Financial Administration

Appropriation 179

Title: Business Plan Competition

State Fund/Agency
Number		 Budget
Category		 Appropriation
Type		 Statute
Reference		 Cash Balance
Carryover
103/285 GPR Annual 20.285 (1) (eb) N/A

Statute Language:

36.25 (53) BUSINESS PLAN COMPETITION. The board shall use the moneys appropriated under s. 20.285 (1) (eb) to support a business plan competition program existing on the effective date of this subsection, at institutions and college campuses other than the University of Wisconsin-Madison that makes entrepreneurial expertise available to students and that has ties to campus-based business plan contests and national organizations that foster student entrepreneurism. The board may use the moneys only if the board receives matching funds for the same purpose from private contributions.

Institutions Which Have Budget Authority for This Appropriation:

All institutions other than UW-Madison

Allowable Major Classes of Expense/Revenue:

Salaries, fringe benefits, supplies & expense, and capital.

Special Restrictions or Policies/Procedures:

  1. Position Control Policies
    s. 16.505 (2m) applies, see Appendix A.
  2. Budget Control/Transfers/Overdrafts
    See FAP - Budget Transfers (F5) for these limitations.
  3. Activity Code Limitations
    All activities may be used for expenditure. See Activity Codes and Definitions for descriptions.

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 179. Refunds of prior year expenditures are deposited into appropriation 100 as receipts (9909).

Special Instructions on Salaries/Fringe Benefits:

Budget transfers off the salaries/fringe benefits line are not allowed at any time for this appropriation.

Policy Paper References: