The Office of Finance thanks all of campus for your diligence in complying with last year's spending restrictions, particularly in curbing end-of-year spending. In part due to these efforts, the university closed FY2026 with strong financial results.
Looking forward, the FY2027 budget was built and submitted as balanced under an assumption of flat enrollment numbers based on data seen in late spring. At this time, it appears enrollment is now trending down, and the university does not yet have a clear picture of the financial impact this will have. Until that impact is measurable, the university is extending the spending restrictions currently in place into FY2027.
As a reminder, the following limitations remain in effect for central university funds. Local, auxiliary, special appropriations, and grant and research funds are unaffected.
All new central fund operating and capital expenditures over $500 require preapproval by the unit or college dean, chief officer, or vice president, and the university business officer.
P-Card purchases require email preapproval, attached to the reconciliation.
Jaggaer purchases continue to route through UBOs, with deans as additional approvers over $500.
Travel preauthorizations require Chrome River/Emburse approval from the UBO and dean, chief officer, or vice president; expenses will not be reimbursed without a valid preauthorization.
Interdepartmental charges require email preapproval before processing.
Journal vouchers moving expenses onto central university accounts remain disallowed.
The university will reevaluate these restrictions as soon as the financial impact of the enrollment decline is measurable. Community members are encouraged to reach out to their UBO or the Office of Finance with any questions.
This content is sourced from
Idaho State University Twin Falls
. It reflects the author's views and has not been edited by our newsroom. It may have been generated using AI assistance.
