Page Comparison

President

1

- Any operating budget expenditures included in the annual operating budget approved by the Board of Trustees.
- Any amount for institutional contracts with designated funding source.
- Any amount for capital projects as long as any projects greater than $250,000 have prior approval by the Board of Trustees (or assigned Committee) as required by policy.

VP Business and Finance

2

- Up to $150,000 for operating budget expenditures included in the annual budget approved by the Board of Trustees.
- Up to $250,000 for institutional contracts and capital projects with designated funding source.
- Up to $500,000 for Board of Trustees approved capital projects.

Provost/CAO/Other VPs/Asst Provosts

3

Up to $75,000

Direct reports to Provost/CAO/VPs/Asst Provosts

4

Up to $50,000

Named positions listed below reporting to Level 4

5

Up to $10,000

Named positions listed below reporting to Level 5

6

Up to $5,000

Named positions listed below (other roles determined to require purchasing authority)

7

Up to $2,000