The FY20 capital spending plan submissions will be due using CPATH by end of day on Friday, February 15, 2019. Also, responses to the Capital Spending Plan Narrative Update questions should be submitted; these have been included with the FY20 Budget Guidelines and Narratives distributed by Office of Financial Strategy and Planning (OFSP). CAPS will obtain your responses from OFSP when you submit the narrative to them.
FCI calculations will not be part of the FY20 capital spending plan submission. Retrospective building FCI’s will be done in the fall as part of the prior year review and multi-year capital planning efforts. It is recommended that the automated FCA tool be updated regularly, but especially at the completion of each fiscal year.
The following reports available in CPATH will help in preparing the upcoming capital spending plan and narrative updates:
- CP 960: Plan to Actuals with Funding Sources (current FY) – The CP960 report reflects forecasted spending by funding source. Spending by funding source will be obtained from the CPATH Capital Spending sub-tab of the Finance tab.
- CP 977: Historic Plan to Actuals and MYCP Forecast Bar Chart – The CP977 chart shows annual authorized Plan and CapEx for years prior to the current year (back to FY12); current year authorized Plan, actual CapEx, and forecast; and future Plan and forecasts for the next five years.
- CP963 Capital Plan vs Year 1 Capital Budget Comparison – The CP963 report compares the current FY20 forecasted capital spend with the FY20 portion of the FY20-24 Multi-Year Capital Plan submitted last fall.
CAPS, CPATH and OBI Report training is scheduled for January 29, 2019. The training will focus on “Tips and Tricks”. An Outlook invite from the CAPS office was emailed before the winter break.
Please contact the IT Help Desk (617-495-7777 or ithelp@harvard.edu) for CPATH technical matters or CAPS/HPPM with business issues/questions. User feedback on the CPATH and CAPS applications is always appreciated.