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Commitments

Appropriations

  • Recurring support to or from departments / administrative units and the dean’s area
  • Managed by the Office of Finance and Administration
  • Department budget and transfers on account codes 88546 / 88246
  • Administrative unit budget and transfers on account code 88589
  • Transferred monthly

Dean's Commitments

  • Non-recurring/recurring support from the Dean’s area
  • Revenue budget and transfers on account code 88545
  • Typically transferred at year end or when expenses have been incurred

Ed Leadership

  • Reimbursement to departments for faculty’s time spent teaching
  • Managed by OME and the Office of Finance and Administration
  • Budget and transfers on account code 88502
  • Transferred monthly

NMCat

  • Catalyst grants to Feinberg made between FY10 & FY13
  • Funds managed by the university’s central budget office
  • Revenue budget and transfers on 88544
  • Includes General Pool, R&E Pool & Department Pool commitments

NMHGrants

  • Grants committed to Feinberg through FY14
  • Funds managed directly by Finance & Administration
  • Revenue budget and transfers on 88547

NMGrant

  • Grants to Feinberg beginning in FY14
  • Funds managed directly by Finance & Administration
  • Includes Recruitment Grant & Clinical Pool commitments
  • Revenue budget and transfers on 88547 for Recruitment Grant (NM Grant FY14) commitments
  • Revenue budget and transfers on 88542 for Clinical Pool (NM Grant FY15+) commitments

Please keep the following in mind:

  • Commitments are made to departments and faculty from a variety of sources. Each commitment is given a unique commitment identification number and it should be referenced when creating a new chartstring, requesting transfers, requesting budget adjustments, submitting FAO business plans, and in budgeting/forecasting usage.
  • In general, departments accrue expenses throughout a fiscal year. The Office of Finance & Administration coordinates the reimbursement process and the transfer of revenue to the departments. 
  • When a commitment sourced from NMCat or NMGrant is over $25,000, departments should create a chartstring specific to the commitment with the source in the name of the chartstring (e.g., NMGrant Dr. Adams PI String).
  • When a commitment is given for the purpose of recruiting several new faculty within a department, it is essential to track these subcommitments and useful to communicate them clearly with the Office of Finance & Administration and other concerning departments/centers. Departments should create a chartstring for each new faculty member.
  • Commitment balances will be loaded into NUPlans Web during the annual budget planning process. Departments should only budget what is anticipated to be spent in a specific fiscal year.
  • If expectations change throughout the year, departments should update revenue and expense in NUPlans forecast and budget request process forms as needed.
  • At the end of the fiscal year, the Office of Finance & Administration coordinates with departments to transfer revenue into chartstrings based on expenses accrued throughout the year. Carryforward buildup is not allowed. Funding commitments should not build/add to carryforward surplus on a chartstring.
  • If expenses are in a chartstring that contain either NMCat or NMGrant in the name, the Office of Finance & Administration will automatically transfer NMCat/NMGrant revenue to fund the expenses in these chartstrings during our normal closeout process. If the department needs to fund expenses in additional chartstrings, the department will need to send a request along with a GL005 or other report showing expenses that need to be funded in those chartstrings, adhering to FSM fiscal year close deadlines.

Contact Us

Tiffany Parach

Manger, Financial Analysis

tiffany( at )northwestern.edu
312-503-0815