Budget Position Codes
Another important part of the knowledge base of IRM is to understand budget position codes. There are two types of budget positions:
- Individual budget positions
- Pooled budget positions
Each full-time employee and regular part-time employees each have a budget position number that is unique to that person; these are individual budget positions. Other positions where multiple people share the same budget position number are called “pooled positions.” Budget positions such as adjunct instructors and full-time faculty overloads are examples of pooled positions.