2014 - 2nd Quarter

Welcome to InFocus

Interim Vice President and Treasurer Thomas Richards

Interim Vice President and Treasurer Thomas Richards

On Friday, June 13 the appointment of our new Chief Financial Officer, Dr. Brian Burnett was announced. Dr. Burnett is from the University of Colorado – Colorado Springs, where he currently serves as senior executive vice chancellor for administration and finance.

Dr. Burnett will join the finance team in leading the finance and business functions of the system, our four campuses and the university health care enterprise. His background includes service as associate vice president for administration and foundation relations at CU, where he managed the Development Services Agreement between the university and the CU Foundation supporting fundraising activities at all campuses in the University of Colorado System. As an associate member of the graduate faculty, Dr. Burnett has published several works and articles, as well as guest lectured and presented on the economic future and fiscal health of public higher education, particularly in his home state of Colorado.

Dr. Burnett’s first day with the system will be August 25, which will enable me to again focus full-time on my continuing role as Treasurer and Chief Investment Officer. I appreciate your hard work, cooperation and patience during this interim period.

Please welcome Dr. Burnett to our Finance team.


Tom Richards
Interim Vice President and Treasurer


Office of the Controller

Travel Per Diem Update

Beginning July 1, 2014, the University will change its per diem allowance for domestic overnight travel outside the state of Missouri to “CONUS” rates as determined by the federal government. Specific meal rates by location can be found at www.defensetravel.dod.mil/site/perdiemCalc.cfm. For overnight travel within the state of Missouri, the meal allowance will remain at $42. […] Read more

Compliance Corner

Office of Management and Budget Final Uniform Guidance

Office of Management and Budget (OMB) issued the Final Uniform Guidance which includes Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards on December 26, 2013. This guidance consolidates all of the circulars including those applicable to higher education such as A-110, A-21, and A-133. The new Uniform Guidance will be effective December 26, […] Read more

UM System Planning and Budget

UM System Planning and Budget’s Relocation

UM System Planning and Budget (previously located in University Hall) completed our relocation move to 1000 W. Nifong, Woodrail Building 7 on April 4, 2014. We are located in Suite 300 on the third floor adjacent to the Controller’s Office. We are excited about our new space and look forward to the opportunity to work […] Read more


New Finance Support Center

Over the past four years, the Procurement Hotline has become a trusted resource and successful support organization for procurement customers. On May 12, 2014, the Procurement Hotline expanded its role by transitioning into the Finance Support Center to support the entire Finance function for the University of Missouri System. Procurement has been working with the […] Read more

Procurement’s Involvement with Spring Break

Mizzou Alternative Breaks is a student group on the campus of the University of Missouri – Columbia that sends groups of 12 students across the country over Thanksgiving, winter, spring, and weekend breaks to work on various service projects. This program provides a unique opportunity for students to gain a wider perspective of the world […] Read more

Records Management

Records Management – Did you know?

Records Management (RM) continues its core program and services to the UM System departments across the four campuses. Records Management provides outreach and training to many departments who never use or understand the importance of following UM policy in regards to managing the records and information created, used, maintained, stored and in many cases preserved […] Read more