All funds must remain within the respective Center’s budget. Center for Centers will process expense transactions (hires, vouchers, reimbursements) for all funds awarded to constituents. In the event of co-sponsorships, the Center for Centers will coordinate with the appropriate departments to facilitate a journal entry to move expenses accordingly. Budget transfers will only be made within budget lines.
In general, the only instance where a budget transfer is made out of a Center’s budget should be in the event of a cost share with a grant where matching funds must be moved to a fund 120 account.