Higher Education Fiscal Responsibility

Paper Summary:

This paper discusses the various members of any higher education administrative team and describes their fiscal responsibility. It then discusses whether each member is a key or supporting member of the team, especially in terms of a shared process of overall fiscal responsibility to a higher education system and/or individual institution.

From the Paper:

"Therefore, in order for a higher education system and all of its various separate higher education institutions (and their component parts) to run and continue running as well as possible, now and on into the future, each administrative manager, rather purely a fiscal one or not (and most often not) must manage responsibly, and (ideally, at least) must also manage his or her area in combination and cooperation with all of the others. Above the governing board, then, may be and usually is a President or Chancellor, especially at state-run institutions but often at others as well. Then, in addition to chief academic, student affairs and financial officers there is also (typically) a chief foundation officer or officers, and sometimes a vice-president or equivalent person at the foundation below that, in charge of actual fundraising. Next are deans; chairs, and various lowest-level administrators (these are usually also full-time faculty with full or almost-full teaching loads) who each have their own distinct albeit lesser fiscal responsibilities within their smaller areas."

Sample of Sources Used:

• Beaulieu, L., & Gibbs, R. (Eds.). (2005). The role of education: Promoting the economic and social vitality of rural America. Jackson, MISS: The Southern Rural Development Center, Mississippi State University.
• Colleges lobbying the federal government, 2003. (October 22, 2004). Chronicle of higher education. Retrieved January 27, 2007, from: http://chronicle.com/stats/lobbying/.html.
• Green, M., Eckel, P., & Barblan, A. (2002). The brave new (and smaller) world of higher education: A transatlantic view. The Changing Enterprise. First in a Series. [n.p.]
• Chief executive officer of the foundation and university vice president for development. (2007). Inside Higher Ed. Retrieved January 27, 2007, from: https://www.insidehighered.com/employment/dashboard/ ?event=ViewJob Details &job_posting_id=16947.jhtml.
• Phelps, D.G. (1992). A vision for the Los Angeles Community College District. Los Angeles, CA: Los Angeles Community College District Department of Public Affairs.

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