Get the free Temporary Current Year Position Budget Revision (BD04) - bf memphis
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Form used to request a current year budget revision for a position at the University of Memphis. It facilitates temporary funding adjustments within the fiscal year.
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How to fill out temporary current year position
How to fill out Temporary Current Year Position Budget Revision (BD04)
01
Begin by gathering all necessary documents related to the current year budget.
02
Identify the specific positions that require budget revisions.
03
Fill out the header section with relevant information like department name, budget year, and revision number.
04
In the position details section, list each position that is being revised, including title, employee name, and current budgeted amount.
05
Specify the proposed changes in budget allocation for each position.
06
Include justification for each change in the remarks section.
07
Review the entire form for accuracy and completeness.
08
Obtain required signatures from department heads or other authorized personnel.
09
Submit the completed form to the designated budget office for approval.
Who needs Temporary Current Year Position Budget Revision (BD04)?
01
Departments undergoing budget changes due to position adjustments.
02
Managers who need to realign positions according to operational needs.
03
Financial officers responsible for maintaining accurate budget records.
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What is the meaning of budget revision?
A Budget Revision (BR) moves budget authority (expenditure, revenue or both) between allocations, NCHEMS, funds, orgs, accounts, program codes or any combination of these.
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What is Temporary Current Year Position Budget Revision (BD04)?
Temporary Current Year Position Budget Revision (BD04) is a documentation process used by organizations to update and revise their budget allocations for current year positions, usually in response to changing needs or circumstances.
Who is required to file Temporary Current Year Position Budget Revision (BD04)?
Departments or organizations that need to adjust their budget for current year positions due to changes in personnel, funding, or organizational structure are required to file the Temporary Current Year Position Budget Revision (BD04).
How to fill out Temporary Current Year Position Budget Revision (BD04)?
To fill out the Temporary Current Year Position Budget Revision (BD04), follow the prescribed form layout, providing necessary details about the positions being revised, including justification for the changes, updated funding sources, and any relevant departmental approvals.
What is the purpose of Temporary Current Year Position Budget Revision (BD04)?
The purpose of the Temporary Current Year Position Budget Revision (BD04) is to ensure that an organization's budget accurately reflects its current staffing needs and financial resources, facilitating better financial management and strategic planning.
What information must be reported on Temporary Current Year Position Budget Revision (BD04)?
Information that must be reported on the Temporary Current Year Position Budget Revision (BD04) includes the position title, department, funding source, reason for the revision, salary details, and any supporting documentation or approvals required for the changes.
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