CFO Update: March

• myUF Payment Solutions (MPS) Update
  Since the introduction of myUF Payment Solutions, a number of meetings have been held with groups and individual users throughout campus.
• Social Security Taxable Wage Base for 2016
  The 2016 Social Security wage base is unchanged from the prior year at $118,500. The maximum Social Security tax employees and employers will each pay in 2016 is $7,347 ($118,500 x 6.2%).
• Self-Move Reimbursement Standard Mileage Rate for 2016
  Beginning January 1, 2016, the standard mileage rate for reimbursement of moving purposes decreased $0.04 cents to $0.19 cents per mile.
• PrintSmart Tips
  When purchasing services, please remember to use UF’s standard “contract for services.” The contract can be found at the UF Purchasing web site forms page, http://purchasing.ufl.edu/forms/default.asp.
• UF Purchasing Is Now UF Procurement Services
  In an effort to reflect the range of proactive, customer-oriented services it provides to the University of Florida community, UF Purchasing has changed its name to UF Procurement Services.
• Save money on Orlando airport parking
  UF Faculty and staff can save 10 per cent on the cost of parking at The Parking Spot near Orlando International Airport by obtaining a UF Spot Club Exec card.