People Budgeting

All permanent positions are to be budgeted for an entire fiscal year. The full twelve months of funding for each position must be budgeted even for a position that is new or vacant and is not expected to be filled until later in the fiscal year. The sum of the salaries on the position listing either balances to, or is less than, the salary total of your department’s budget.

Implementation of the Centralized Compensation Pool for CSU Operating Fund 70000

Effective July 1, 2018, Campus established a Centralized Compensation Pool for CSU Operating Funded-positions, similar to the established Centralized Benefits Pool.  Division salary budgets have been updated to represent all active ongoing filled and vacant positions that were reported in Position Listing Reports submitted by Divisions.  All budgets in Account Category 601 – Regular Salaries and Wages on CSU Operating Fund 70000 will revert to the established Centralized Compensation Pool with an effective date of July 1, 2018. Each month after the monthly Labor Cost Distribution process completes, budget will be allocated from the Centralized Compensation Pool to departments to cover salary expenditures.

Questions regarding the Centralized Compensation Pool may be directed to local Division Budget Officers or the Office of Budget Planning & Financial Management.