Is my department responsible for termination pay expenditures (Expenditure Object Codes: 1150, 1160, 1170)?
No, unless your department is a service center/recharge operation, or if your unit is funded by state interagency transfer or statutory dedicated funds, termination pay is paid out of an institutional account. The month after a termination pay expense is charged to a state account the Office of Budget & Planning processes a budget adjustment transferring money to the account from an institutional account to cover the termination pay expense.
