Theme 5

Building the Financial Foundation

II. JUDICIOUS STEWARDSHIP

Act of Determination 4 -- Departmental Financial Profiles

Currently, departmental profiles combining all components of departmental operational budgets into one document are near completion. In addition to operational budget information, these profiles will include data about endowed scholarship monies, graduate student monies, enrollment management criteria, development initiatives, endowed professorships, center activities, and discretionary funds. This document will allow for maximum use and sharing of resources between the Dean’s Office and the departments.

Action Step:
  • By Summer 2014 the two Financial Managers in Arts & Sciences will complete departmental financial profiles. Financial savings will be tracked beginning at this point.