Strengthen University Management and Resources

Initiatives in this category focus on revenue generation from departments and offices that charge fees for services and, within the restrictions of the University’s tax-exempt status, may have external customers. Examples include:

• Increases to some fees and expanded access for external customers to Prospect and Palmer Houses.
• Trademark and Licensing Fees, which increased to 10 percent by FY11, resulted in approximately $50,000 in new revenue per year.
• Conference and Event Services’ growth of several existing clients, coupled with the addition of a number of new summer programs, yielded approximately $100,000 in new income for FY11.
• Implementing a modified budgeting structure for revenue generating departments (e.g., Dining Services, Housing and Real Estate Services) to more accurately reflect total operating costs, including University investments in those departments.