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<p class="xmsonormal"><b><span style="font-size:10.5pt;color:red">REMINDER – MAY 31 IS FISCAL YEAR CLOSE</span></b><o:p></o:p></p>
<p class="xmsonormal"><span style="font-size:10.5pt"> </span><o:p></o:p></p>
<p class="xmsonormal"><span style="font-size:10.5pt">Athletics Staff -- </span><o:p></o:p></p>
<p class="xmsonormal"><span style="font-size:10.5pt"> </span><o:p></o:p></p>
<p class="xmsonormal"><span style="font-size:10.5pt;color:black">The Business Office requests your assistance in helping us close out the 202</span><span style="font-size:10.5pt">4-25<span style="color:black"> fiscal year (June 1, 202</span>4<span style="color:black">
– May 31, 202</span>5<span style="color:black">). While <span style="background:yellow">
May 31</span></span> officially <span style="color:black">marks the close of fiscal year 202</span>5, we are taking this opportunity to get a jump start on processing any outstanding expenses occurring between 6/1/24 – 5/31/25.
<span style="color:black;background:yellow">Please email your invoices<b> </b>and submit your expense reports to the Business Office ASAP.</span></span><o:p></o:p></p>
<p class="xmsonormal"><span style="font-size:10.5pt"> </span><o:p></o:p></p>
<p class="xmsonormal"><span style="font-size:10.5pt">For Baylor P-card users, please target next Friday, May 23 as the final date to charge FY25 expenses to your p-card to allow adequate time for reconciliation and expense report submission.
<u>IF you need to make a purchase applicable to FY25 after Friday, May 23, please reach out to your Business Office contact for guidance.</u></span><o:p></o:p></p>
<p class="xmsonormal"><span style="font-size:10.5pt"> </span><o:p></o:p></p>
<p class="xmsonormal"><u><span style="font-size:10.5pt">Given the financial pressures (i.e.,
<i>House Settlement, NIL, NCAA deregulation, residual inflation</i>) we continue to face</span></u><span style="font-size:10.5pt">, it is critical we complete fiscal year 2025 processing in a timely manner. Please also note that Monday, May 26, the University
will recognize the Memorial Day holiday, meaning we will have one less processing day in May.
<span style="color:black;background:yellow">No one wants to start the new fiscal year by paying for last season's expenses out of their new year’s budget!</span> If you were expecting a bill, but have not seen it, please call the
<span style="color:black">supplier</span> and have them email you a copy so we can process<span style="color:black"> immediately</span>. If you have not submitted an expense report because you have a question, email or call your Business Office contact and
let's get it done together.</span><o:p></o:p></p>
<p class="xmsonormal"><span style="font-size:10.5pt"> </span><o:p></o:p></p>
<p class="xmsonormal"><span style="font-size:10.5pt">Thank you for your swift attention and intentional efforts<span style="color:black">. We are grateful for your hard work, sacrifices, and incredible leadership through a very complex fiscal year.</span></span><o:p></o:p></p>
<p class="xmsonormal"><span style="font-size:10.5pt;color:black"> </span><o:p></o:p></p>
<p class="xmsonormal"><span style="font-size:10.5pt;color:black">Let’s close out strong!
</span><o:p></o:p></p>
<p class="xmsonormal"><span style="font-size:10.5pt;color:black"> </span><o:p></o:p></p>
<p class="xmsonormal"><span style="font-size:10.5pt;color:black">Best,</span><o:p></o:p></p>
<p class="xmsonormal"><span style="font-size:10.5pt;color:black"> </span><o:p></o:p></p>
<p class="xmsonormal"><span style="font-size:10.5pt;color:black">Cody, Nancy, Chris,</span><span style="font-size:10.5pt"> Alison<span style="color:black">, Katie, Erin, Megan</span>, Nicole, and Abigail</span><o:p></o:p></p>
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<p class="xmsonormal"><o:p> </o:p></p>
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