FSM Revision Log

Policy Revised On
1.01 Financial Policy-Making Policy
Created new policy addressing the review, approval, implementation, maintenance, and publication of Financial Policies, replacing the former Guide to the Manual. No substantive change to existing authority or operational responsibilities.
8.33 University Development Fund Policy and Procedure
Updated policy to reflect the reduction in the Gift Charge rate from 6% to 5%.
9.11 Employee Recognition
Remove broken links and references to the Human Resources Employee Recognition Policy that was administratively retired. No change to policy.
9.20 Financial Compliance Purchasing Card (PCard) Violations
Updates to procedure and FAQ related to reimbursement process. No change to policy.
9.17 Technology Allowances and University-owned Cell Phones
New eligibility standards for technology allowances and updated requirements for university-owned cell phones.
7.01 University Budget, Fund Balance, and Reserve Policy
Update Service Center reserve requirements to 60 days to align with the Service Center Handbook.
9.13 Business Meals
Clarified existing requirements for attendee lists and added related FAQ for guidance; no substantive change to policy.
9.10 General Expenditure Policy
Clarified Business Purpose definition and documentation requirements to allow evaluation based on the totality of the full transaction record. No change to policy intent or requirements.
7.01 University Budget, Fund Balance, and Reserve Policy
Update policy 2.3.2 to clarify funds are managed on a budget basis.
8.12 Gifts
Updated select definitions and removed former policy statement 3 to reflect the current organizational structure, terminology, and processes of the University of Arizona Foundation.