CHAPTER 7: DEFICIT SPENDING
Policy 7-1 DEFICIT SPENDING
Regardless of the source of funding, Organizational Unit Managers shal manage all activities
and expenditures under their control, and avoid generating a Deficit in the Index. Organizational
Unit Managers must eliminate Deficits in a timely manner. All Deficits related to non-sponsored
projects must be eliminated by the end of the fiscal year.
A Deficit that exists in Sponsored Projects that is not resolved within 90 days may be
automatically transferred to a Principal Investigator’s professional or research development
account, departmental or center unrestricted source of funds, including gift funds or a
department’s general fund budget.
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Revised December 1, 2016