Ohio Administrative Code
Title 3339 - Miami University
Chapter 3339-1 - Administrative Officers of the Board of Trustees
Section 3339-1-11 - Budget and financial administration
Current through all regulations passed and filed through September 16, 2024
(A) Annual budget
The annual operating budget as adopted by the board of trustees, and as amended from time to time, shall govern all financial transactions of the university. This budget shall be presented in such form as the president may determine or as required by law.
The senior vice president for finance and business services and treasurer, with the approval of the president, may make such adjustments as are necessary in the operating budget within the limits of available funds or within the limits of additional income received for a specific purpose.
(B) Gifts
In accordance with university policy, as approved by the president, the university may accept gifts.
(C) State appropriations
The preparation and presentation of requests for appropriations from the state of Ohio and all official financial dealings on behalf of the university with all federal, state, and local government offices, boards, and agencies shall be under the direction of the president of the university. Appearances in the name of the university before federal, state, or local government offices, boards, and agencies shall have prior authorization from the president.
(D) Tuition and fees
All instructional and general fees (tuition), special purpose, course and miscellaneous fees collected by the university from students shall be fixed by the board. The president or such persons as the president may designate may determine appropriate charges to be made to groups using the facilities of the university or receiving other auxiliary services. The board delegates to the senior vice president for finance and business services the authority to establish non-academic user fees.
(E) Annual audit
There shall be an annual audit of all funds not examined by the auditor of the state of Ohio. This audit shall be arranged by the treasurer of the university subject to the approval of the board of trustees.
Replaces: 3339-1-11