Revision Form

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SELF-SUPPORTING BUDGET REVISION FORM DATE ACTIVITY FY FUND AGENCY ORGN DEPARTMENT ACCOUNT MANAGER (1) Board Approved ACCOUNT NAME (2) Current Budget (3) Revision Requested (4) Revised Budget - REVENUES Opening Bal Fwd Student Tuition & Fees Student Non-Resident Tuition & Fees Gifts (Fund 2300 or 2305) Indirect Cost Recovery Sales & Svcs Educ Activities Sales & Svcs Auxilliary (Fund 2457) Investment Income Other Sources - Miscellaneous Loan Transfer In * Transfer In * Transfer In * REV SRC 97 68 69 76 77 78 79 80 81 LT MT VT TOTAL SOURCE OF FUNDS EXPENDITURES Transfer Out * Professional Salaries Graduate Assistant Classified Wages Fringe Benefits Travel Hosting Operations Recharge Scholarships Ending Account Balance EXP OBJ VT 11 12 14 15 16 21 25 30 39 50 79 - TOTAL USE OF FUNDS VARIANCE (MUST EQUAL ZERO): REASON FOR REQUEST: (Source of funding & Use of funding) Budget Office Use Only: RB/EB No. Initiated By: Reviewed By: (Budget Analyst) Date (Authorized Signature) Recommended By: Date Approved By: (President or Designee) Date Reviewed By: (V.P., Dean or Director) Date (System Administration) Date Use this sheet to show computations for revenue sources or for any other notes: SELF-SUPPORTING BUDGET REVISION FORM - INSTRUCTIONS TO DECREASE BUDGET A revision form is not required to reduce a budget. Email a budget adjustment request to the Budget Office to move funds to the reserve line, which will restrict access to those funds: note object codes and amounts to move to the reserve line 79. Note: as budget revisions require BOR approval, it is not recommended that more than one budget revision be submitted for any one account during the fiscal year. The revision should include all current revenues in excess of the original budget, as well as any additional projected revenue through the end of the fiscal year The additional projected revenue should be allocated to the reserves line 79 in the expense budget. Upon receipt, the allocation can then be moved into other expense lines. TO INCREASE BUDGET 1. Complete the following fields: Date, Activity, FY, Fund, Agency, Orgn, Department, Account Manager, Account Name. 2. Insert original current fiscal year budget (beginning budget July 1) in column (1) Board Approved budget. 3. Insert current budget as of date of revision in column (2) Current Budget. Per Data Warehouse. This will be the same as the Board Approved budget if no budget adjustments have been processed this fiscal year. 4. Allocate new revenue and expenditures in Column (3) Revision Request budget. These additional amounts will be added to the original budget and the revised budget will calculate automatically. 5. Note Reason for Request - specify source of additional revenue and details of intended use. Budget revisions require Board of Regents approval so provide sufficient information to clarify the request. If revision includes a new transfer (VT IN or VT OUT), note account number in the reason for revision field. 6. Additional information or computation schedules can be included in the Backup tab. Relevant documentation can be attached to the email when submitted to the Budget Office. 7. The Approvals section must be completed. Authorized Signature - the person requesting the revision. This should be an authorized signatory of the account. Recommended By authorization if sent by email). Notification will be emailed when the budget revision has been processed. The completed form can be emailed to the Budget Office and it must be sent by the 'Authorized Signature' or they must be copied on the email.

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