June 2024 Newsletter
Fiscal Updates:
- FY24 Fiscal Year End
- FY24 University Year-End Deadlines
- Click this link for a complete list: https://controller.media.uconn.edu/wp-content/uploads/sites/1123/2024/03/EYD2024.pdf
- Internal BO Deadlines – please submit by internal deadline to allow enough time for review:
- Payroll Funding Changes – Fri, May 24th
- Financial Processing (DI, GLT, TF, ST, IB, BA, SSBA) – Fri, June 14th
- Foundation Reimbursement (RFD) – Fri, June 14th
- Foundation Reimbursement
- Reconciliation process – the BO will be directly processing RFDs for the departments that have an arrangement with us
- For the departments that would like to utilize the BO for this process, please reach out to cahnrbo@uconn.edu
- CCR – this will be processed by the Business Office in period 13
- For programs that have been identified as entrepreneurial for revenue sharing, we will be processing the transfers to recoup a portion of the revenue generated for Provost’s Office and CAHNR Dean’s Office per policy – for more information, please refer to the Entrepreneurial Revenue Distribution Policy found on the College Intranet
- FY24 University Year-End Deadlines
- Summer Pre-encumbrances:
- The B.O. will be pre-encumbering salary and fringe for FY24 and FY25 (starting 6/14/24 onwards) for the following payroll types:
- Summer Grads, Faculty Summer, and other Special Payroll appointments on grant accounts
- The Pre-encumbrance will be reflected in the June 1st reports
- The B.O. will be pre-encumbering salary and fringe for FY24 and FY25 (starting 6/14/24 onwards) for the following payroll types:
- Business Office Reports
- In July, there will be two report distributions for department and faculty reports. As we move through the first couple of weeks of July, the Business Office will be preparing account budgets and update all accounts to reflect the starting FY25 balances
- July 1st – will reflect FY24 ending balances; These will be the last report distribution for FY24
- By July 14th – will reflect FY25 beginning balances
- In July, there will be two report distributions for department and faculty reports. As we move through the first couple of weeks of July, the Business Office will be preparing account budgets and update all accounts to reflect the starting FY25 balances
- FY25 New Fiscal Year
- Salary Savings Accounts
- Reminder – the BO will load any remaining prior year (FY24) salary saving account spendable balances for depts. and faculty on July 1st. These funds expire 6/30/2025
- Salary Savings earned in FY24 will be distributed on July 1st (FY25). These funds expire 6/30/2026
- CAHNR Awards
- For those who received CAHNR Awards, the BO will establish new 6L RFNDO accounts and will manage any Foundation Disbursements by the end of FY24
- These accounts will have the award recipient listed as the ‘Account supervisor’, and will be included in their monthly account statements starting July 14th
- Salary Savings Accounts
HR (Human Resources) and Payroll Updates:
- Fall Graduate Students
- Offer Letter for Continuing Students due to Student by June 1st
- Smart-HR Deadline – Friday, June 28th (tentative)
- Payroll Deadline – Friday, July 12th (tentative)
- Adjunct Faculty (Term Date: 8/26/24 to 12/18/24)
- Updated Adjunct Credit Rates:
- Faculty per credit minimum rate is $2,062.
- Adjuncts who have worked more than four semesters of continuous employment must minimally earn the 2% increased per credit rate of $2,103.24
- Adjuncts who have worked more than twelve semesters of continuous employment must minimally earn the 3% increased per credit rate of $2,123.86
- PageUp Deadline
- Business Office Deadline: Friday, June 7th
- University Deadline: Tuesday, July 16th
- Smart-HR Deadline
- Business Office Deadline – Friday, July 19th
- University Deadline – Friday, July 26th
- Faculty per credit minimum rate is $2,062.
- Updated Adjunct Credit Rates:
- PageUp
CAHNR Internal Professional Development Opportunities:
The CAHNR’s Dean’s Office is committed to providing opportunities for faculty, staff, and graduate students to expand their professional knowledge and skills. Throughout the year, the Dean’s Office will organize workshops and offer training, that will help the CAHNR community grow. Workshops and training will focus on fostering employee understanding and abilities in both hard and soft skills, such as in communication, HR/Payroll competency, and creativity.
As Professional Development Opportunities are finalized, they will be listed on our website here. Please be sure to check regularly for new learning opportunities and other about upcoming events.
- CAHNR B.O. Workshop
- Over the summer, the CAHNR BUsiness Office will host a series of office hours. This hour will be left open and available for any topic and/or questions.
- Schedule change from previous announcement:
- Tuesday, June 11th, 10AM – 11AM
- Thursday, June 13th, 2PM – 3PM
- Schedule change from previous announcement:
- Over the summer, the CAHNR BUsiness Office will host a series of office hours. This hour will be left open and available for any topic and/or questions.
- CAHNR Staff Advisory Council (SAC)
- Visit the CAHNR Staff SharePoint Site for opportunities with professional development, networking, and even hobby and wellness events.
Shout Out:
- Welcome
- Courtney Trzasko, Financial & Administrative Specialist, PSLA
- Sarah LeDuc, Administrative Program Support 1, Dean’s Ofc
- Farewell
- Lindsay Polhemus, AHS
- Katrease Sharavolli, KINS
Fun “Dad” Jokes:
- Did you hear about the dog who wears a swimsuit? Apparently, it looks quite fetching
- What do you call a lobster that won’t share? Shell-fish.
- Two kittens had an argument. It ended in a cat-astrophe