Policy: Lapsed & Released Salary & Unspent Funds
Listing generated on 09/17/2024 at 21:20:47.
| Name: | Lapsed & Released Salary & Unspent Funds |
|---|---|
| Number: | 10000138 |
| Code: | ADM.BU.300.001 |
| Status: | Approved and Activated |
| Administrative Division: | VC for Administration & Finance |
| Responsible Office: | Budget |
| Effective Date: | 02/13/2020 |
| Summary/Purpose: | Any lapsed, released, or unspent salary dollars, including graduate student stipends, shall be allocated at the end of the fiscal year or carried forward in the subsequent year. Any other unspent funds and/or deficits shall be carried forward by the originating department and will temporarily increase or decrease their budget in the subsequent year. |
| Policy Narrative: | PDF File |
| People Affected: | FACULTY STAFF |
| Keywords: |
BUDGET CARRY FORWARD DEFICIT LAPSED SALARY RELEASE FUNDS UNSPENT FUNDS |
| Related UM Policies: | |
| Related Resources: | |
Policy Feedback |
Policy History |