Finance Division

To:  University Business Managers
University Accounting Personnel

From:  Chandrika Rao, Director, Accounting Services
Kathi Wimmer, Finance Training Coordinator

Date:  January 29, 2008

The Finance Division is pleased to announce that Account Requests for Conferences and Account Requests for Non-OSR Contracts and Grants can now be submitted using the online Account Request system.

January 12, 2008

Mary Parrish, UNC at Chapel Hill's business continuity officer, addressed the State of North Carolina's Credit Union Division leadership on January 11, 2008, at their offices in Raleigh.  Mary discussed strategies for the Division's continuity planning for a pandemic crisis, and shared with participants some of the University's challenges and planning.  Credit Union Division members asked for home planning guidance as well.  Tony Knox, Deputy Administrator for the Division, described Mary's presentation as "very valuable."

To:  University Business Managers

From:  Roger Patterson, Associate Vice Chancellor for Finance

Date: January 7, 2008

Due to budgetary constraints, the Annual Report for the Finance Division will no longer be available in print form.  To access an electronic copy of the report for FYE 2007 please go to http://finance.unc.edu/finance-division/reports--data/annual-reports.html.

Date: December 28, 2007

To: Deans, Directors, and Department Chairs

From: Martha J. Pendergrass Director, Material & Disbursement Services

Subject: State Mileage Allowance

Effective January 1, 2008, the Internal Revenue Service (IRS) has increased the business standard mileage rate from 48.5 cents per mile to 50.5 cents per mile. Pursuant to state statute, the Office of State Budget and Management changed the allowable rate of reimbursement for travel on official business by state employees to be equal to the IRS rate.