Expenditures

Your sponsor-approved budget serves as the blueprint for how expenditures should be charged to awards. Yet, it is not uncommon for deviations to occur as the research progresses. Monitoring the variances between your budgeted vs. actual expenditures is critical for identifying any potential changes to the research objectives that may require action by the PI, SRA, ORPA, or the sponsor. 

The information below will help you navigate some of the key challenges associated with effective monitoring of award expenditures. 

Rebudgets that do not require sponsor prior approvals should be monitored by the department. SRA will review budget variances during the award closeout process and work with departments to understand any significant deviations.