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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link=blue vlink=purple><div class=WordSection1><p class=MsoNormal><span style='color:#1F497D'>Dear Faculty,<o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='color:#1F497D'>Please note the below email which indicates as of 1.25.13, the ERE rates on Undergraduate Student employees will be reduced to 6% for payroll purposes only. This means the ERE expense on your accounts will be less by 6% for your Undergraduate Employees for the remainder of this fiscal year.<o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='color:#1F497D'>But, for grant budgeting purposes, we still have to use the 12% ERE rate that was published/approved this past spring.<o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='color:#1F497D'>Please let me know if you have any questions.<o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='color:#1F497D'>Cheers<o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'>Donna-Rae<o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p><div><p class=MsoNormal><b><i><span style='color:#7030A0'>Donna-Rae M. Marquez<o:p></o:p></span></i></b></p><p class=MsoNormal><b><i><span style='color:#7030A0'>Manager, Business & Finance<o:p></o:p></span></i></b></p><p class=MsoNormal><b><i><span style='color:#7030A0'>School of Plant Sciences<o:p></o:p></span></i></b></p><p class=MsoNormal><b><i><span style='color:#7030A0'>The University of Arizona<o:p></o:p></span></i></b></p><p class=MsoNormal><b><i><span style='color:#7030A0'>P.O. Box 210036<o:p></o:p></span></i></b></p><p class=MsoNormal><b><i><span style='color:#7030A0'>Tucson, AZ 85721<o:p></o:p></span></i></b></p><p class=MsoNormal><b><i><span style='color:#7030A0'>520.621.8689 (Telephone)<o:p></o:p></span></i></b></p><p class=MsoNormal><b><i><span style='color:#7030A0'>520.621.7186 (FAX)<o:p></o:p></span></i></b></p></div><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p><div><div style='border:none;border-top:solid #B5C4DF 1.0pt;padding:3.0pt 0in 0in 0in'><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'>From:</span></b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'> uaccessfinancials-request@list.arizona.edu [mailto:uaccessfinancials-request@list.arizona.edu] <b>On Behalf Of </b>Hinze, Nicole J - (hinzen)<br><b>Sent:</b> Thursday, January 24, 2013 3:08 PM<br><b>To:</b> uaccessfinancials@list.arizona.edu<br><b>Cc:</b> Van Valkenburg, Elizabeth - (ejv)<br><b>Subject:</b> [uaccessfinancials] IMPORTANT NOTICE ABOUT STUDENT ERE RATES<o:p></o:p></span></p></div></div><p class=MsoNormal><o:p> </o:p></p><p class=MsoPlainText>January 24, 2013<o:p></o:p></p><p class=MsoPlainText><o:p> </o:p></p><p class=MsoPlainText>IMPORTANT NOTICE ABOUT <b>STUDENT ERE </b>RATES:<o:p></o:p></p><p class=MsoPlainText><o:p> </o:p></p><p class=MsoPlainText>As formerly discussed by Mark McGurk in the Auxiliary Business Meeting, the Employee Related Expense rate for students has been reviewed by FSO and reduced accordingly. As of the 1/25/2013 pay date and going forward<span style='color:#1F497D'>,</span> the Student ERE rate will be applied at 6%. <o:p></o:p></p><p class=MsoPlainText><span style='color:#1F497D'><o:p> </o:p></span></p><p class=MsoPlainText>The 6% rate CANNOT be used for budgeting Grants and Contracts, please use the approved rates as published at:<o:p></o:p></p><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='color:#1F497D'><a href="http://www.fso.arizona.edu/sites/default/files/fm/ere1213.pdf">http://www.fso.arizona.edu/sites/default/files/fm/ere1213.pdf</a><o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='color:#1F497D'>Nicole Hinze |Assistant Comptroller<o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'>Financial Services Office| Financial Management<o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'>The University of Arizona<o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'>ph: 520-621-7739 |<a href="mailto:hinzen@email.arizona.edu">hinzen@email.arizona.edu</a><o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'><img border=0 width=155 height=60 id="Picture_x0020_1" src="cid:image001.png@01CDFA43.8EAF7A30" alt="Description: http://intranet.fso.arizona.edu/sites/intranet.fso.arizona.edu/files/UA_FSO_email-signature.png"><o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p></div></body></html>