[Plsfaculty] FW: TIME SENSITIVE: RII Financial Commitments to Divisions, Colleges, and Centers
Marquez, Mario A - (marquezm)
marquezm at arizona.edu
Sun Feb 26 16:43:17 MST 2023
From Alicia Roberson
FW: TIME SENSITIVE: RII Financial Commitments to Divisions, Colleges, and Centers
Greetings Faculty,
Please see the memo that I received today regarding RII funding pullback waivers. I understand this is the 3rd year they’ve used this model, where we need to request an exception for funds that will be spent between April 30th and June 30th.
Please let me know the status of any funds this applies to, and if you would like to request a waiver. If we are going to be completing a waiver, the expectation is there is a real and valid need for the funding, and it will be spent by June 30th. Janis Rutherford, CALS Assistant Dean, of Finance and Administration, is asking that we route the waivers for her review prior to being submitted to RII. The deadline for submission to CALS is March 20th.
If you would like to request a waiver, please email your requests to plsfinance at cals.arizona.edu<mailto:plsfinance at cals.arizona.edu> by March 17th .
Thanks,
Alicia
Alicia Roberson
Manager, Finance and Administration
CALS School of Plant Sciences
THE UNIVERSITY OF ARIZONA
Forbes 303B
PO BOX 210036 | Tucson, AZ 85721
Office: 520-621-8689
arobers1 at arizona.edu<mailto:arobers1 at arizona.edu>
[Division of Agriculture, Life and Veterinary Sciences, and Cooperative Extension]
__________________________________________________________________________________________________________________________________________________________________________________________
From: SVPRII <SVPRII at arizona.edu<mailto:SVPRII at arizona.edu>>
Date: February 22, 2023 at 15:02:31 MST
Subject: RII Financial Commitments to Divisions, Colleges, and Centers
Good afternoon,
This memo serves as a reminder for the Office of Research, Innovation, and Impact (RII) process for annual control of investment funds. RII commitments will not roll over year to year and unspent balances will be swept back to RII at the end of April each year, after encumbrances and commitments have been taken into consideration. We will NOT reduce total allocations unless forced to by overall reductions in our budget base. We will instead add an extra year onto the commitment period during which unspent balances from previous years will be allocated. If your commitment has been granted an extension before, a waiver will need to be submitted to justify additional extension requests.
This process is applied to accounts under sub-fund IDC-Development (IDCDEV) with the below exception:
1. RII Research Development Grant Program (Internal awards) such as faculty seed grants
TRIF funds are also excluded from this process, however, please work with TRIF initiatives leads on TRIF requests such as no-cost extensions, new funding requests, etc.
Below is the link to the waiver form on Smartsheet to fill out no later than March 31 for this fiscal year.
https://app.smartsheet.com/b/form/d8e4d91008864d76a0b69d02373157d3
Our office will be sweeping unspent balances after April 30 from accounts with no waiver submitted. Waivers will be reviewed and if approved, we will leave funds in the account and there must be a guarantee that the waived amounts will be spent by June 30, 2023.
If you have additional questions about this process, please contact RII-funding at arizona.edu<mailto:RII-funding at arizona.edu>.
Many thanks,
Elizabeth (Betsy) Cantwell, MBA, PhD
Senior Vice President for Research & Innovation
THE UNIVERSITY OF ARIZONA
Administration 601
PO Box 210066 | Tucson, AZ 85721
Office: 520-621-1622 | Main: 520-621-3513
ecantwell at email.arizona.edu<mailto:ecantwell at email.arizona.edu>
www.arizona.edu<https://www.arizona.edu/>
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