Title: Lease Rental Payments
103/285 GPR Sum Suff 20.285 (1) (da) N/A
A sum sufficient to pay the rentals required to be made on academic facilities under leases entered into under s. 36.06, 1969 stats. and s. 37.02, 1969 stats.
Statute 36.02, 1969 stats. authorized the regents of the former Chapter 36 educational institutions to enter into leases and sub-leases while s. 37.02, 1969 stats. authorized" the regents of the former Chapter 37 institutions to enter into leases and sub-leases.
Institutions Which Have Budget Authority for This Appropriation:
Allowable Major Classes of Expense/Revenue:
Special Restrictions or Policies/Procedures:
- Position Control Policies
Not applicable since there are no salaries in this appropriation.
- Budget Control/Transfers/Overdrafts
See FAP - Budget Transfers (F5) for these limitations.
- Activity Code Limitations
Year-End Instructions (lapse, carry forward, etc.):
Any unexpended or unencumbered current year budget dollars must be lapsed back to the state at the end of the fiscal year. There is no cash balance to carry forward. The new year budget is increased by encumbrances carried forward to the new year; budgeted and accounted for in appropriation 111. Refunds of prior year expenditure are added to this appropriation using the code of the original expenditure.
Special Instructions on Salaries/Fringe Benefits:
Not applicable since there are no salaries paid.