Procedure:     Budget Change Process
Department:    Budget Office
Contact:          Laura Martin, (541) 463-3005        martinl@lanecc.edu

A budget transfer is a means to reallocate departmental budgets due to changing conditions/circumstances after the original budget has been prepared and adopted. Budget changes must be processed prior to the time a commitment is made that might result in a budget overexpenditure.

Budget transfers are processed on-line or are sent to the Budget Office.  A copy of the "On-Line Financial Administration System User Guide" may be obtained from the Budget Office.

Budget Transfers That a Department May Transfer On-Line:
 

1. Transfers within and between materials and services, capital outlay, merchandise for resale accounts, and from ICP (see Income Credit Program);

2. Transfers within and between part-time personnel accounts; and

3. Transfers from non-personnel accounts to part-time personnel/OPE accounts.
 

1. Transfers involving full-time personnel accounts (5102xx, 5203xx, 5405xx);

2. Transfers involving transfers in/transfers out accounts;

3. Transfers involving more than one department;

4. Transfers involving revenue accounts;

5. Transfers that are to be recurring (change ensuing year’s budget);

6. Transfers involving more than one sub-fund or fund; and

7. Transfers for Fund VIII (Grants and Contracts) are sent directly to College Finance Funded Projects personnel.