CONTACT PERSON
NAME:
Charlene Waltz
PHONE:
(850) 488-1750
SUNCOM:
278-1750
CFO:
03-38
January 17, 2003
M E M O R A N D U M
TO:
University Presidents
FROM:
Wayne V. Pierson
SUBJECT:
Reversion of 2000-2001 Appropriations
NOTE:
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THIS MEMORANDUM REQUIRES A RESPONSE
BY FEBRUARY 1, 2003
As you know, the 2000-2001 legislative appropriations are subject to reversion on
February 1, 2003, pursuant to Section 216.301(3), Florida Statutes. This includes
appropriations granted from any funding source, including PECO, General Revenue,
and the Principal State School Trust Fund. For public school districts, appropriated
funds designated for charter schools are also subject to reversion. Please notify us
on or before February 1, 2003, of any 2000-2001 appropriation which is not
"under the terms of a binding contract."
It is anticipated that the Governor's Office of Planning and Budgeting will issue
guidelines for reporting fixed capital outlay appropriations subject to reversion that
are consistent with the guidelines issued in previous fiscal years. These guidelines
clarify the meaning of the term "under the terms of a binding contract" and identify
the following conditions in which amounts are not subject to reversion:
"Under the terms of a binding contract"
This requirement is met if your board has signed a contract (a purchase order or
general construction contract or sub-contract), or received bids and issued a notice
of intent to award the contract. The funds are considered to be under contract if
you have issued a purchase order to accomplish the work with in-house staff. If a
significant phase of construction is under contract, the remaining phases do not
revert (i.e., a project including a building addition and remodeling to be done in two
phases).
CFO 03-38
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January 17, 2003
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Page 2
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Specific Appropriations for Non-Construction Do Not Revert
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Specific appropriations for land acquisition, planning or equipment do not revert.
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Amounts Not Under Contract That Do Not Revert
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If the primary or main part of the construction project is under contract, the funds necessary for the
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secondary portions of the project, such as landscaping, paving, and equipment, are not subject to reversion.
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Specific Projects Funded from Appropriations for Two Years
€
Projects funded from appropriations for two years have 31 months from the last appropriation.
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Appropriation for Several Locations
€
An appropriation for several locations requires that work at each location be under contract prior to
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February 1, 2003. For institutional type projects, each institution is a location, and for multiple buildings,
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a building is a location.
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To respond to this request, please complete the enclosed form and return it to:
Charlene Waltz
€
Educational Facilities Budgeting Administrator
€
Educational Facilities
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325 West Gaines Street - Room 1004
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Tallahassee, Florida
32399-0400
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Fax No.: SUNCOM 278-2708 or (850) 488-2708
€
WVP/cw/ch
Enclosure
cc:
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University Vice Presidents for Administration and Finance
Dr. Carl Blackwell, Division of Colleges and Universities
Mr. Bob Henker, Division of Colleges and Universities
All 2000-2001 appropriations are under contract.
NO
If NO, report the appropriation amounts below, indicate in the remarks section whether the funds are
needed, and the status of the project.
General Revenue, etc.)
Amount
Funding
Name of Appropriation
FROM:
Agency Name:
Signed:
Title:
Telephone:
SUNCOM #:
YES
Identify the funding source of the appropriation (i.e., PECO,
Not Under
Remarks
Contract
Source
Fax this document to (850) 488-2708 or SUNCOM 278-2708.