Cash Carryforward Procedures for Unappropriated Funds

Agencies are not required to obtain authorization from OSBM to carry forward unappropriated funds. Unappropriated funds to be carryforward are the credit balances in the Central Payroll Clearing Account (211240), Health Benefits Clearing Account (211930400), Sales Tax Payable (211940), Payable Clearing Account (2138AA), and any other agency defined clearing account. Fiscal year-end cash carryforward for unappropriated funds are recorded as a debit to the clearing accounts in the current fiscal year. Cash carryforwards are receipted in the next fiscal year as a credit to the applicable clearing account.