Budget transfer definition

Budget transfer means transfer of funding within a function / vote.
Budget transfer means the transfer of an approved budget allocation from one operating or capital line item to another within a vote, with the approval of the relevant senior manager;
Budget transfer means the authorized movement of funds in an approved budget from one head, subhead, project or item to another.

Examples of Budget transfer in a sentence

  • The University Council governs the administration of the delivery of teaching and research, thus the University Council sets the programs and priority activities which are funded by the National Government Budget transfer.

  • Budget transfer requests over $1,000.00 for funding to a single destination must be approved by the BCC.

  • Budget transfer memos will be provided to the ASI office per the standard format for such transfers.

  • Budget transfer – County Transportation Trust Fund, Department of Public Works, Road Operations Division.

  • Budget transfer requests shall be processed and tracked by the Finance Officer.


More Definitions of Budget transfer

Budget transfer means transfer of funding within a function / vote subject to limitations.
Budget transfer means transfer of funding within a function/vote subject tolimitations. "Budget Year" means the financial year of the municipality for which an annual budget is to be approved in terms of section 16(1) of the MFMA;
Budget transfer means transfer of funding within a function / vote / service / directorate.
Budget transfer means transfer of funding within a function/vote subject to limitations. The transfer can be done between any combinations of segments during a municipal financial year and which results from changed circumstances from that which prevailed at the time of the previous budget adoption;
Budget transfer means the authorized movement of funds in an approved budget from
Budget transfer means any transfer of an amount initially recorded within one Budget Line Item to a different Budget Line Item.
Budget transfer means the authorized movement of funds in approved budget from one public body, head, subhead, one process to an other or one program another project or item to an other.