2124  PRICE INCREASE RESERVE

The Office of Budget Planning and Administration projects an inflationary 
budget cost factor.  The total estimated cost for each campus due to inflation is 
transferred to the price increase reserve to insure that adequate funds are 
available for inflationary price increases during the budget year.

Auxiliary and Business Services will transfer the price increase reserve to the 
campus operating budget prior to the beginning of the fiscal year.  Actual price 
increases will vary from the amount held in reserve.  It is the responsibility of 
the campus to insure that adequate funds are available.