**New Business Meal Thresholds**

Dear Colleagues,

For any users who incur business meal expenses, please review the information provided in this email.

Updated Business and Travel Expense Policies

The University’s Business Expense Policy and Travel Expense Policy have been updated effective May 1st, 2019.

What’s changing and when?

Effective May 1st, 2019:

• Business dinners - threshold is moving from $50 to $75 (note: business breakfast and lunch thresholds remain at $25 and $35 respectively)

• Fundraising, recruitment and speaking engagement dinners - threshold is moving from $100 to $150

The increase in these meal thresholds removes the need for supplemental approval.  However, please note that Senior Business Officer approval will be required via an Exception Request Form for all meals over the thresholds (excluding tax and tip).

Where do I go if I have additional questions?

If you have questions about the new business dinner thresholds, you can contact SPS-Finance or the Finance Service Center.  You can use a self-service web form, or you can contact the Service Center by phone at [phone] Monday, Tuesday and Thursday, 9:00 am – 5:00 pm; Wednesday 9:30 am – 5:00 pm; Friday 9:00 am – 4:00 pm.