What are the Budget Revision deadlines?
Departmental budget dollars may be moved between account codes within an index anytime during the fiscal year until June 30. Departments have complete control of how funds are budgeted within their index except for funds in benefits (account code 62000) and longevity (account codes 61120, 61220, 61620, and 61320). Benefits and longevity are budgeted centrally and can not be used by departments to cover other types of expenses. Funds may be moved between accounts anytime during the year with one exception. After March 31st each year the Spring Estimated Budget is finalized and educational and general functional totals are frozen according to TBR Policy 4:01:00:00.
Related Questions
- What constitutes a "revision"; i.e. does the CIWMB need to know every single change is made to the submitted work plan/budget or can minor changes be made without notice?
- A – 074 Is it true that I am required to submit a budget revision requesting prior approval if I transfer 10 percent or more from one budget category to another?
- What are the Budget Revision deadlines?
