MO SB887

Requires each public institution of higher education to submit an annual report by October 1st containing administrative costs as a percent of operating budget to the coordinating board for higher education, joint committee on education, and as part of annual budget submission

Report must include breakdowns for five specific administrative cost categories: administrative computing support, executive management, fiscal operations, general administration and logistical services, and public relations and development

Defines "Administrative computing support" as expenditures for computer services that provide support for institution-wide administrative functions

Defines "Executive management" as expenditures for central, executive-level activities concerned with management and long-range planning for the entire institution

Defines "Fiscal operations," "General administration and logistical services," and "Public relations and development" with detailed subcategories including accounting, payroll, space management, communications, development activities, and fund raising