Budgeting of Non-Recurring Resources

Policy Number
BP 6210
Policy Category
Chapter 6 - Business and Fiscal Affairs
Adopted
Last Reviewed

Non-recurring resources are resources that are not part of an annual revenue stream. Non-recurring resources include but are not limited to such categories as:

  • Fund balances (i.e., "carryover")
  • Reserves
  • One-time grants or awards of money
  • Funds withheld from annual budget allocations (e.g., funds held back from annual General Fund transfer to Capital Repair & Improvement)
  • Special allocations from the state (e.g., allocations from the Emergency Board)
  • Other special allocations (e.g., "seed money" for a project) 

Non-recurring resources shall not be budgeted for ongoing recurring expenditures.

Non-recurring resources may be allocated for one-time expenditures including but not limited to the following:

  • Capital equipment
  • Capital construction
  • Investment in a new program or service that will move to recurring funding sources after a specified trial period
  • Projects related to the strategic directions of the college.

However, the College shall not rely on non-recurring resources for funding ongoing needs such as major maintenance and equipment replacement.
 

References

Note: This policy replaces retired Board Policy 225 (last reviewed November 6, 2024). The language has been adopted without change and renumbered to align with the four-digit policy structure.

Board Policies are adopted by the Lane Community College Board of Education and establish the College’s governing principles and institutional direction. These policies are reviewed by the Board at least every five years or more often as needed. Board Policies are distinct from College Operating Policies and Procedures (COPPS), which provide operational guidance and are developed through governance processes and by responsible managers.