Financial Administration

Appropriation 124

Title:  Lease Rental Payments

State Fund/Agency
Number
Budget
Category
Appropriation
Type
Statute
Reference
Cash Balance
Carryover
103/285 PR-S Sum Suff 20.285 (1) (ke) Yes

Statute Language:

From the revenues credited under par. (h) and sub. (6) (g), a sum sufficient to pay the rentals required to be made on self-amortizing facilities under leases entered into under s. 36.06, 1969 stats., and s. 37.02, 1969 stats.

Institutions Which Have Budget Authority for This Appropriation:

Madison, Extension, System Administration

Allowable Major Classes of Expense/Revenue:

Supplies & expense and special purpose

Special Restrictions or Policies/Procedures:

  1. Position Control Policies
    Not applicable since there are no salaries in this appropriation.
  2. Budget Control/Transfers/Overdrafts
    See FAP - Budget Transfers (F5) for these limitations.
  3. Activity Code Limitations
    Use activity 6 and 8 only. See Activity Codes and Definitions for descriptions.

Year-End Instructions (lapse, carry forward, etc.):

The current year budget balance must be lapsed back to the state at the end of the year, while the cash balance moves forward to the new fiscal year. The new year budget is increased by encumbrances carried forward to the new year. Refunds of prior year expenditures are deposited to this appropriation using the code of the original expenditure.

Special Instructions on Salaries/Fringe Benefits:

Not applicable since there are no salaries paid.

Policy Paper References: