Statement from the President
The administration of a university is a challenging task. For the most part, universities operate in a decentralized environment. This means that key management responsibilities such as the ability to expend funds are delegated throughout a university to department heads and various budget authorities. As a result of this delegation, department heads and budget authorities are responsible for broad aspects of day-to-day operations including financial stewardship and compliance with laws, regulations, policies, and procedures. To operate effectively in a decentralized environment, department heads and budget authorities must understand, accept, and discharge all of their management responsibilities.
The purposes of this handbook are as follows:
- to summarize and clearly communicate management responsibilities for which department heads and budget authorities will be held accountable,
- to summarize significant laws, regulations, policies, and procedures most applicable to managing a department or accounts, and
- to identify key resource departments and personnel who are available to assist department heads and budget authorities when they have problems or questions.
This is an important reference manual; please read it carefully. Your comments and suggestions for future editions of the handbook should be addressed to the Vice President for Business Affairs or the Internal Auditor / Assistant Compliance Officer.
Thank you for doing your part to effectively manage The University of Texas of the Permian Basin.
W. David Watts
Management Responsibilities Handbook