FY 2005 Proposed Uses of Operating Fund Beginning Fund Balances
1
University of Missouri – Kansas City
Proposed Uses of FY 2005 Beginning Operating Fund Balances
November 11, 2004
TO:
Jakob Waterborg, Chair of Faculty Senate
FROM:
Larry Gates, Vice Chancellor, Administration & Finance
SUBJECT:
Fund Balance Report
As part of the University's move to decentralized budget management, each academic and
administrative unit now retains its annual fund balance, either positive or negative, which is then
carried forward into the next fiscal year. This change in budgetary practice has resulted in additional
financial flexibility at the unit level and as a consequence more attention has been given to the sound
fiscal management of these resources. Once the University begins implementing the Budgeting for
Excellence model, prudent use of fund balances will heighten in importance as academic and
administrative units try to optimize the use of their total resource base for operating purposes.
In August of this year, each major operating unit was asked to prepare a report listing the planned
uses for fund balances that would be carried forward into fiscal year 2005. This information was
prepared by each academic and administrative unit and submitted to the Campus Budget Office.
The Budget Office then prepared a preliminary consolidated report of the information received. The
preliminary report was shared with the Chancellor's Cabinet for review, and the academic and
administrative leadership was given the opportunity to make appropriate corrections to their unit
information. That process has been completed, and the report has been finalized.
I am pleased to forward to you a copy of the final report on proposed uses of fiscal year 2005
beginning fund balances. The information contained herein reflects the intended expenditures of these
funds, as of the first of the fiscal year (i.e., July 1, 2004). Recent budget adjustments initiated to
provide capital funds for strategic facility projects will, in all likelihood, alter the plans for most, if not
all, units. Therefore, the information in this report should not be construed as the current planned use
of beginning year fund balances.
Should you have any questions regarding the information contained in this report, please do not
hesitate to contact me.
FY 2005 Proposed Uses of Operating Fund Beginning Fund Balances
Table of Contents
page
Chancellor ........................................
3
Chancellor Innovation Fund .............
3
Administration and Finance .............
4
Institutional Effectiveness ................
6
University Advancement ..................
6
Research .........................................
7
Student Affairs .................................
8
Scholarships ....................................
9
Academic Affairs – Provost ..............
9
Center for the City ............................
9
Cultural Events ................................
10
Information Services ........................
11
Institute for Human Development ....
12
Libraries ...........................................
12
College of Arts & Sciences ..............
13
Biological Sciences ..........................
13
Business and Public Administration .
14
Computing & Engineering ................
14
Conservatory of Music .....................
15
Dentistry ...........................................
15
Education .........................................
16
Graduate Studies .............................
16
Law ..................................................
16
Medicine ..........................................
17
Nursing ............................................
18
Pharmacy .........................................
18
2
FY 2005 Proposed Uses of Operating Fund Beginning Fund Balances
3
DIVISION/SCHOOL: Chancellor's Office
FY 2005 Beginning Fund Balance:
$
Proposed Uses In FY 2005
161,165
$$ Amt.
5% Reserve
$
41,000
Extended Cabinet
$
10,000
Progress Report/Materials
$
15,000
Cabinet Retreat
$
5,000
Life Science Website
$
10,000
$
80,165
$
161,165
Special Projects
Other One-Time Operating Expenses/Capital
TOTAL - Proposed Uses
DIVISION/SCHOOL: Chancellor's Innovation Fund
FY 2005 Beginning Fund Balance:
$
Proposed Uses In FY 2005
Future Innovation Awards
TOTAL - Proposed Uses
499,951
$$ Amt.
$
499,951
$
499,951
FY 2005 Proposed Uses of Operating Fund Beginning Fund Balances
4
DIVISION/SCHOOL: ADMINISTRATION AND FINANCE
FY 2005 Beginning Fund Balance:
$
Proposed Uses In FY 2005
Diversity in Action - Beginning Balance
3,286,541
$$ Amt.
