The Office of Administrative Affairs oversees the building of the annual operating budget for the institution and presenting it to appropriate groups for approval. All other budgets, for gifts, grants and capital projects, are also the responsibility of the Office.
The Vice President of Administration/Treasurer is responsible for monitoring budgets and reporting on budget to actual results and projections.
The Office is responsible for planning and negotiating all University debt issuance.
The Investment function is managed here including coordination with outside managers, consultants, brokers and custodians. An investment policy—including spending guidelines and asset allocation targets—is the responsibility of this Office.
The Chief Financial Officer is responsible for producing program costing and cost projections – both direct and indirect – to include computations of University overhead rates.
This general category includes the operation and maintenance of University facilities; including planning, budgeting and completion of all deferred maintenance and other capital projects.
All Capital Projects are contracted directly through the office of Administrative Affairs.The Office serves as liaison between architects, the Board of Trustee Planning Committee, and the Board of Trustee Finance Committee, in the design and approval of the campus Master Plan which covers all the current and future plans for university development.
We are currently working towards construction of New Residence Halls which will be located on the southern end of the campus. The new building will be four stories high with rooms designed in clusters of four and single suites.
Construction will commence on the New Science and Technology Building which will be located on the northern end of the campus.
Contact us for further information or to request copies of the current Cost Study 305-628-6518 or mguerrero@stu.edu