The Office of the Vice President, Chief Financial Officer, and Comptroller announce an open comment period (beginning 11/28/22 and closing 12/9/22) for policy updates to Section 12.5.2 concerning a unit incurring expenses to lease or provide a housing stipend for, a residence or apartment used by employees in support of the Mission & Vision of the system.
Highlights include:
- The requirement to create a business case document explaining how the lease supports the Mission & Vision of the system and addressing how the lease of space benefits the unit in relation to its cost.
- Procedure for a short-term residence expense reimbursement (one year or less).
- Procedure for a long-term residence stipend (more than one year).
Contact
For questions contact the Policy Office at 312/585-9071 or obfspolicies@uillinois.edu.
