Operating Budget Procedures

John P. Kruczek, University Controller

As in previous years, the Operating Budget for 2002-2003 will be posted to your Departmental Ledgers (FLAIR) effective July 1, 2002. In the event the new year Operating Budget is not installed on the FLAIR by July 19, 2002, available balance override will be authorized to allow all processing to continue until it is posted.

During the month of July, while available balance checking is not being used, it is imperative that good fiscal management be maintained. Departments should not spend or encumber more than they will be allotted for the next year. Any credit balances that remain after the budget is posted must be corrected before additional spending or encumbering will be allowed.

Thank you for your cooperation. If you have any questions, please contact Ms. Mary Alice Wojcik at mawojcik@ufl.edu or 392-1324.