Campus Introduces Financial Stewardship Policy

Effective Nov. 30, 2020, the University of Nebraska at Omaha (UNO) has established a Principles of Financial Stewardship campus policy that applies to all employees.

The policy, which completed a 30-day public review policy at the end of last month, requires all UNO employees to engage in practices that safeguard university assets that they are responsible for, and that campus leaers must provide education, training, enforcement, and support of these practices.

"In addition to producing impactful research and exceptional educational experiences for our students, one of our core responsibilities as a public institution is to be good stewards of our funds," Doug Ewald, vice chancellor for business, finance, and business development, wrote to employees in an email on Dec. 10, 2020.

Additionally, the policy highlights specific guidance in the hiring of employees to fill positions with significant financial responsibilities:

The Vice Chancellor for Business, Finance and Business Development or their designee shall participate in the search committee for any non-faculty position that (1) reports directly to a Department Chair (or equivalent administrator) or above and (2) is tasked with significant financial responsibilities (as determined by the Vice Chancellor for Business, Finance and Business Development). In addition, selection and offer of employment shall be contingent on confirmation from the Vice Chancellor for Business, Finance and Business Development.

The full policy can be found on the UNO Policies Library.

Questions regarding this policy can be directed to Assistant Vice Chancellor for Business and Finance James R. Kamm at jameskamm@unomaha.edu.