Disposition: To Vice Chancellor of Financial Affairs for Action
Whereas: A number of academic units run
out of S&E during the second semester every year, and
Whereas: Capital and Travel must be included in the S&E total because
each department may handle these shiftable funds in a different way, and
Whereas: Many academic departments must use gift funds, continuing education
funds, grant funds, or faculty contributions in order to meet basic operating
expenses of yearly budgets, and
Whereas: Some academic and non-academic units have excess funds at the
end of fiscal years
Therefore Be It Resolved:
The office of Vice Chancellor of Financial Affairs be charged with doing
a complete review of S&E spending (including Capital and Travel in
the total amount) of all academic and non-academic units
The review should identify distribution and use of funds and should consider
the budgeting mechanism for funding the total amount
At least two members of the Budgetary Affairs Subcommittee be appointed
to the committee that will do the review
A complete report of the data be presented to the Budgetary Affairs Subcommittee
at its first meeting of the 1994-95 academic year, and the findings &
recommendations of the Review Committee be reported to the Senate as soon
thereafter as possible.