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Treatment of Year-End Reverting FundsFIN-ACC-I-290

Scope

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Policy Statement

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.

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Reason for Policy

Provide for reallocation of year-end unencumbered funds.

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History

This policy was established on October 1, 1990.

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