$
54,804
Purchase furniture, computers, and pay moving expenses for DIA office
12,500
Incentives 25 faculty participation in the Diversity Curriculum Infusion Institute
25,000
Administrative costs to conduct 35 Diversity Empowerment Workshops
17,304
Diversity in Action - Proposed Uses
Affirmative Action - Beginning Balance
$
54,804
$
7,981
3,500
Affirmative Action Plan
800
Unit Reports
Training/Conference
2,080
Mock Audit
1,600
Affirmative Action - Proposed Uses
Mediation Services - Proposed Uses
$
7,980
$
5,811
Carry over
Mediation Services - Proposed Uses
Police - Beginning Balance
5,811
$
5,811
$
61,204
50,000
Replace two marked patrol vehicles with new vehicles
Law Enforcement Accreditation Expenses
Police - Proposed Uses
Business Services - Beginning Balance
11,204
$
61,204
$
29,124
29,124
Vehicle replacement (Mail Services) and C.T.O. software upgrade
Business Services - Proposed Uses
$
29,124
FY 2005 Proposed Uses of Operating Fund Beginning Fund Balances
Facilities Management - Beginning Balance
5
$
(25,241)
M&R Deficit will be covered by FY2005 Funds
Custodial - Balance will be used to cover operational expenses in Fy2005
Facilities Management - Proposed Uses
Human Resources- Beginning Balance
(24,474)
767
$
(24,474)
$
(21,873)
(21,873)
Currently working on business plan to address deficit
Human Resources - Proposed Uses
$
(21,873)
Finance- Beginning Balance
$
614,856
Consulting resources for Cashier/Student Financial System implementation
75,000
PayRoos processing fees
25,000
Cashier/Loan Office space redesign and workspace modules
100,000
Budget Office space redesign and workspace modules
25,000
Student Customer Assessment Survey
10,000
Business Process Redesign
10,000
Senior Staff Professional Development Training
15,000
Bank Credit Card Fees
61,800
Travel Card Management Software/Implementation
75,000
Temporary Help - Enrollment Periods
10,000
Document Imaging/Scanning Equipment
50,000
Future Year E&E Reserve
158,056
Finance - Proposed Uses
$
614,856
Vice Chancellor - Administration and Finance - Balance
$
2,559,109
VC Administrative
20,605
VC Admin Desktop Replacement
109,667
VC Admin One-Time Reserve
1,093,773
Assistant VC Operations
15,064
Division Capital Equipment
500,000
Customer Service Training
45,000
Property Acquisition
750,000
Division Strategic Management
25,000
VC-Administration and Finance-Proposed Uses
$
2,559,109
Total Proposed Uses
$
3,286,541
FY 2005 Proposed Uses of Operating Fund Beginning Fund Balances
6
DIVISION/SCHOOL: Institutional Effectiveness
FY 2005 Beginning Fund Balance:
$
Proposed Uses In FY 2005
Reserve for Current and Future Year Operating and Program Needs
TOTAL - Proposed Uses
8,112
$$ Amt.
$
8,112
$
8,112
DIVISION/SCHOOL: VICE CHANCELLOR UNIV. ADVANCEMENT
FY 2005 Beginning Fund Balance:
$
Proposed Uses In FY 2005
1,426,115
$$ Amt.
5% Reserve of total FY04-05 GRA @ $3,207,499
$
160,375
2 new fundraising people (S&W/Benefits) - $70K @ 3/yrs
Supplement S&W/Benefits for new Life Science position in ACR @ 3/yrs-already
committed
$
545,340
$
140,571
Fill vacant position in ACR (former N. Benassi) S&W/Benefits - $45K @ 3/yrs
$
174,388
Staff compensation/parity @ 3/yrs. -- already committed
$
104,393
New copy machine
$
10,000
Capital Campaign Kick-off and other expenses, including printed materials
$
291,048
$
1,426,115
**Additionally, supplement S&W/Benefits for Asst. Vice Chancellor Special Events
position--already committed $181,780
TOTAL - Proposed Uses
FY 2005 Proposed Uses of Operating Fund Beginning Fund Balances
7
DIVISION/SCHOOL: Research
FY 2005 Beginning Fund Balance:
$
Proposed Uses In FY 2005
ANNUAL SUPPORT OF UNDERFUNDED PROGRAMS
1,663,450
$$ Amt.
$
495,000
CBARS
$
120,000
Lab Animal Program
$
375,000
$
300,000
Cage Racks
$
300,000
OPERATIONS
$
558,160
Start-up cost, matches for grants, and equipment requests
$
247,280
Dentistry Commitment
$
100,000
Chemistry Commitment
$
15,000
OTSP - UM System
$
29,000
Lab Animal Restricted Fund Equipment Upgrades
$
166,880
$
310,290
Research Incentive Extended Program
$
211,719
National Office ATTC Grant
$
43,700
ATTC Curriculum Grant
$
13,026
Travel Grants
$
37,883
FRG
$
3,816
UKC Fellow
$
146
$
407,700
Laminater Flow Hood/Remodeling HH Facilities/Rederiving Animal Strains
$
150,000
Business Officer
$
68,000
IRB Administrator
$
52,000
IRB Equipment/Software/Training
$
67,700
Consultant for Grant Writing (i.e. Architects -- $100-$250/hr.)
