1. Research Accounting & Analysis (RAA) Update MRAM May 2010

2. F&A Proposal MRAM May 2010 2 Division of Cost Allocation (DCA) has begun review of proposal UW expects site visits this summer

3. Deficit Policy MRAM May 2010 3 New deficit procedures underway to align with the UW deficit policy Working towards an online report

4. Deficit Transfers MRAM May 2010 4 Ability for campus to process deficit transfer through GrantTracker Testing phase now

5. clso MRAM May 2010 5 Improvement goals Eliminate backlog of 5400+ budgets Close budgets within 120 days of expiration Time savings to campus Eliminate monitoring of expired budgets Eliminate multiple requests to close Prevent late charges Resolve issues while memories are fresh and records are current Allow quick transfer of balances and deficits to renewals Closings