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Administrative and Financial

Budget Transfers

Scope

All University departments

Policy Statement

After the start of the fiscal year, unrestricted budgets may be transferred among the following expense categories: Adjunct/ Temporary Faculty, Summer Appointments, Temporary Wages, General Operating, Rentals and Equipment. Budget transfers can also be made from these expense categories to the full-time and regular part-time personnel categories in order to fund cash commitments for authorized positions. In administrative departments that are not part of an RCM responsibility center, budget transfers are not allowed from the full-time and regular part-time personnel categories into other expense categories except at the discretion of the unit's cabinet officer. In responsibility centers where revenues and expenses must balance, more freedom exists to transfer budget among salary and operating expense categories.

Policy Administration

Links to Procedures and Related Information

Date: July 2006


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