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MO SB1103
Bill
Status
2/29/2016
Primary Sponsor
Kurt Schaefer
Click for details
AI Summary
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Public institutions of higher education must submit annual reports by October 1st detailing administrative costs as a percentage of their operating budget to the coordinating board for higher education and the joint committee on education
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Reports must include specific cost breakdowns for five categories: administrative computing support, executive management, fiscal operations, general administration and logistical services, and public relations and development
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Administrative costs are defined as institutional support expenditures including central executive activities, accounting/budget/audit functions, personnel administration, campus security, and community relations
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General administration covers payroll, space management, risk management, purchasing, institutional research, transportation, mail services, and protective services
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Public relations and development includes alumni relations, community outreach, and institution-wide fundraising activities
Legislative Description
Requires each public institution of higher education to report the institution's administrative costs as a percent of its operating budget
Last Action
Second Read and Referred S Education Committee
3/3/2016