Salary Savings

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Teachers College, Columbia University
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Budget and Planning

The Office of

Salary Savings

Except as outlined in the Budget Memo sent to academic departments annually, salary savings derived from employee departures and unfilled positions are monitored and managed by the Office of Budget and Planning.

Fringe savings may not be allocated to other budget lines under any circumstances.

Departments may request salary savings be transferred to cover the costs of backfilling avacant position (or duties thereof). The amount of salary savings available for use is determined by the Office of the Provost for instructional positions (account 61XX) and the Office of Budget and Planning for non-instructional positions. Salary savings may differ from what appears in Banner.