/financialservices/taxonomy/term/633/all en /financialservices/channels/news/overhead-recovery-fee-fy2025-frais-de-recuperation-75-pour-lexercice-2025-357181 <p><i>** French to follow **</i></p> <p><b>This message is sent on behalf of Serge Bergeron, Senior Director, Budget and Finance , Analysis, Planning and Budget and Lara Pereira, Controller, Financial Services</b></p> <p>Dear Colleagues,</p> <p>The overhead recovery fee currently being charged on actual revenues earned in non-1A unrestricted funds will remain at 7.5% in FY2025. This is unchanged from FY2024. The process for collecting and recording of this fee will continue to occur on a quarterly basis.</p> Thu, 02 May 2024 15:39:24 +0000 lisa.vawer@mcgill.ca 18285 at /financialservices