What is this service?
Request a budget neutral transfer between operating a budget pools if it is or will be overspent.
Note: If an actual expense needs to be moved to another cost center, complete an Expense Transfer Request. If a PO/BPO (Encumbrance) needs to be updated, complete a change order in Marketplace.
Who is this service available to?
Budget Owner/Cabinet Member
Requirements
Information needed to complete your request:
- Amount and GL account number(s) for where the current budget funds are.
- Amount and GL account number(s) for where the budget funds should be moved to.
- Description of request
- Justification for request
What are the expected response times for this service? Changes will be entered into Colleague following review from Finance and approvals from the requestor, budget owner(s), Cabinet member and in certain situations Chancellor or Board approval.