The Committee will need to give input on budgetary items. Over the last year we have been the recipients of increases in the Dean's portion of the indirect cost return has increased almost 10 fold. Dr. Rosenkranz that these monies be returned to the departments to reflect the indirects generated by the department. However, this committee will need to help design a formula that would represent a more comprehensive picture of how to distribute these funds. Some departments do not generate that much overhead because they are funded by foundations or training grants.
Some departments have more teaching duties.
This committee needs to come up with formula that is equitable so that the distribution of these monies would be to everyone's advantage. When coming up with this formula, this committee should give guidance on whether or not we should set a side money yearly for special projects, new activities or emergencies. We have some real discrepancies within our School and between our us and the other schools of the health sciences with respect to incentives. When faculty are either PI's or Co-PI's on grants in different areas, there is a difference whether the indirects will be returned to the investigator or to the school. As part of the annual faculty evaluation, we have compiled data on how faculty spend their time whether it's research, teaching or service.