FIN 207: Closing of Agency/Orgs
To discuss reviews to be performed when a university department desires to close an agency/org
When an org manager desires to close an agency/org, a written memorandum must be sent to Financial Services.
Before the memorandum is sent, any telephone lines must be deleted or moved to a new agency/org. Coordinate the telephone changes with the Telecommunications Services Department.
If a surplus exists, indicate the agency/org to which the surplus should be transferred. If a deficit exists, indicate a funding source. If the responsible org manager does not indicate a funding source for a deficit, the responsible provost, vice provost, vice president, or dean is responsible for indicating a funding source.
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