CON Budget/Financial Principles and Practice: Difference between revisions

Line 159: Line 159:


===Summer Salary===
===Summer Salary===
<p style="margin-bottom:15px;">When monies are available, 9-month faculty are eligible to apply for up to three months of summer salary to support projects and initiatives approved by the College. Projects and initiatives must be aligned with the College’s strategic plan. In the fall of each year, assuming the budget allows, the Executive Council evaluates the greatest need for the next year and alerts the Summer Salary Committee to the next summer’s focus. No more than twelve months of total salary support (academic plus summer salary) can be approved in a twelve month period.</p>
<p style="margin-bottom:15px; max-width:70em !important;">When monies are available, 9-month faculty are eligible to apply for up to three months of summer salary to support projects and initiatives approved by the College. Projects and initiatives must be aligned with the College’s strategic plan. In the fall of each year, assuming the budget allows, the Executive Council evaluates the greatest need for the next year and alerts the Summer Salary Committee to the next summer’s focus. No more than twelve months of total salary support (academic plus summer salary) can be approved in a twelve month period.</p>


===Budget Process===
===Budget Process===