Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can a recharge (service center) surplus balance generated by furlough salary savings be used to off-set the temporary target reduction?

0
Posted

Can a recharge (service center) surplus balance generated by furlough salary savings be used to off-set the temporary target reduction?

0

UCSF employees funded from recharge (service centers) are included in the furlough plan. The savings from all funds included in the furlough plan will be used to offset a portion of the extraordinary and massive State funding reduction imposed on the University of California in FY 09-10. The temporary FY 09-10 UCSF targets will be allocated to each UCSF Control Point and the Control Points will determine the fund sources to use to meet their respective targets. A Service Center’s surplus generated by the furlough savings may be used for this extraordinary circumstance, except that the Service Center may be assessed no more than the actual amount of the salary and benefit savings generated by that Service Center. Any remaining surplus balance, not used for funding the reduction target, will be subject to UCSF recharge policies that recognize that recharge operations may have year-end financial balances, and direct that the balances be included in the computation of subsequent year recha

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.