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Institutional Support-Total includes the following components:
Institutional support-Salaries and wages
Institutional support-Benefits
Institutional support-Operation and maintenance of plant
Institutional support-Depreciation
Institutional support-Interest
Institutional support-All other
Institutional support A functional expense category that includes expenses for the day-to-day operational support of the institution. Includes expenses for general administrative services, central executive-level activities concerned with management and long range planning, legal and fiscal operations, space management, employee personnel and records, logistical services such as purchasing and printing, and public relations and development. Also includes information technology expenses related to institutional support activities. If an institution does not separately budget and expense information technology resources, the costs associated with student services and operation and maintenance of plant will also be applied to this function. FASB institutions include actual or allocated costs for operation and maintenance of plant, interest and depreciation. GASB institutions do not include operation and maintenance of plant or interest, but may, as an option, distribute depreciation expense.
Last edited by collegehelp; 07-13-2008 at 07:48 AM.
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