Transfers reflects the movement of budgeted funds (may include actual $$) for a designated purpose. Below are guidelines for transferring funds. Exceptions to these guidelines may apply.

From L3

• Must have sufficient funds to cover the transfer.
• May require an accompanying budget entry (reduction in budgeted expenses or increase in budgeted revenues).

From L2

• Requires a reduction in its L2 budgeted expenses.
• Impacted budgeted object code(s) must not go into a deficit.

To L2

• Requires an increase in its L2 budgeted expense.

General Restrictions

• Budget Adjustment Request Forms involving Service Center accounts are generally not acceptable. For questions on these accounts, please contact Brandon Rodgers in Financial Accounting (Grants).
• Budget Adjustment Request Forms involving Restricted Accounts (Gifts, Endowments, etc.) and generally not acceptable.