This division was founded in 1872 by the Federal Morrill Act of 1862 which mandated the land-grant colleges to teach agriculture and mechanical arts.

Because money for each of these agencies is allocated from the state, it is allowable to transfer money between the two agencies. (True/False)

The State Budget Process is also referred to as the

What is the purpose of the Authorized Budget Document?

When the college distributes the budget to the departments it is primarily placed in two funds. What are both of these funds referred to as?

The budget that is placed into the departmental pool funds does not have to be transferred to a new fund because of what feature in Banner?

All salaries must be charged to the Departmental Pool Fund.

Departments can have many E&G fund numbers associated with the E&G budget in order to track expenditures. They can choose whether or not to move budget dollars to the individual fund codes where the expenditures will occur. (True/False)

Every other year the General Assembly approves this act that authorizes all expenditures, position allocations, and capital projects by state agencies.

The fiscal year begins on what date every year

Salaries charged to this type of fund with a matching FTE allocation will have fringe cost covered by the university.

When the budget is distributed to the colleges from the budget office they are given strict guidance as to how to distribute the funding to departments. (True/False)