financial rep meeting july 14, 2011. sponsored research roberta mcmanus 2
TRANSCRIPT
Financial Rep MeetingJuly 14, 2011
SPONSORED RESEARCH
ROBERTA MCMANUS
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Facilities and Administrative Rate Proposal Submission
Section
FSU F&A Recovery
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FY2006 FY2007 FY2008 FY2009 FY2010 -
5,000,000
10,000,000
15,000,000
20,000,000
25,000,000
30,000,000
F&A
F&A
$22.0
$27.2$25.
0$24.9
$22.2
OverviewBase year = Fiscal Year 2010Due 12/31/2010
◦Granted extension to June 30, 2011Space Survey conducted Aug – Dec 2010Factors impacting process
◦New accounting system (OMNI)◦Methodology overhaul◦5 new Research buildings◦7 years since conducted space survey◦ Implementation of space survey software◦Whole new FSU team!
Results!!Final submission June 30, 2011
◦ To Division of Cost Allocation, DHHS◦ Via email◦ Hard copy mailed
Current rates◦ 47.00% On Campus◦ 26.00% Off Campus◦ 67.00% NHMFL
Proposed Rates◦ 61.08% On Campus◦ 26.00% Off Campus◦ 70.02% NHMFL
What’s Next??Data request from DCA
◦Generally 3 months after submission◦Provide details of numbers submitted
Space walkthrough◦DCA auditors on site◦Expect sometime between Jan – Mar 2012◦Focus on research space
Negotiation◦Expect face to face
New rates◦Anticipate effective July 1, 2012
