Please find the FY23 spend guidelines that will be effective August 1, 2022. The guidelines remain the same as last year’s with the following changes:
- Purchase approval (except travel and hospitality) increased from $2,500 to $5,000.
- We are encouraging the campus to continue to be prudent about travel by utilizing virtual attendance as much as possible. There are no changes to grant-funded travel rules, but for non-grant-funded travel we are requiring approval only for overnight travel.
- Note that the use of MyTravel to book all travel (with some documented exceptions) is expected to become mandatory effective September 15, 2022 (the BoG Travel Rule was amended & presented to the BoG at the June meeting, is in the comment period, and is expected to be ratified at the September BoG meeting).