Carry Forward Policy

The current University Carry Forward Policy allows units to carry forward their Available Balance up to a maximum of 2.5% of their total Annual Funding for University Supported (OPTUI) accounts (2-Ledger).

Available Balance represents Annual Funding less Actual Expenses

If you believe that you have a valid reason to carry forward funds above the 2.5% cap, please send a request for additional Carry Forward with justification to your Budget Analyst and the Provost’s Office or the Office of the Executive Vice President for Administration & Chief Financial Officer.

Carry Forward funding is not automatic and must be evaluated every year in light of the fiscal environment.

*For purposes of Carry Forward calculations, Annual Funding excludes utilities, financial aid, University Foundation Agreement and certain other accounts.