November University Distribution and Federal Fridays

November University Policy Distribution 

The November university policy distribution contains one (1) revised UW System Administrative policy and one (1) revised UW System Administrative procedure.

Revised UW System Administrative Policy

• SYS 308, Budget Amendments

Revised UW System Administrative Procedure

• SYS 308.A, Budget Amendment Process

Click on the links above to view the drafts and ensure that your feedback is captured for review during the post-comment period. Comments can include attachments, including word documents and PDFs.

Comments on the proposed policy revisions and recissions above are due at 5:00 pm on Friday December 12. 

DRAFT REVISED POLICY AND PROCEDURE

SYS 308, Budget Amendments

SYS 308.A, Budget Amendment Process

These policy and procedure revisions will be effective upon signature by the President.  

Summary of Policy and Procedure Revisions 

• This policy provides direction regarding budget monitoring within the systemwide financial system and the need to adjust institutional Annual Operating Budgets during the fiscal year.
• Revisions include:
• Throughout the policy and procedure, makes technical adjustments related to new Workday terminology and processes.
• Throughout the policy and procedure, changed “transfer” to “amendment.”
• In Section 5 of the policy and Section 3 of the procedure, consolidates definitions into one section for clarity.
• In Section 6 of the policy, clarifies that required shifting of expenditures to other funding sources to avoid year-end overdraft status only applies to GPR funds.
• In Section 6.D of the policy, adds language regarding GPR Revenue Budget Amendments to ensure alignment between budget revenue and expenditures.

Federal Fridays

The Universities of Wisconsin Federal Update Working group has a Federal Updates web page for the public to learn about the federal issues the UW is monitoring. The site provides a dashboard view of the various issues organized by topic, with a summary and links related to the topic.