G3: Amendment of the Operating Budget | Onondaga Community College

Responsibility for Maintenance: Financial Services

I. Policy Statement

This policy sets forth the requirements for amendments of Onondaga Community College’s operating budget.

II. Reason for Policy

This policy facilitates compliance with Article 126 of the New York Education Law, the corresponding Education Department regulations, and the Department’s Code of Standards and Procedures for the Administration and Operation of Community Colleges.

III. Applicability of the Policy

All members of the College community should be familiar with this policy.

IV. Related Documents

New York Education Law Article 126
Education Department Regulations, 8 NYCRR Part 602
Onondaga Community College Policy G2 Development, Adoption and Acceptance of the Operating Budget
Onondaga Community College Policy G4 Operating Budget Transfers

V. Contacts

Subject	Office Name	Title or Position	Telephone Number	Email/URL
Budget Matters	Financial Services	Senior Vice President and Chief Financial Officer	(315) 498-2268	m.r.manning@sunyocc.edu

VI. Definitions

Term	Definition
Operating Budget	The College’s final operating budget, as approved by Onondaga County and the SUNY Trustees as described in the College’s policy on development, adoption and acceptance of the operating budget.

VII. Procedures

Where necessary and feasible within the total dollar amount of the operating budget, the College’s Board of Trustees may approve the transfer of appropriations from one function or object of expense account to another. Where a proposed amendment will require an increase in the total operating budget, both Onondaga County and the SUNY Trustees must also approve the amendment. As soon as the College anticipates requesting an amendment to increase its total operating budget, the College shall immediately report the matter to the SUNY Chancellor or his/her designee.

Approved by OCC Board of Trustees April 3, 2006