Finance Division

Assignment of New Revenue Accounts

Budget Centers must submit requests for new revenue accounts to Accounting Services. Such requests must have an explanation as to the sources of revenue and planned use of funds. The Budget Office will be notified by Accounting Services of the establishment of new revenue account numbers and furnished a copy of the requests and explanations submitted by the budget centers. The Budget Office will review each request relative to the assignment of revenue to the budget center. When necessary, the Budget Office will contact the budget center with questions as to the assignment of revenue. The proposed assignment of new revenue to a budget center will be presented to the Internal Budget and Formula Review Committee and the Provost for comments. Routine requests may be approved by the Associate Vice President for Financial Planning and Management. If a campus-wide impact is involved the proposed assignment will be presented at a Vice President¹s meeting for discussion by and approval of the President.