Title: Schools of Business
103/285 PR Annual 20.285 (1) (Ls) Yes
From moneys received as academic student fees, the amounts in the schedule to support improvements in the master's level business programs under s. 36.25 (28).
Section 36.25 (28) states:
The board shall use the funds in the appropriation under s. 20.285 (1) (em) and (Ls) to support improvements in master's level business programs. The board may spend funds in those appropriations only if it receives matching funds for the same purpose from private contributors.
Institutions Which Have Budget Authority for This Appropriation:
This appropriation is only used by SA for the purpose of shifting expenses from 177 to 186 to align with DOA allotments.
Allowable Major Classes of Expense/Revenue:
Salaries, fringe benefits, supplies & expense and capital. SA annually transfers academicfee revenue in the amount of $592,300 from appropriation 131 to 186 to comply with the statute requirement.
Special Restrictions or Policies/Procedures:
- Position Control Policies
s. 16.505 (2) applies, see Appendix A.
- Special Restrictions
All expenditures incurred by the institutions for Schools of Business improvement programs should be charged to 177. Institutions may not use 186.
Year-End Instructions (lapse, carry forward, etc.):
There are no year end open encumbrances or cash balance to carry forward to the new fiscal year for this appropriation on campus records. Carryover cash balances are carried in Unit Y, System Wide. Refunds of prior year expenditures are deposited to this appropriation as receipts (9209).
Special Instructions on Salaries/Fringe Benefits:
Policy Paper References:
This information is provided as a service of The University of Wisconsin System Administration
Office of Financial Administration.
To suggest possible additions or improvements, please contact Financial Administration (608) 262-1313
Last Updated: 05/07/2001