$
30,000
Website Updates/Publications/Reports
$
20,000
E&E (Vice Chancellor)
$
20,000
$
1,663,450
HOSPITAL HILL ERADICATION
DESIGNATED OPERATING FUNDS (Restricted Use)
UNFUNDED OPERATING NEEDS**
**Unfunded items not reflected in the total.
TOTAL - Proposed Uses
FY 2005 Proposed Uses of Operating Fund Beginning Fund Balances
8
DIVISION/SCHOOL: Student Affairs
FY 2005 Beginning Fund Balance:
$
Proposed Uses In FY 2005
VC-Student Affairs-Beginning Balance
2,134,470
$$ Amt.
$
332,321
Mandatory 5% Reserve Mandate
100,000
Physical Facility Renovations
556,138
Student Affairs awaiting transfer in to cover negative balance in Model Cam Living and Alumni Center
(332,725)
Reserve for Current and Future Year Operating and Program Needs
VC-Student Affairs-Proposed Uses
Student Affairs Departments-Beginning Balance
$
$
8,908
332,321
1,029,695
Career Services-(equipment, furniture, audit, staff training & development) FY05 &06
139,000
ISAO - International Recruitment
116,321
Registration - new student self-service center, training, new furniture & computers
38,450
Fin Aid - salary restructuring and office renovation
135,591
Minority Student Affairs - new position, expanded outreach programs, furniture
77,070
Counseling, Testing & Disability - new positions, furniture replacement, computers
158,530
Mandatory 5% Reserve Mandate
364,733
Student Affairs Departments-Proposed Uses
$
1,029,695
Student Activity Fees-Beginning Balance
$
297,418
Mandatory 5% Reserve Mandate
174,861
Student Programs
60,557
Allocation to Student Organizations
62,000
Student Activity Fees-Proposed Uses
$
297,418
University Communications-Beginning Balance
$
335,451
Mandatory 5% Reserve Mandate
81,776
Reserve for Current and Future Year Marketing Program Needs
253,675
University Communications-Proposed Uses
$
335,451
Scholarships - FFELP
$
139,585
Mandatory 5% Reserve Mandate
139,585
Scholarships - FFELP
$
139,585
TOTAL - Proposed Uses
$
2,134,470
FY 2005 Proposed Uses of Operating Fund Beginning Fund Balances
9
DIVISION/SCHOOL: Scholarships
FY 2005 Beginning Fund Balance:
$
Proposed Uses In FY 2005
626,962
$$ Amt.
Scholarships/Waivers
$
Funds earmarked to renew UMKC scholarships for continuing students in 2005-06
626,962
626,962
Scholarships/Waivers
$
626,962
TOTAL - Proposed Uses
$
626,962
DIVISION/SCHOOL: Academic Affairs- Provost
FY 2005 Beginning Fund Balance:
$
2,204,004
Proposed Uses In FY 2005
Provost Leverage Fund and Provost's Reserve
Reserve for current and future operating needs
TOTAL - Proposed Uses
$$ Amt.
$
1,755,924
$
448,080
$
2,204,004
DIVISION/SCHOOL: Center for the City
FY 2005 Beginning Fund Balance:
$
Proposed Uses In FY 2005
156,812
$$ Amt.
Reserve for Current Operating Needs
Pending Urban Core Funding
$
45,000
Community Engagement Awards
$
8,000
FY2005 Faculty Incentives
$
75,000
Faculty joint appointments
$
31,000
Balance available for computer replacement/repair
$
(2,188)
TOTAL - Proposed Uses
$
156,812
FY 2005 Proposed Uses of Operating Fund Beginning Fund Balances
10
DIVISION/SCHOOL: Cultural Events
FY 2005 Beginning Fund Balance:
$
Proposed Uses In FY 2005
MRT INC Contract - Balance
(89,333)
$$ Amt.
