The Committee shall meet at least four times per year. At each fall meeting, rates shall be established to take effect in the next fiscal year beginning July 1. The Committee shall review and recommend the service for each existing and new auxiliary for use in the upcoming budget process. The Committee will recommend to the Vice President for Finance and Chief Fiscal Officer a matrix of overhead rates for auxiliaries for the next fiscal year. At least every three years, a review of the full costing study shall be done to determine if the rates being proposed are in line with acceptable standards and support the services provided to the auxiliaries.
Auxiliaries listed below are by type of user.
All university support departments supported by Educational and General funding. Reduced administrative overhead charge. All colleges and academic administrative offices supported by Educational and General funding. Reduced administrative overhead charge. Student Services Services provided to the students to assist in their educational experience and supported by Educational and General funding.