Interunit Budget Transfer is the budget entry component that is used to move budget authority between two or more Business Units in a single entry. Each budget entry in the Interunit Budget Transfer Component must have a zero net financial impact across all budget lines. The Interunit Budget Transfer Component can be utilized to post Apportionments, Budget Transfers, Consolidation Transfers, and Suballocations.
The following are the Budget Entry Types for Interunit Budget Transfers between agencies:
Apportionment – Interunit apportionments are movements of lump sum appropriation authority between Business Units, generally from MSC01 to other Business Units.
Budget Transfer – Interunit transfers move appropriation authority between Business Units in different funds or accounts (e.g. between Aid to Localities and State Operations type accounts). The transfer amount can be added to an existing appropriation in the receiving entity or to an administratively created appropriation. Transfers must be specifically authorized in State statute, either within the budget bill language, or in another piece of State law.
Consolidation Transfer – Special designation for the movement of budget between appropriations between Business Units as authorized in statute to support the establishment and funding of shared service functions or other specifically identified efficiency initiatives. Consolidation transfers move authority from different Business Units to either OFT or OGS.
Suballocation – Suballocations are movements of appropriation authority between Business Units within the same fund and for the same purpose as originally appropriated. Suballocations must be specifically authorized in State statue, either within the budget bill language, or in another piece of State Law.
The following documents provide guidance on determining the proper budget entry type to use.
For additional instruction on this topic, visit the job aids published to SFS Coach. SFS Coach is accessible from the SFS home page after logging in with your SFS user ID and password.
Guide to Financial Operations
REV. 02/23/2015