Section 8-A305. BUDGET AND FINANCIAL ADMINISTRATION  


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    305.1Annually the Dean, through the appropriate standing committee of the Board, shall present to the Board recommendations on the budget of the School of Law, including recommendations on the long-range and capital development program of the School of Law, and other recommendations on the submission and justification of requests for appropriation of budget authority for the School of Law.

     

    305.2The Dean's recommendations shall include all aspects of the annual budget and financial program, including allocation of non-appropriated funds and other revenues.

     

    305.3During the fiscal year, the Dean may recommend to the Board transfer or reallocation of operating budget authority or funds, subject to any limitations which might be imposed by the terms of any applicable appropriation, grant, or funding source; Provided that the following conditions shall apply:

     

    (a)No transfer shall be made from a reserve fund for a purpose other than that for which the reserve fund is established; and

     

    (b)No transfer or allocation shall result in the establishment of a new policy, program, or project involving a continuing commitment.

     

    305.4The Dean shall provide for periodic written reports to the Board on the financial condition of the School of Law, including comparison of actual to projected revenues and expenditures.

     

    305.5The Dean may negotiate and approve indirect cost rates to be applied to grants under which the School of Law conducts programs supported by non-appropriated funds.

     

    305.6After informing the Board, the Dean may write off bad debts up to and including the amount of five thousand dollars ($5,000) each. The Dean shall ensure that reserves maintained for bad debts are adequate or that appropriated authority or specific revenues are available to cover bad debts written off under the provisions of this section.

     

    305.7The Dean may write off routine disallowed claims under grants and contracts against funds received from the federal government in reimbursement of indirect costs.

     

source

Final Rulemaking published at 35 DCR 5876 (July 29, 1988).