Grant Accounting Update

• As of March 2023, hired Grant Manager, Senior Grant Accountant and an Accountant I
• 60% of grants have been reconciled and drawn down through the current month.
• The remaining 40% are on track to be completed by the end of April, 2023.
• Currently, Drawdowns are being performed on a bi-weekly basis.
• Department is completing the reconciliations for those grants through the month.
• Began the process of implementing read-only banner access to all University Program Investigators to enhance spendings to grant budgets.

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