7 CFR § 1744.64 - Budget adjustment.

---
identifier: "/us/cfr/t7/s1744.64"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "7 CFR § 1744.64 - Budget adjustment."
title_number: 7
title_name: "Agriculture"
section_number: "1744.64"
section_name: "Budget adjustment."
chapter_name: "RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE"
part_number: "1744"
part_name: "POST-LOAN POLICIES AND PROCEDURES COMMON TO GUARANTEED AND INSURED TELEPHONE LOANS"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "7 U.S.C. 901  1921  and 6941"
regulatory_source: "55 FR 39396, Sept. 27, 1990, unless otherwise noted."
cfr_part: "1744"
---


# 1744.64 Budget adjustment.

(a) If more funds are required than are available in a budget account, the borrower may request RUS's approval of a budget adjustment to use funds from another account. The request shall include an explanation of the change, the budget account to be used, and a description of how the adjustment will affect loan purposes. RUS will not approve a budget adjustment that affects other loan purposes unless the borrower satisfies RUS that the additional funds are available from another source, requests a deficiency loan, or scales back the project.

(b) RUS may make a budget adjustment without a formal request by the borrower when a budget account is insufficient to encumber funds for a contract that otherwise would be approved by RUS. See 7 CFR part 1753.