$
(50,025)
(50,000)
General Revenue Funds for Contract between UMKC and KC Rep Theatre
(25)
Transfer Unknown amount to K1461
MRT INC Contract - Proposed Uses
$
(50,025)
Cultural Events - Beginning Balance
$
65,377
25
Transfer Unknown amount to K1461 from K1464
5,352
Possible additional programming for the Department of Theatre
60,000
Amount retained for potential equipment purchases (possibly a new stage lift?)
Cultural Events - Proposed Uses
$
65,377
Theatre Storage Rent - Beginning Balance
$
(14,622)
(14,622)
Reconciliation with Dean Realty, owner of the storage facility
Theatre Storage Rent - Proposed Uses
$
(14,622)
Theatre-Hallmark - Beginning Balance
$
31,169
31,169
Beginning Balance will be used to fund day-to-day operations for Cultural Events - Hallmark
Theatre-Hallmark--Proposed Uses
$
31,169
Academic Theatre - Beginning Balance
$
(121,232)
(121,232)
Negative Beginning Balance will need to be addressed in FY2005
Academic Theatre - Proposed Uses
$
(121,232)
TOTAL - Proposed Uses
$
(89,333)
FY 2005 Proposed Uses of Operating Fund Beginning Fund Balances
11
DIVISION/SCHOOL: Information Services
FY 2005 Beginning Fund Balance:
$ 2,786,212
Proposed Uses In FY 2005
Mission Enhancement Funds-Travel Expense & Registration for Faculty and/or Staff to
attend Technology Conferences
Workstation Program On-Campus - Support & Replacement of Faculty/Staff Desktops
and Peripheral Equipment
Workstation Program Off-Campus - A Specific Agreement Between IS and University
Leadership Academy to Support their Technology Needs
MoreNet Co-Location Agreement - A Specific Agreement between Networking and
Telecomm and MoreNet; this is an ongoing balance that is used to cover, maintain, replace
or repair a MoreNet switch in Newcomb Hall.
Instructional Computing Fees (TIF)
$$ Amt.
$
113,221
$
159,803
$
54,908
$
87,103
$
929,640
College of Arts & Sciences equipment & technology upgrades, security systems in student labs, etc.
500,000
Facilities costs for structural work in some of the A&S labs
150,000
Distance Ed Support and development (Blackboard & WebCT) training & Materials
158,000
Additional installs of ILE equipment in New Dorm - Oak Hall & MNLibrary
75,000
Replace outdated printers & scanners in Student Computer Labs
46,640
Computer OH-Network
$
912,860
Correction of transfer of $800,000 of funds out-dated HUBS to IS; corrected to Equipment Rerserve
800,000
Maintenance and Upgrade of Large Mainframe Printers and Scanners
112,860
Balance Available in IS Department DeptIDs
$
67,500
Week-long AMX training for ILE Programmers
5,000
Oracle Training and Programming for Central Systems Staff
7,500
Lenel Software and Server for Project for Police Department
25,000
Microsoft Certification Training and Updates for Support Services Staff
5,000
Purchase of Information Services Shirts, IDs and Lanyards for 80 staff
5,000
Office Supplies, Equipment, Cubicles, etc for the new Staff Members
Remaining Projects from FY04
19,210
$
405,500
SBC - Purchase of Catalyst 6500, Communication Modules, Firewall Software, Firewall Baldes, etc.
111,000
Fine Arts - Wiring closets, racks, CFM Ladder rack, switches, wiring, labor & material
150,000
Chemistry - CFM closet
50,000
Core Switch - Sup720 Network Upgrade
40,000
12,000
Administrative Center Fiber; Printing Project - Fiber Costs
TOTAL - Proposed Uses
$ 2,786,212
FY 2005 Proposed Uses of Operating Fund Beginning Fund Balances
12
DIVISION/SCHOOL: Institute for Human Development
FY 2005 Beginning Fund Balance:
$
Proposed Uses In FY 2005
Research Incentive Funds - Carry Over from Prior Year
TOTAL - Proposed Uses
78,112
$$ Amt.
$
78,112
$
78,112
$
233,676
DIVISION/SCHOOL: University Libraries
FY 2005 Beginning Fund Balance:
Proposed Uses In FY 2005
$$ Amt.
$99,672
Student, Part-time, Temporary Wage Payroll/Benefits
$85,148
Operating Costs
Research Incentive Funds - carry over for travel/training and equipment needs
$7,356
Reserve for current and future year operating needs -- capital cost (library vehicle)
$15,000
Reserve for current and future year operating needs -- operating cost (network)
$26,500
TOTAL - Proposed Uses
$
233,676
FY 2005 Proposed Uses of Operating Fund Beginning Fund Balances
13
DIVISION/SCHOOL: College of Arts & Sciences
FY 2005 Beginning Fund Balance:
$ 2,778,240
Proposed Uses In FY 2005
$$ Amt.
