Upon final approval and campus notification of new academic programs (via the Category I proposal process), the Office of Academic Planning and Assessment will notify the Office of Budget and Fiscal Planning of the amount specified in the Category I proposal (one-time non-recurring or four-year annual transfer). The office of Academic Planning and Assessment authorizes the Office of Budget and Fiscal Planning to initiate a voucher transfer from the academic unit(s) to the Valley Library.
The Office of Budget and Fiscal Planning will notify the academic unit(s) of the amount that is to be transferred (transfer voucher) to the Valley Library. If it is a recurring amount, the Office of Budget and Fiscal Planning will set up an annual transfer of the specified amount not to exceed four years of fund transfer.
Note: Although new programs may be approved several months before their date of implementation, the fund transfer will occur shortly after Board approval, in order to facilitate the Valley Library's acquisition of monographs and serials required for the new program.
Approval & Revisions: 2/25/04