Administrative Officers/Fiscal Officers Meeting Minutes

September 17, 2008 at 9:00a.m., Campus Center 307/308

 

 

 

I.                 CFO Items – Howard Todo

 

      Question:  According to President David McClain’s September 9th memo, it states that effective immediately, and until further notice, general funds may not be used (lists items).  Is the restriction only for General funds?

 

      Answer:  Yes, according to Governor Lingle’s Memo of August 26th, there is a slow growth in State revenues and therefore the State needs to take action to control and reduce government expenditures starting with FY 09.

 

The University departments will also need to look into other funding (Federal, Trust, Special, etc) and must use discretion in our spendings.

 

Comment by Marie Ohta: 

The UHM Chancellor’s Office has met with the deans and directors and will be transmitting detailed instructions on this matter shortly.

 

 

 

II.               Conversion to Check Imaging – Barbara Kawamoto/Mike Wong

 

 

 

III.             Kuali Financial System (KFS) Demo – Tammy Vandevender

 

 

 

IV.            Consolidation of Unblocked MCC Codes – Gwen Won

 

 

 

V.              Business Affairs Circular – Quarterly Cut-Off Dates – Russ Miyake

 

       The schedule for Cut-off Dates for Quarter Endings will no longer be prepared.  However, the Schedule for Year-end Closing will continue.

 

 

 

VI.            Other

 

 

 

 

 

Next meeting – October 15, 2008 (Wednesday).

Please submit agenda items by Monday, October 6, 2008.