FRG/UMRB Grants - Carry Over from Prior Year
$
154,655
New Faculty Start-ups - Carry Over from Prior Year
$
889,129
Faculty Awards (Curators Prof/Disting Teaching) - Carry Over from Prior Year
$
37,066
Research Incentive Funds - Carry Over from Prior Year
$
834,904
One-Time Special Event Costs - Center for Creative Studies
$
261,640
*Carry Over of Student Funded accounts
$
207,972
Reserve for Current Year Space Renovation Needs
$
392,874
*Summer Debate Camp, Penn Valley CC fees for Applied Languages, WiredMind,
University News, Study Abraod Programs, New Letters Writing Contest,
Student Computer Lab Fees
TOTAL - Proposed Uses
$ 2,778,240
School of Biological Sciences
FY 2005 Beginning Fund Balance:
$
Proposed Uses In FY 2005
Carry over Research Incentive Funds
Future Salaries & Benefits
Committed grants for Individual PI's (UMRB, FRG, etc)
Equipment purchases
New Faculty Start-up Funds
TOTAL - Proposed Uses
2,053,972
$$ Amt.
$
918,375
$
338,000
$
124,770
$
343,514
$
329,313
$
2,053,972
FY 2005 Proposed Uses of Operating Fund Beginning Fund Balances
14
DIVISION/SCHOOL: Bloch School of Business & Public Admin
FY 2005 Beginning Fund Balance:
$
Proposed Uses In FY 2005
98,106
$$ Amt.
$
98,106
$
(65,000)
Balance available for Faculty Incentive Programs
$
(3,106)
Student Services recruiting needs
$
(30,000)
TOTAL - Proposed Uses
$
-
FY 2005 BEGINNING FUND BALANCE
Faculty research Support (Projects/Travel)
DIVISION/SCHOOL: SCHOOL OF COMPUTING & ENGINEERING
FY 2005 Beginning Fund Balance:
$
Proposed Uses In FY 2005
Research Incentive Funds, New Faculty Startup Funds - Carry Over from Prior Year
One-Time Special Program Costs (Internet-based Instruction)
Intramural Grants (UMRB, FRG) - Carry Over from Prior Year
Reserve for Current and Future Year Operating and Program Needs
TOTAL - Proposed Uses
872,919
$$ Amt.
$
507,092
$
237,983
$
26,954
$
100,890
$
872,919
FY 2005 Proposed Uses of Operating Fund Beginning Fund Balances
15
DIVISION/SCHOOL: Conservatory of Music
FY 2005 Beginning Fund Balance:
$
Proposed Uses In FY 2005
172,120
$$ Amt.
$
475,780
$
100,000
$
75,000
$
85,000
$
50,000
Carry Over of Various Prior Year Grant Matches
$
8,456
Materials/Booklets for On-Line Instruction Program Costs
$
2,675
Student Registration Fees for Board Certification
$
2,000
Reserve for Current and Future Year Operating and Program Needs
$
176,171
TOTAL - Proposed Uses
$
975,082
FY 2005 Salary/Benefit Budget needs for current Part-time Faculty/Staff positions
Start-up Costs for new degree program - FY 2005
Reserve for FY 2006 start-up costs for new degree program
Research Incentive Funds - Carry Over from Prior Year
One-Time Special Event Costs (e.g., Ground Breaking; 1st Year BSM Gradation Program)
DIVISION/SCHOOL: School of Dentistry
FY 2005 Beginning Fund Balance:
$ 1,045,842
Proposed Uses In FY 2005
$$ Amt.
Operations Fund
Research Incentive Accounts "owned" by various PI's
Fixed Price Close-Out Accounts "owned" by various PI's
Start-Up Funds "owned" by various new faculty granted as part of recruitment package
TOTAL - Proposed Uses
$
608,866
$
291,429
$
145,547
$ 1,045,842
FY 2005 Proposed Uses of Operating Fund Beginning Fund Balances
16
DIVISION/SCHOOL: SCHOOL OF EDUCATION
FY 2005 Beginning Fund Balance:
$
1,061,568
Proposed Uses In FY 2005
$$ Amt.
