CMP 308 11: Carryforward/State Appropriations

To explain carryforward balances and state appropriations

Advantage accounting system

Carryforward Balance (Revenue)

For local Dept/Units having an annual carryforward of fund balances, all positive Dept/Unit fund balances from the previous fiscal year are brought forward by the accounting system at the beginning of the new fiscal year as a funding source.

The revenue sources for state appropriations to NAU consist of:

1. a lump sum appropriation (State General Funds authorized specifically for the current operations of the university)
2. a building renewal appropriation (State General Funds authorized specifically for land and building capital expenditures from university plant funds)

   and

3. other appropriations (any other appropriations not described above).