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