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Resolution:Budget Realignment Authorization

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Menu Budget Realignment Authorization
Approved (7–0) on Aug 26, 2012. Repealed on Apr. 3, 2014 by the Revised Budget Realignment Authorization.

RESOLVED,

  1. Project Leads shall have the authority to realign line item allocations within their approved project budget; Provided, that such amounts do not exceed Five Thousand Pesos (₱ 5,000.00), otherwise approval of the President and Treasurer shall be necessary. The Treasurer shall then notify the Board of such realignments that the President and Treasurer have approved.
  2. The President and Treasurer shall have the authority to realign any line item allocation in the administrative budget.