Source of Information
https://www.nj.gov/education/finance/fp/af/transfer/
How the data is calculated (See below image)
Rows will turn RED if the % change of transfers is less than -10% or greater than 10%
The reports replays expense account transactions from July 1st to the last day of the month selected for the report.
Column # | Report Column Number | Calculation |
|---|---|---|
| 1 | Original Budget | Account as of July 1: Original Appropriation |
| 2 | Revenues Allowed + Pr Yr Reserve | Account as of July 1: Prior Year POs |
| 3 | Orig + Rvnues Allowed + Pr Yr Reserve | Columns 1+ 2 |
| 4 | Maximum Transfer Out Allowed | 10% of column 3 (Rounded half up) |
| 5 | YTD Net Transfers | Account as of July 1 (Current Appropriation) - Account as of End of Month (Current Appropriation) Transfers In - Transfers Out |
| 6 | % Change of transfers | (Column 5 * 100) / Column 3 (Round half up) |
| 7 | Remaining Transfers Out Allowed | Column 4 - Transfers Out |
| 8 | Account Balance | Account as of End of Month (Available) |
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