Glossary of Terms and Definitions

Glossary Term: Budget Adjustment (relating to Budget Transfers, Revisions and Adjustments)

Definition:

a budgetary increase to the expenditure budget of an organization code with an offsetting increase to the recovery/revenue budget of an organization code within the same unit under the jurisdiction of the employee requesting the adjustment (e.g. Creating a recovery budget in Science Stores with an offsetting increase in the Science Dean's Office Miscellaneous Expenditures budget)
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