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CON Budget/Financial Principles and Practice: Difference between revisions
CON Budget/Financial Principles and Practice (view source)
Revision as of 15:16, September 27, 2013
, September 27, 2013→Professional Development Accounts
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===Professional Development Accounts=== | ===Professional Development Accounts=== | ||
<p style="margin-bottom:15px;">Professional development accounts are established at the request of individual faculty to hold funds generated by supplemental compensation, faculty clinical practice, consultations, or other revenue earnings within the faculty role. </p> | |||
<p style="margin-bottom:15px;">Expenditures from professional development funds are subject to University and State regulations. These funds are used for professional activities and not personal use. Examples of appropriate expenses are:</p> | |||
<ul style="margin-bottom:15px;"> | |||
<li>Travel to professional conferences</li> | |||
<li>Membership in professional organizations</li> | |||
<li>Supplies/services to promote professional activities (e.g., publications, printing of presentation materials, editing of manuscripts)</li> | |||
<li>Equipment to promote professional development (e.g., computer hardware/software, personal data devices). NOTE: all equipment purchased with professional development funding is the property of the University</li> | |||
<li>Salary and benefit costs for support personnel (e.g., graduate assistant, transcriptionist, hourly worker for research data entry)</li> | |||
</ul> | |||
<p style="margin-bottom:15px;">Examples of disallowed expenditures include:</p> | |||
<ul style="margin-bottom:15px;"> | |||
<li>Office decoration/artwork</li> | |||
<li>Flowers</li> | |||
<li>Alcoholic beverages</li> | |||
<li>Membership in organizations not related to the faculty role</li> | |||
<li>Equipment for personal/home use (unless such reverts back to the University once the project is completed)</li> | |||
</ul> | |||
===Faculty Development Supported by Department/Division=== | ===Faculty Development Supported by Department/Division=== | ||
===Summer Salary=== | ===Summer Salary=== | ||
===Budget Process=== | ===Budget Process=== | ||