February 27, 1997
LAWRENCE C. HERSHMAN
ASSOCIATE VICE PRESIDENT AND DIRECTOR OF THE BUDGET
Delegation of Authority--Transfers of University Operating Funds
Section 100.4(o) of the Standing Orders of The Regents provides as follows:
100.4 Duties of the President of the University:
Effective immediately, as Director of the Budget, you are authorized to approve transfers of University operating funds consistent with the provisions of Standing Order 100.4(o). I am delegating authority for allocations of operating funds in a separate action. Any redelegation of this authority shall be made in writing with a copy furnished to the Special Assistant--Coordination & Review. Any such redelegation shall be subject to conditions which are at least as restrictive as, but which may be more restrictive than, the conditions of this delegation to you.
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(o) The President is authorized to approve transfers or allocations of
University operating funds..., subject to any limitations which might be
imposed by the terms of said funds, provided:
(1) That no such transfer or allocation shall result in the
establishment of a new policy, program, or project involving a
(2) That no transfer shall be made from a reserve fund for a purpose
other than that for which the reserve fund was established.
This delegation supersedes the June 3, 1993 delegation of authority to the Provost and
Senior Vice President--Academic Affairs (DA 1085) on this same subject.
Richard C. Atkinson
Members, President's Cabinet
Special Assistant Gardner
Principal Officers of The Regents