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2009 Budget

This update provides information on the 2009 budget cycle, including the release of budgets to departments and approval of tuition and fee increases. It also outlines the changes to the overtime policy, including the transition to paying all overtime and the change in pay frequency for non-exempt employees. Questions and contacts for clarification are provided.

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2009 Budget

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  1. 2009 Budget

  2. 2009 Budget Prep Cycle • February 25 or March 3 - Release Budgets to Departments • March 6/7 – Board of Regents meeting • Approve Tuition and Fee Increase • Approval Proposed Salary increase • March 31 - Budgets Due to Budget Office

  3. Budget Prep System Access • Memo distributed on January 15th • Due to Budget Office by January 29th • Changes to accounts listed in Budget Prep • Changes to employees authorized to input into Budget Prep System

  4. 2009 Budget Training • Overview of 2009 Budget Cycle • Changes to accommodate conversion to Banner • FY 2009 budget controls • Conversion from Techfim account numbers to Banner FOAP elements

  5. 2009 Budget Training • Lubbock – • Feb 12 (SOM) 2 – 4 5AB100 • Feb 25 2 – 4 ACB120 • Amarillo • Feb 18 9 – 11 Wallace Aud

  6. 2009 Budget Training • Odessa • Feb 20 9 – 11 1C12 • El Paso • Feb 29 1:30 – 3:30 Auditorium A

  7. Questions?

  8. Human Resources Update

  9. Overtime Policy Changes • Current Process • Hourly Non-exempt Employees • All overtime paid with hours worked • Monthly Non-exempt Employees • All overtime is accrued as compensatory time • Departments choose to pay or require employee to use as time off

  10. Overtime Policy Changes • New Process • Effective September 1, 2008 – all overtime will be paid • Compensatory time balances remaining as of November 1, 2008 will be paid on December 1, 2008 • Departments may require their employees to use all comp time by October 31, 2008

  11. Non-exempt Pay Frequency Change • Beginning January 2009, all non-exempt employees will be paid semi-monthly • Pay periods and dates • Pay period of 1 – 15th; paid on 25th • Pay period of 16th - EOM; paid on 10th of following month

  12. Employee Notification • Memo to Non-exempt employees on February 7th • Explains details of the overtime change and pay frequency change • Packet of individual memos delivered to department for distribution to employees

  13. Employee Notification • Memo is available at http://www.ttuhsc.edu/hr/news.aspx • FAQ’s are also available at this website and will be updated prior to the distribution of the memo

  14. HR Policy Changes • Contacts for Questions • Lubbock David Fry • Amarillo Devona Smith • El Paso Rebecca Salcido • Odessa Ronnie Dunn • Correctional MHC Ella O’Neal • Informational meetings for employees during February

  15. Questions?

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