FSM Revision Log

Policy	Revised On
9.11 Employee Recognition Increase benchmark amount for reasonable costs for food and refreshments, including tax and tip, from $25 to $40 per person. Remove service minimum for retirement and farewell events and clarify requirements. Update taxation table to clarify and align with IRS requirements for length of service awards. Add new FAQ regarding reasonable cost for food and beverages.	03/14/2023 - 9:00 am
14.11 Travel Funding Revised policy paragraph 7 to remove the in-state travel restriction for Travel Advances on state accounts.	02/14/2023 - 7:35 am
14.71 Meals/Lodging Cost Index Added link to revised meals/lodging reimbursement rates effective 1/9/2023, per updated State of Arizona Accounting Manual.	01/18/2023 - 3:06 pm
14.15 Transportation Updated references to revised mileage reimbursement rates, as well as modifications to airport parking reimbursements, per State of Arizona Accounting Manual, effective 1/9/2023.	01/18/2023 - 3:05 pm
14.14 Lodging Updated references to revised lodging rates per State of Arizona Accounting Manual, effective 1/9/2023. No change to policy.	01/18/2023 - 3:03 pm
14.13 Meal Reimbursement Updated Meal Reimbursement rates effective 1/9/2023 per changes to State of Arizona Accounting Manual.	01/18/2023 - 3:01 pm
6.16 Component Unit Affiliates Condensed FSM 6.15 and 6.16 into one policy and aligned policy statements with ABOR Policy 1-125 Oversight of University Relationships with Component Unit Affiliates (issued November 2021).	01/11/2023 - 8:55 am
8.12.5 Gift Types Under 16. Scholarship Gifts, for the bullet labeled b, updated the dollar amount required for an endowment gift and named scholarship commitment. No change in policy.	01/04/2023 - 12:15 pm
8.13 Endowments Added additional endowment type entry to table located under Procedures, as well as updated endowment type titles and dollar amounts for existing entries. No change in policy.	01/04/2023 - 12:09 pm
Payments Allowed, Documentation Required Under Various Visa Classifications Updated references to the new nonresident tax compliance software used by the University, Sprintax Calculus. No change in policy.	01/04/2023 - 11:14 am