Frequently Asked Questions
Q: How often does the permanent budget get updated?
A: The permanent budget is updated weekly and is populated every Tuesday with refreshed data.
Q: How long will it take for my ILTF to show up on my Operating Ledger?
A: Interlocation transfers are processed once a month by UCOP toward the end of each fiscal period. You can expect IFIS and the Permanent Budget to reflect those transfers at the end of the second week of the following month.
Q: What is a Turnover Provision?
A: A turnover provision is designed to maintain permanently funded salary savings caused by employee turnover or similar staffing actions in salary accounts with the intent of preserving employee benefits funding. A Turnover Provision MUST be coded with the following information:
- Provision Type: G
- Title Code: 9999 (Unclassified)
- Monthly Rate: $0.00
- FTE: 0.00
- Annual Rate: Amount of permanent salary savings
- PERB: 99
- REP: U
NOTE: There is no FTE associated with a turnover provision (which is a change from the past). Also, note that turnover provisions can maintain any dollar amount.