OVERHEAD ALLOCATIONS
Besides Facilities Services overhead, which is allocated to all units based on net square footage, there are two pools of overhead expenses allocated to RC units. These are:
General Administration – includes: President’s Office, VPFA Office, Human Resources, Computing and Information Services, External Relations, VP for Research and Public Service, OSR, VP for Student and Academic Services, Police, Commissions and transfers to USNH.
Academic Affairs – includes: Provost’s Office, Graduate School, DCE, Center for International Education, Registrar’s Office, Admissions, Financial Aid Office, Writing Center, Honors Program, Faculty Development, Enrollment Management, Institutional Research, Career Services and Business Services among other operations.
Both overhead pools are allocated to all RC units on the same basis: 50% of net expenses allocated based on total personnel expenses and 50% of net expenses allocated based on total adjusted revenues*. (see EXHIBIT 1 for diagram) Total personnel expenses and total adjusted revenues are calculated using all current funds (restricted and unrestricted) and are based on the prior completed fiscal year’s actual results (FY04 budget based on FY02 actuals). While the formula is the same for each overhead pool, the allocation base is different:
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General Administration overhead is allocated to all units via the General Assessment. See EXHIBIT 2 for more detail.
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Academic Affairs overhead is allocated to all academic units (all schools/colleges and the UNH Library) via the Academic Affairs assessment. See EXHIBIT 3 for more detail.
Assessment rates remain constant from one year to the next pending further review by the Central Budget Committee. Assessments are applied to the RC unit level not individual departments and programs. These assessments show up in an expense line for each RC unit. Actual allocations occur monthly, through an automated process, and be in the amount of 1/12 of the total unit budgeted amount.
* Adjusted revenues = Gross revenue from all funds less:
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Revenue transfers in
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Endowment income
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Cost sharing activity
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Amount related to mandatory debt repayments
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Amounts related to grant expenses for financial aid, equipment, subcontracts and indirect costs as this is roughly the base for the indirect cost calculation
EXHIBIT 1
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FY04 Example Assessment Calculation for RC Unit |
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Allocated Overhead Expense Calculation |
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Overhead: |
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Enter FY02 Personnel Expenses from all funds |
$ 500,000.00 |
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Enter FY02 Gross Revenues from all Funds |
$ 1,000,000.00 |
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Enter FY02 revenue transfers in |
$ 25,000.00 |
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Enter FY02 endowment income |
$ 5,000.00 |
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Enter FY02 cost sharing revenues ) |
$ 20,000.00 |
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Enter FY02 Grant Expenses related to equipment |
$ 5,000.00 |
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Enter FY02 Grant Expenses related to financial aid |
$ 10,000.00 |
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Enter FY02 Grant Expenses related to subcontracts |
$ 50,000.00 |
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Enter FY02 Grant Expenses related to indirect costs |
$ 50,000.00 |
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Enter FY02 expenses related to mandatory debt transfers |
$ - |
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Adjusted FY02 Revenue |
$ 835,000.00 |
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Academic Affairs Assessment: |
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5% per personnel $ |
$ 25,000.00 |
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3% per adjusted revenue $ |
$ 25,050.00 |
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Total Academic Affairs Assessment to Unit |
$ 50,050.00 |
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General Overhead Assessment: |
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10% per personnel $ |
$ 50,000.00 |
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5% per adjusted revenue $ |
$ 41,750.00 |
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Total General Overhead Assessment to Unit |
$ 91,750.00 |
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