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What is a temporary budget?

budget Temporary
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What is a temporary budget?

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A temporary or current year budget is the amount of budget available to spend in the current fiscal year period. The temporary budget is displayed on the Cost Center: Revenue and Expense Summary Report in the “Plan” column. The temporary budget can be the original beginning budget and/or amount from temporary budget adjustments. Temporary budget adjustments include budget transfers and also adjustments for prior year encumbrances.

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