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Department and division head approval requirements are determined as follows:
Non-Capital Expenditures
| Expenditure Amount | Approval Required |
|---|
...
| $0 - |
...
| $3,000 | Program Director |
| $3,001 - $10,000 | Dean or Division Head |
...
| $10,001 - |
...
| 25, |
...
| 000 | Respective Officer and |
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| Vice President for Finance |
...
| $25, |
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| 001 and |
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| over | President or Provost |
All of the above items are items which have been included in the annual budget.
Capital Expenditures
| Expenditure Amount | Approval Required |
|---|---|
| Any amount included in |
...
| previously approved capital budget | Respective Officer and |
...
| Vice President for Finance |
| Any expenditure not included in a |
...
| previously approved capital budget | President |
For this purpose, capital expenditure is defined as a purchase of furniture, fixtures, vehicles or equipment with an estimated useful life of one year or more and costing more than $3,000 per unit.
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