UPDATE: FY25 Update for Merit, Range, and Equity Assumptions

Dear Aggie Enterprise Planning Users,

Unfortunately, our attempt to update the FY25 Merit, Range, and Equity assumptions on 3/12/25 did not work as expected. This means that salary and associated benefits expense remain understated for the months of March through June in the current year forecast. This does not have any impact on the FY26 annual budget labor expenses.

We have identified and tested a new process that will force the calculation for these additional pay assumptions. This process will run overnight tonight (March 19, 2025).

However, this fix will set the UCRP CBR Add-On benefit expense for Contracts & Grants funding lines back to 0.68%.  The UCRP CBR Add-On benefit expense for Contracts & Grants funding lines will be set back to 0% the following night so this will be corrected on 3/21.

If you have any questions, please contact the Aggie Enterprise Help Desk.