Budget Revisions
State agencies and universities are allowed to make certain revisions to their budget. There are three types of allowable revisions. See also Section 3.8 of the State Budget Manual.
| Revision Type | Which budgets affected | Does it need OSBM approval? | Action | Recurring or Non-recuring impact? |
|---|---|---|---|---|
| Type 11 | Certified & Authorized | yes | May change requirements & receipts | both |
| Type 12 | Authorized only | yes | May change requirements & receipts | both |
| Type 14 | Authorized only | no | Realign requirements & budget receipts up to OSBM-delegated threshold | Recurring - realignement Nonrecurring - receipts |
Basic Steps
Tab/Accordion Items
Review the authority and impact of the revision types. It is important to cite the authority for the revision.
The justification portion of the revision should answer these two quesitons:
- What are you trying to accomplish on the revision?
- Why is that adjustment needed?
Reconcile BD 725 and BD 701. Check totals and balances against certified budget.
Forms & Templates
Recommended Training
Budget Revisions 101 for State Agencies
Budget Revisions 101 for State Universities
Budget Revisions and Reports for State Universities
Budget Revisions for Agencies Part 2
For more information
- Budget manual chapter 3
- GS 143B-10
- GS 143B-6-4
- GS 116-30.2 Universities only