Jump over the site's section navigation.

7.1.2 Budget Control


It is the duty of all fiscal agents and their area administrators to see that overdrafts do not occur in any of the budget accounts for which they are responsible, regardless of the source of funds. Each Wednesday, the Budget Office will notify fiscal agents or area administrators (or their designee) of any overdrawn accounts. The fiscal agent will be expected to process a transfer to the overdrawn account from other available funds.

If the transfer (to eliminate the overdraft) has not been processed by the following Wednesday (i.e., in seven days), the Budget Office will initiate such a corrective transfer.

Initiating body: Vice President for Finance and Planning

Contact: Vice President for Finance and Planning (309-438-2143)

Revised on:

2018-01-29T14:21:43.977-06:00 2018