Treatment of Year-End Reverting Funds
FIN-ACC-290
About This Policy
- Effective Date:
- 10-01-1990
- Date of Last Review/Update:
- 10-01-1990
- Responsible University Office:
- Office of the University Controller
- Responsible University Administrator:
- Executive Vice President for Finance and Administration
- Policy Contact:
Anna Jensen
Associate Vice President and University Controller
Office of the University Controller
anjensen@iu.edu
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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.