Creighton University

Office of the VP Administration and Finance

Budget Office

• Budget Office
• Policies & Procedures
• Operating Budget Process
• Capital Budget Process
• Budget Adjustments
• Current Estimate
• Budget Incentive Plan

Policy 8 - Use of Temporary Savings

(BDPL 8)

DATE ISSUED: November 1, 2001
DATE REVISED:

Temporary expense savings may not be used in the current year for permanent, on-going expenses that will continue in the following budget year.

(Example: An employee took a half year's leave of absence, but planned to return next year, and the expense savings was used in the current year to fill a new full-time permanent position. In the following year, a budget problem would occur due to two salaries being paid with budget available for only one position.)