What is an estimated budget for designated, restricted, sponsored and plant cost centers?
Estimated budget for designated, restricted, sponsored and plant cost centers is the amount of budget that the Budget Office enters into the system for cost centers whose balances roll to the next fiscal, which is equal to 90% of the cost center’s remaining balance as of May 31 of the current fiscal year. This is usually entered when the Systems Administrators open the new fiscal year on or about the second week of June.
Related Questions
- Why does the estimated $1.8 million operating budget for the library cost taxpayers more per year than the $10 million for the library building?
- The salaries for my staff are split across two (or more) cost centers. How can I be sure the wages are hitting the correct budget lines?
- What is an estimated budget for designated, restricted, sponsored and plant cost centers?
