D-280.1 Budget Transfers
| Authority | Vice President of Finance and College Operations/CFO |
| Effective Date | April 19, 2000 |
| Revision Date | June 17, 2026 |
| Reviewed Date | |
| Related Policies | |
| Related Forms, Policies, Procedures, Statute | D-280.1F – Budget Transfer Form |
Budget transfer authority is defined as follows:
|
DESCRIPTION OF BUDGET TRANSFER |
APPROVING AUTHORITY |
|
Transfers between Fund Types and Functions and transfers to and from fund balances. |
District Board |
|
|
|
|
Transfers between salary/benefit accounts and non-salary/benefit accounts within the same fund and function. |
President/District Director |
|
|
|
|
Transfers from any wage classification to another wage classification or any current expense classification to another current expense classification within the same fund and function in excess of $5,000. |
President/District Director or Designee |
|
|
|
|
Transfers from any wage classification to another wage classification or any current expense classification to another current expense classification within the same fund and function between $2,000 and $5,000. |
Supervising Executive |
|
|
|
|
Transfers from any wage classification to another wage classification or any current expense classification to another current expense classification within the same fund and function under $2,000. |
Budget Manager |
Budget transfers for externally funded grants shall be forwarded to the Budget and Grants Accountant to determine if the transfer is allowable. The Budget and Grants Accountant will approve all budget transfer requests for funded projects, thereby confirming that the transfer complies with funding agency guidelines.
Budget transfers process:
Budget transfer requests shall be submitted electronically using Banner Journal Voucher procedures, except those transfers requiring Board approval and those transferring funds between salary/benefit accounts and non-salary/benefit accounts.
Budget transfer requests requiring District Board approval or transfer between salary/benefit accounts and non-salary/benefit accounts shall be submitted on the 280.1F – Budget Transfer Form. This form must fully describe the compelling and essential reason(s) for the transfer.
The Business Office will review all budget transfers for compliance with the above policies and will be responsible for entering all budget transfers into the financial accounting system.