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Vice President Krawitz

Vice President Krawitz

Krawitz Announces Retirement

Natalie “Nikki” Krawitz has announced her retirement in June after 10 years as Vice President of Finance and Administration of the University of Missouri.  She has been responsible for the University’s $2.5 billion budget and the university’s treasury, investment, accounting, procurement, facilities planning and design, real estate, internal audit, risk and insurance management, and institutional research functions.

Nikki was the recipient of the 2010 National Association of College and University Business Officers’ Distinguished Business Officer award, which she told the Columbia Business Times, was one of her proudest moments.

President Tim Wolfe said in his reorganizational announcement that “Vice President Krawitz is a highly respected and trusted resource within the university system, the state of Missouri, and nationally. The university has benefited from her tireless advocacy for public higher education, and in particular from her leadership of our financial resources.”

Nikki told the UM Staff Advisory Council that she has “thoroughly enjoyed her time at the university and that it has been a fun and interesting experience for her.”   InFocus wishes her the very best in her retirement.

Spotlight On.....

Institutional Research and Planning (IR&P)

Institutional Research & Planning As part of the UM Office of Planning and Budget, Institutional Research and Planning (IR&P) provides information for senior administrators in areas of planning, decision-making, and policy development.  The Office also supports the information needs and requirements of several University of Missouri internal and external constituents. To perform these functions, IR&P […] Read more

Office of the Controller

Your 2012 W-2 Form

Many University of Missouri employees provided consent to receive their W-2 in electronic format and should have already received an email in mid-January to alert them that their W-2 is ready to view in myHR, Employee Self Service.  On or before January 31, the University will mail Form W-2 to employees who did not provide […] Read more

Payroll Tax increases in 2013

Two pieces of legislation have been signed by President Obama affecting employee paychecks.  The American Taxpayer Relief Act of 2012 was enacted on January 2, 2013, which averted the “fiscal cliff”.  In addition, the Affordable Care Act provides for an additional Medicare tax.  One or more of the several tax rate changes discussed below will […] Read more

Account-Ability

Mileage Reimbursement Rates in 2013

The University of Missouri follows the State of Missouri’s practice of reimbursement for business transportation expenses at a mileage rate that is three cents less than the IRS standard mileage rate.  The IRS rate is based on an annual study of the fixed and variable costs of operating an automobile. In accordance with the University’s […] Read more

Biweekly Paychecks in 2013

If you are paid biweekly, there will be 27 biweekly paychecks during 2013.  In most years, there are 26 biweekly paychecks.  Please consult with your tax professional for how the extra biweekly paycheck may affect your tax planning for the year. Read more

Compliance Corner

Effort Verification Reports

All employees who have expended effort on a sponsored award between July 1, 2012 and December 31, 2012 must certify an Effort Verification Report (EVR).  Please contact your campus Sponsored Programs Office if you worked on a sponsored award during this time period and do not receive an EVR by February 28.  The signed EVR’s […] Read more

Sponsored Programs

NSF Survey on R & D Expenditures

The National Science Foundation, National Center for Science and Engineering Statistics (NCSES)   InfoBrief for the FY 2011 Higher Education R&D Survey (HERD) is now available. The report can be found at: http://www.nsf.gov/statistics/infbrief/nsf13305/nsf13305.pdf.  Detailed information and table should be released in February or March of 2013 for participating institutions. Read more

Risky Business

How Insurance is Applied to Trailers in Various Situations

Most people have experience with choosing insurance for licensed vehicles through their personal cars. By law a motorized vehicle must have Liability insurance to cover any damage done to another vehicle, property or individuals. In addition, you can elect to add Comprehensive/Collision insurance to cover physical damage resulting from comprehensive (fire, wind, theft, etc.) and […] Read more

Procurement

UMKC’s Document Solutions Center

The University of Missouri – Kansas City and Xerox have established an in-house, on-demand Document Solutions Center for campus printing and publishing needs, offering improved service and lower costs. This partnership meets UMKC’s goals:  (1) improved management of printing will yield dramatic cost savings;  an in-house centralized print center saves time and is convenient, easy […] Read more

Perpetual Inventory

On June 30th of 2012, Procurement’s Supply Chain Informatics converted the Missouri Orthopedic Institute and Interventional Radiology from Periodic to Perpetual Inventory in PeopleSoft.  Perpetual Inventory is an accounting term that describes an Inventory management system where information about Inventory is tracked and updated on a continuous basis.  A perpetual inventory system keeps a running […] Read more

Records Management

A List of Emergency Supplies

Below is a list of emergency supplies that any of us might need after a major disaster; lessons learned from Sandy Disaster 2012. Worldwide & Community Wide Emergency Checklist Coolers for Ice and Food Storage Flashlights and extra batteries or hand crank flashlights Battery-powered or hand-crank radio (NOAA Weather Radio, if possible) Extra batteries Battery […] Read more

Facilities Planning and Development

Changes to EO 28

President Wolfe recently issued a revision to Executive Order 28 (EO28), Section 110.015 of the University of Missouri Collected Rules and Regulations, entitled Facilities Needs Funding and Reporting.  This revision modifies the methodology the university currently uses for Facilities Needs Funding.  A copy of the revision can be found here. EO28 originated in 1994 when […] Read more

Administration Information Technology Services

Compass Project

The Commitment, Planning and Support Systems (COMPASS) project team is excited about the progress it has made during 2012 and continues to forge ahead in 2013. User acceptance testing for Hyperion-Human Capital Planning (HCP) is complete and training for the pilot group begins in February. The pilot group includes a variety of departments across all […] Read more

F & A - News & Updates

Top Hat Award

  Shawn Twenter was nominated for the Top Hat Award by Bobbi Walker, Financial Systems Principal, for his impressive work that was critical to the successful implementation of the Order to Pay (OTP) module.  The OTP project encountered several bumps along the way but Shawn was able to work with the vendor and devise solutions […] Read more

Wisdom’s Corner

A mature person is one who does not think only in absolutes, who is able to be objective even when deeply stirred emotionally, who has learned that there is both good and bad in all people and in all things, and who walks humbly and deals charitably with the circumstances of life, knowing that in […] Read more