Fun Money? Not Mike McCallister 24 Mar 1994 11:34 EST

As a worker at yet another college where there is high-level
    administrative flailing about for loose money and a
    semi-clueless accounting group, I ask:
    When you have a fixed-price project come to the end of it's
    project period and there is a positive cash balance left,
    what do you do with the money?
    At a research foundation at which I worked, we dumped the
    money into an account in the PI's name and held it for
    their personal (professionally personal) use.
    I am trying to set up a similar situation here in Limbaugh
    Land, but need precedents, please.  Otherwise cash earned
    by researchers will be gobbled up by rapacious Deans.
    Thanks
    Spanky