Extension Educators—
This is a follow-up to the March 18 Extension Huddle discussion on salary-savings spending plans. The goal of this process is to help Nebraska Extension ensure accountability for salary-savings cost objects. These funds should have active spending plans and should not be considered savings accounts. Generally, salary savings should be spent within one year of accrual. Refer to the Employee Resource Guide (https://go.unl.edu/employee_resource_guide), specifically the section on Salary Savings, for guidance on the appropriate use of these state-aided funds.
Use the space under “Brief Summary of Proposed Spending Plan for Next Fiscal Year” to describe any spending intentions that may not be fully captured elsewhere in the form. For example, if you are intentionally accumulating salary savings over a two to three-year period for a larger investment—such as technology items, equipment, or a professional development opportunity—please clearly articulate those plans. Although this is not a preferred practice, it may be acceptable under some circumstances.
Please complete the below form and return it to your immediate supervisor by June 1.
Nebraska Extension Salary Savings Annual Spending Plan Form: https://go.unl.edu/extension_salarysavingsspending-form
Your supervisor may follow up with you to discuss your plan in more detail if they have questions or concerns.
On a related note, please prioritize spending down salary savings “21” state-aided cost objects before using “22” programming cost objects.
Please reach out if you have questions as you complete your plan.
Thank you!
Dave