This information will help you understand the difference between a permanent budget and a temporary budget. If you need further assistance, please call the Budget Office.
Permanent Budget or Original Budget
A Permanent or Original Budget is the continuing base budget, beginning July 1, for personal and non-personal services. The permanent budget is funding that is anticipated every year, unless budget reductions or other adjustments occur.
When the permanent operating budget is final, the Departmental Budget Listing can be found on the University of Nebraska website. You may also contact the Budget Office.
Permanent Budget Transfer
A permanent budget transfer increases or decreases funding in the permanent budget, which changes the July 1 beginning budget for the next fiscal year. A permanent budget transfer does not impact the funding available during the current fiscal year.
Permanent adjustments are made to the Permanent Budget to address changes for future needs. Transfers processed this year affect the beginning operating budget for the next fiscal year. Transfers cannot be made to or from WBS elements or between funds (e.g. between revolving and state-aided cost centers).
Example
- The permanent operating budget is $6,000.
- A permanent budget transfer is processed in December increasing the operating budget by $1,000.
- The current (temporary) operating budget will not change. However, the permanent beginning July 1 operating budget for the next fiscal year will be increased to $7,000.
Download the Budget Transfer form
This form and instructions also can be found in the UNO business forms section in SAPPHIRE, or contact the Budget Office for further assistance.
Current or Temporary Budget
A current or temporary budget (also referred to as the Adjusted Budget) is the amount of budget available to spend in the current fiscal year period, which is July 1 through June 30. The temporary budget can be the original beginning budget and/or amount from temporary budget adjustments.
Temporary budget adjustments include budget transfers and also adjustments for prior year encumbrances. The temporary budget is displayed on the Cost Center: Revenue and Expense Summary Report in the "Plan" column.
Temporary Budget Transfer
A temporary budget transfer increases or decreases the budget available to spend in the current fiscal year period. Not all budgets are permanently budgeted. Some one-time or short term activities as well as those activities where the amount changes from year to year are funded on a one-time basis via a temporary budget transfer.
Temporary adjustments affect only the current year budget and will not be included in determining the base budget for the next fiscal year. These adjustments are one-time and are only available for current year activities.
Temporary budget transfers are reflected in the SAP financial reports. Transfers cannot be made to or from WBS elements or between funds (e.g. between revolving and state-aided cost centers).
Example
- The permanent operating budget is $6,000.
- A temporary budget transfer is processed in December increasing the operating budget by $1,000.
- The current (temporary) operating budget available for the current fiscal year is now $7,000. The permanent beginning July 1 operating budget for the next fiscal year will remain at $6,000.
Download the Budget Transfer form
This form and instructions also can be found in the UNO business forms section in SAPPHIRE, or contact the Budget Office for further assistance.