$
233,044
$
108,831
$
62,736
$
248,930
$
12,837
Reserve FY05 Sponsored Program Initiative to Close Old Grants
$
28,930
FY05 Funding Support Commitment to Berkley Childcare Center
$
20,000
Reserve for Current and Future Year Maint/Repair/Equip per Unit's Replacement Plan
$
77,230
Reserve for Current Year Operating and Program Needs
$
269,030
TOTAL - Proposed Uses
$
1,061,568
Carry Over Remodeling of IMC Space Project KC54771
Research Incentive Funds- Carry Over from Prior Year
Carry Over of Various Prior Year Gift/Program Income Matches
Reserve- 5% Required
Carry Over of Various Prior Year Grants (FRG, UMRB, Diversity)
DIVISION/SCHOOL: Graduate Studies
FY 2005 Beginning Fund Balance:
$
Proposed Uses In FY 2005
Fee Remission Increases
Targeted Fellowships
Recruiting
TOTAL - Proposed Uses
788,168
$$ Amt.
$
20,000
$
30,000
$
20,000
$
70,000
$
(416,151)
DIVISION/SCHOOL: School of Law
FY 2005 Beginning Fund Balance:
Proposed Uses In FY 2005
No fund balance to carry over.
TOTAL - Proposed Uses
$$ Amt.
$
(416,151)
$
(416,151)
FY 2005 Proposed Uses of Operating Fund Beginning Fund Balances
17
DIVISION/SCHOOL: School of Medicine
FY 2005 Beginning Fund Balance:
$
Proposed Uses In FY 2005
4,105,178
$$ Amt.
Operating Fund Balance (0000)
654,975
Mandatory 5% Reserve Mandate
489,142
Residency Program-Special Contract
206,919
Purchase Teaching Time Contract Obligation
239,506
Women's Health Program-Dr. Derman
502,994
Research Incentive
Student Computer Fee Balance
36,525
C-Shore-Dr. Spertus
48,903
Advanced Cardiac Life Support Class
40,354
Pulmonary Research-Dr. Salzman
2,958
Office of Educational Resource Sales
60,063
Research Grant-Dr.Huang
Subtotal
2,239
$
2,284,578
Future Obligations Fund (0000)
Program Development:
Humanities
100,000
International Affairs
151,600
Women's Health
380,000
Re-Key Medical School
Old Security Office to Research Office
100,000
Student Offices
125,000
Red Quadrant to Clinical Research
64,000
Program Planning for Medical School Following Completion of Health Sciences Build
300,000
Translational Research
500,000
Subtotal
$
1,820,600
TOTAL - Proposed Uses
$
4,105,178
FY 2005 Proposed Uses of Operating Fund Beginning Fund Balances
18
DIVISION/SCHOOL: Nursing
FY 2005 Beginning Fund Balance:
$
Proposed Uses In FY 2005
1,165,239
$$ Amt.
$
190,157
$
475,780
$
75,000
$
100,000
$
85,000
$
50,000
Carry Over of Various Prior Year Grant Matches
$
8,456
Neonatal Instruction Program Costs
$
2,675
Board Certification Registration
$
2,000
Purchase Data Base for Management of Clinical Contracts & Student Placement
$
25,000
Reserve for Current and Future Year Operating and Program Needs
$
151,171
TOTAL - Proposed Uses
$
1,165,239
$
1,466,970
5.0% Ending Fund Balance Target
FY 2005 Salary/Benefit Budget needs for Faculty/Staff
Start-up Costs for New Positions
Reserve for FY 2006 Start-Up Cost for New Positions
Research Incentive Funds - Carry Over from Prior Year
One-Time Special Event Costs (e.g., Ground Breaking; 1st Year BSN Gradation Program)
DIVISION/SCHOOL: Pharmacy
FY 2005 Beginning Fund Balance:
Proposed Uses In FY 2005
$$ Amt.
$
268,125
$
689,725
$
24,265
$
267,287
$
95,793
$
111,775
Commitment for Start Up of Columbia Program - travel expenses to Columbia
$
10,000
TOTAL - Proposed Uses
$
1,466,970
5% reserve
Faculty Research Incentive Funds
Internal Research Grants (UMRB and FRG)
Commitment for Start Up Packages for Recently Hired Faculty
Commitment for Start Up Packages for 6 New Faculty and 1 Division Chair
Commitment for Future Rotational Sites for Experiential Program