Deferred Expenditure Factsheet

The Business Planning & Analysis Team have developed a Fact Sheet on Deferred Expenditure (DE). The Fact Sheet aims to provide guidance and increase understanding of processes and principles including how and when deferred expenditure requests are managed.

DE relates to activities and/or projects in the discretionary segment which have been planned to take place in one year, but may now occur in future year(s). Deferral of tied expenditure is managed separately, in line with the total funding awarded for each relevant grant.

DE also provides incentives for favourable budget performance and can be utilised in future years, subject to approval by the Planning and Budgeting Committee (PBC).

If you have any questions, please contact Chris Soteriou, Associate Director, Business Planning & Analysis.


This entry was posted in Latest News, UFPM and tagged . Bookmark the permalink.

Comments are closed.