Fourth Quarter Allotment Reversions

State agencies are allotted portions of their authorized budget each quarter based on projected revenues and expenditures. At the end of each quarter, any balance remaining in the agency's allotment account must be reverted to the state. Fourth quarter allotment reversions are recorded in the NCAS through a journal voucher entry in the Budgetary Control (BC) Module. All transactions related to the fourth quarter allotment reversion must have an effective date of June 30, the thirteenth financial accounting period.