Overview

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The Core Recurring Budget is the recurring approved annualized plan of operations for the university. The Campus Budget Office (CBO) manages the distribution of Core Recurring Resources across campus. These resources are distributed as an annual lump sum allocation with units receiving their full approved Core Recurring Resources within the 1^st quarter of the fiscal year. An exception to the lump sum distribution is the mid-year compensation program which is journaled in the November - December fiscal period timeframe.

Essential Information

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During the 1^st quarter (July-September) of each fiscal year, the Core Recurring Resource allocations will be distributed to campus ‘Financial Unit-Fund-Function-Project’ chart strings from the Budget Office. The tables below provide a summary of the journals completed which culminate in the total Core recurring transfers.

 

EFFECTIVE FY26

Journal Purpose	Journal Name Prefix	Account Code Used
Core Recurring Base: Compensation (Journal #1)	CBO CRA COMP FY26	774961: Recurring Staff Salaries Xfr 774962: Recurring Staff Benefits Xfr 774963: Recurring Faculty Salaries Xfr 774965: Recurring Faculty Benefits Xfr
Core Recurring Base: Non-Compensation (Journal #2)	CBO CRA NON-COMP FY26	774960: Recurring Non Compensation Xfr
Approved New Requests (Journal #3)	CBO RCTT AUG25*   *This journal will include other Campuswide Resource Commitments, and is not limited to FY25 Approved New Requests	Non-Compensation: 774960: Recurring Non Compensation Xfr   Compensation: 774961: Recurring Staff Salaries Xfr 774962: Recurring Staff Benefits Xfr 774963: Recurring Faculty Salaries Xfr 774965: Recurring Faculty Benefits Xfr
December Close: Mid-Year Compensation Program Increases (Journal #4)	CBO COMP FY26**   **Effective FY25, this includes only Faculty Merit and Promotions, Facilities Management	774961: Recurring Staff Salaries Xfr 774962: Recurring Staff Benefits Xfr 774963: Recurring Faculty Salaries Xfr 774965: Recurring Faculty Benefits Xfr

 

FY25 JOURNALS

Journal Purpose	Journal Name Prefix	Account Code Used
Core Recurring Base: Compensation (Journal #1)	CBO CRA COMP FY25	774961: Recurring Staff Salaries Xfr 774962: Recurring Staff Benefits Xfr 774963: Recurring Faculty Salaries Xfr 774965: Recurring Faculty Benefits Xfr
Core Recurring Base: Non-Compensation (Journal #2)	CBO CRA NON-COMP FY25	774960: Recurring Non Compensation Xfr
Approved New Requests (Journal #3)	CBO RCTT AUG24*   *This journal will include other Campuswide Resource Commitments, and is not limited to FY25 Approved New Requests	Non-Compensation: 774960: Recurring Non Compensation Xfr   Compensation: 774961: Recurring Staff Salaries Xfr 774962: Recurring Staff Benefits Xfr 774963: Recurring Faculty Salaries Xfr 774965: Recurring Faculty Benefits Xfr
December / January: Mid-Year Compensation Program Increases (Journal #4)	CBO COMP FY25**   **Effective FY25, this includes only Faculty Merit and Promotions, Facilities Management	774961: Recurring Staff Salaries Xfr 774962: Recurring Staff Benefits Xfr 774963: Recurring Faculty Salaries Xfr 774965: Recurring Faculty Benefits Xfr

 

FY24 JOURNALS