Treatment of Year-End Reverting FundsFIN-ACC-I-290
All year-end unencumbered balances in general-fund accounts are available to campus vice presidents and chancellors for reallocation to the various responsibility centers and support units in accordance with campus policy. Such reallocations are subject to review and approval by the president or his delegate.
Reason for Policy
Provide for reallocation of year-end unencumbered funds.
This policy was established on October 1, 1990.