2014-15 Balances To Be Carried Forward On Aug. 14

Published August 12, 2015

The 2014-15 State Operating and U-Wide Type 1 available balances are being carried forward to 2015-16 on Aug 14.

Who's Affected

All State Operating and U-Wide Type 1 account holders.

Process

  • Open encumbrance balances are cleared from accounts.
  • The free balance carried forward to 2015-16 will be rounded based on the total free balance for the account. 
  • The carry forward balance from fiscal 2014-15 will automatically be posted to the same account which generated the free balance. 
  • This allocation will be reflected as a budget revision adjusting your 2015-16 fiscal allocation utilizing budget object of expenditure Code (OEC) 6000 (Reserves).  

Outcome

This allocation will be reflected as a budget revision adjusting your 2015-16 fiscal allocation utilizing budget object of expenditure Code (OEC) 6000 (Reserves). 

Actions To Take

  • Review your accounts on the SIRI Money dashboard to ensure that all balances are as you expect.
  • You may also wish to process budget revisions using the eBudget system to move this fiscal allocation to the account and OEC code where the funds will be utilized.

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