Budgeting for New Chairs: Personnel, Grant, and Foundation/Gift Accounts

In the June 2018 issue of Academic Leader, I covered questions that new chairs may wish to ask their supervisor, presumably the dean. Armed with basic information on the sources of academic income available, how the department’s budget is derived, and what expenses the department is responsible for, chairs are now ready to move to another aspect of the department’s budget and to consider other department accounts that they must monitor.