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Federal Formula Funds

Federal Formula Funds. Research Division Staff April 19, 2007. Staff. Richard Straub --- Operational/policy development ( rjstraub@wisc.edu , 0-0689) Angie Seitler --- Financial, implementation, oversight, and approval ( aseitler@cals.wisc.edu , 1-1432) Linda Frentzel --- Financial

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Federal Formula Funds

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  1. Federal Formula Funds Research Division Staff April 19, 2007

  2. Staff Richard Straub --- Operational/policy development (rjstraub@wisc.edu, 0-0689) Angie Seitler--- Financial, implementation, oversight, and approval (aseitler@cals.wisc.edu, 1-1432) Linda Frentzel--- Financial (lfrentzel@cals.wisc.edu, 2-3947) Casey Hillmer --- CRIS set-up/annual reports and Formula Fund applications (clhillmer@cals.wisc.edu, 2-2397) Gail Stirr --- Compliance (gstirr@cals.wisc.edu, 2-2536)

  3. Federal Formula Funding Hatch: ag/natural resources/rural McIntire-Stennis: forestry Animal Health: (Adm. by Vet.Med)

  4. Other Requirements • Research must align with CSREES and program goals • 25% must be committed to funded multistate projects • 25% must have integrated/extension component • CRIS reporting required for all CALS research!

  5. National Goals • Enhance Economic Opportunities for Agricultural Producers. • Support Increased Economic Opportunities and Improved Quality of Life in Rural America. • Enhance Protection and Safety of the Nation’s Agriculture and Food Supply. • Improve the Nation’s Nutrition and Health. • Protect and Enhance the Nation’s Natural Resource Base and Environment.

  6. Federal Formula Funding Hatch $4.8M McIntire-Stennis $0.5M (20% to UW-Stevens Point) Animal Health $0.12M (Adm. by Vet. Med)

  7. CALS Formula Funds: $5.4M Project support $ 4.8 M Multistate travel $ 60 K Adm./Support Services $350 K Capital $200 K

  8. CALS Allocation Priorities and Procedures • Federal and State priorities • Graduate training (approx. 140 RA’s) • New faculty start-ups ($450K-$500K) in applicable sciences • Funding reallocated annually (as projects terminate) in a competitive process • Typical project: RA + fringes + $3-5K supplies/student hourly/travel/etc. • Impending issue: tuition remission

  9. Tuition Remission • Not allowed under Formula Fund rules • Exemption granted by UW-Madison through FY09 • Partial exemption for FY10 (for projects started in FY07) • PI/Dept. will need to find unrestricted funds to cover tuition remission • Policy on grad students vs. post-docs, other appointments must be reviewed

  10. Why are these funds important to us? • Provides flexibility to support research issues important to CALS and WI • Start-ups for new faculty • Capital • Equivalent to 10+% of state funds

  11. Allowable Expenses • Must follow OMB Circulars • Must pertain to projects • One computer purchase per project • 50% match is required • Not allowed in final year of project • Rules listed in policies and procedures handout • Ask if in doubt!

  12. Unallowable Expenses • No memberships (unless data provided) • No capital equipment in final year of project • No tuition remission allowed • No Computer access charges

  13. Capital • Capital items must be directly related to an approved project and cannot be in the final year of a project • Requests must come through faculty with approved projects and be given priority by their departments • 50% match is required • Priority is given to requests that have the support of multiple departments

  14. Reporting Requirements • CRIS Reports • Financial Reports • Update to 5-year Plan of Work • Annual Report of Work

  15. Plan of Work Reporting • Number of Graduate degrees granted • Number of peer-reviewed publications • Number of patents disclosed • Number of patents granted • This information needs to be reported by department by January 10 of each year

  16. Questions?

  17. Thank You!

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