently Asked Questions (FAQs)
 
 
  1. What is an internal service fund (ISF)?  answer

    2.  
  2. What are the major internal service funds (ISFs) in the State?  answer

    3.  
  3. What services do ISFs provide?  answer

    4.  
  4. How do ISFs determine the cost of their services?  answer

    5.  
  5. What if a state department disagrees with the invoices from an ISF?  answer

    6.  
  6. What information is available regarding the reporting requirements of internal service funds?  answer

    7.  
  1. What is an Internal Service Fund (ISF)?

    An internal service fund (ISF) accounts for the goods and services provided by a state department to other state departments on a fee for service basis.

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  2. What are the major internal service funds in the State?

    The major internal service funds in the State are the (Department of General Services) Service Revolving Fund and the Department of Technology Services Revolving Fund.

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  3. What services do ISFs provide?

    The Service Revolving Fund (SRF) provides a wide variety of services including rental facilities, transportation, equipment, and printing. The Department of Technology Services provides information technology and telecommunication services.

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  4. How do ISFs determine the cost of their services?

    The cost per unit of service is determined by a rate structure prorating the direct and indirect costs of providing the services over the units of production.

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  5. What if a state department disagrees with the invoices from an ISF?

    State departments that question cost items in invoices should contact the ISF billing offices for a review and explanation of the questioned items.

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  6. What information is available regarding the reporting requirements of ISFs?

    Office of Management and Budget Circular A-87 lists special requirements regarding ISFs. Specifically, Attachment C, part E, section 3(b) includes such information as operating budget thresholds required for reporting and Generally Accepted Accounting Principles (GAAP) requirements.

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