ECU FINANCIAL SERVICES WORKSHOP FEBRUARY 28, ECU的金融服务研讨会2月28日.pptVIP

ECU FINANCIAL SERVICES WORKSHOPFEBRUARY 28, 2012 . EAST CAROLINA UNIVERSITY OFFICE OF GRANTS AND CONTRACTS grantsc@ GRANT REASSIGNED TIME EMPLOYEE BUY OUT SALARY CHARGED TO A GRANT INSTEAD OF THEIR STATE LINE/POSITION LAPSED STATE SALARY DOLLARS (STATE POSITION) MAY BE CONVERTED TO OPERATING FUNDS GRANT CONTRACT REASSIGNED TIME FORM (GCRT) – ON BUDGET OFFICE WEBSITE /cs-admin/financial_serv/budget/budget-forms.cfm grantsc@ REASSIGNED TIME continued NEED TO SUBMIT BUYOUT EPAF EARLY NEED TO SUBMIT GCRT FORM EARLY SIMULTANEOUS WITH EPAF APPROVAL SUBMIT TO BUDGET OFFICE NOT OGC LAPSED SALARY LIMITED TIME AVAILABLE CURRENT FISCAL YEAR WILL NOT NORMALLY BE CARRIED OVER TO NEXT FY grantsc@ HHS SALARY CAP APPLIES TO ALL HHS AGENCIES NIH, HRSA, CDC, FDA, ACYF, AHRQ, IHS, SAMHSA, etc. IS A RATE OF PAY – NOT A CUMULATIVE AMOUNT PAID $179,700/YEAR MAX $14,975/MONTH MAX $7,487/PAY PERIOD MAX RESULTS IN MANDATORY COST SHARE FOR ANYONE WITH A UNIVERSITY SALARY HIGHER THAN THE CAP EFFECTIVE AS OF 12/1/11 FORWARD EFFORT PERIODS grantsc@ HHS SALARY CAP continued EFFORT COMMITMENT REMAINS THE SAME IT IS ONLY THE RATE OF PAY THAT CAN BE CHARGED TO THE GRANT THAT HAS CHANGED. EXAMPLE: $200,000 UNIVERSITY 12-MONTH SALARY, WITH 15% MINIMUM EFFORT COMMITMENT. MAX PAY IS $179,700/YR. 15% = $26,955 MAX PAY RATE, BUT $26,955 = 13% UNIVERSITY SALARY, THEREFORE EPAF SHOULD BE FOR 13% $$ EQUIVALENT AND 2% = WILL BE REQUIRED COST SHARE TO MAKE EFFORT COMMITMENT grantsc@ grantsc@ HHS SALARY CAP continued EXAMPLE: $200,000 UNIVERSITY 12-MONTH SALARY, WITH 15% EFFORT COMMITMENT. MAX PAY IS $179,700/YR RATE. EP PROCESSED AT UNIVERSITY RATE $200,000, $8,333/PP, 15% = $1,250/PP AT EFFORT REPORTING TIME WITH 5 PAY PERIODS, TOTAL PAY IS $41,666 ERS GRANT PAY IS SHOWING AS 15% AND $6,250 BUT MAX ALLOWABLE IS $5,615 grantsc@ HHS SALARY CAP continued IN ERS - WILL NEED TO COST TRANSFER OFF $635 FOR NEW TOTAL PAID OF $