As we approach the end of our fiscal year, I would like to remind all budget managers of the following accounting policy for invoices and travel:
· Only invoices and credit card charges for materials received or services actually rendered on or before June 30, 2018 will be recognized as 2017-18 expenditures.
· Materials received or services rendered on/after July 1, 2018 will be recognized as 2018-19 expenditures.
· Conferences including registration, hotel and airfare for conference dates occurring on/after July 1, 2018 will be recorded as expenditures in the 2018-19 fiscal year. We will review the date the event occurs, it is not based on being submitted or paid before June 30th.
If you have any questions regarding an invoice or travel reimbursement, please contact me directly at 663-6790 or Jane Wilhelm at 663-2203. Thank you for your service as a budget manager.