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  • Confirm the model for continuous encumbrances in the Alma rollover going forward
  • Develop a mechanism for tracking use of the Alma rules
  • Identify optimal FPC factor for subsequent fiscal period rollovers
  • Develop a workflow for reviewing outstanding encumbrances, following up to obtain invoices or release those that will not be expended before the fiscal close
  • Determine the encumbrance model for standing orders in FY24 and beyond
  • Perform additional review and if needed, cleanup of projected FY24 encumbrances against FY24 fund allocations - orders unspent in FY22 might have been expended in FY23, prompting new full encumbrances

Draft workflows & recommendations