auxiliary enterprise definition
auxiliary enterprise means any activity defined in section 1011.47(1), Florida Statutes, and performed by a university or a direct-support organization.
auxiliary enterprise means an entity that exists to furnish goods or services to students, faculty, or staff, and that charges a fee directly related to, although not necessarily equal to, the cost of the goods or services. Examples of auxiliary enterprises are college stores, rental facilities, institutionally operated catering or vending services, and laundries.
auxiliary enterprise means any activity defined in section 1011.47(1), Florida Statutes, and performed by FGCU or its DSOs.
More Definitions of auxiliary enterprise
auxiliary enterprise means a business activity that is conducted at a state agency, provides a service to the agency, and is not paid for with appropriated money.
auxiliary enterprise means an entity that exists to furnish goods or services to students, faculty, staff or others; charges a fee directly related to, although not necessarily equal to, the cost of the goods or services; and is managed as essentially self-supporting.
auxiliary enterprise means an enterprise that exists to furnish goods or services to VCCS students, faculty, staff, other institutional departments, or incidentally to the general public, and charges a fee directly related to, although not necessarily equal to, the cost of the goods or services. The distinguishing characteristic of an auxiliary enterprise, as opposed to an Educational & General (E&G) facility is that it is managed to operate as a self-supporting activity. Overtime, the revenues will equal or exceed the expenses, although in any individual year there may be a deficit or a surplus.
auxiliary enterprise in this policy, means an entity that is managed to operate as a self- supporting activity, that exists predominantly to furnish goods or services to students, faculty, or staff, and that charges a fee directly related to, although not necessarily equal to, the cost of goods or services. The general public may be served incidentally by some auxiliary enterprises.
auxiliary enterprise means a business activity that is conducted at the university, provides a service to the university, and is not paid for with appropriated money.
auxiliary enterprise means an enterprise that exists to furnish goods or services to VCCS students, faculty, staff, other institutional departments, or incidentally to the general public, and charges a fee directly related to, although not necessarily equal to, the cost of the goods or services. The distinguishing characteristic of an auxiliary enterprise, as opposed to an Educational & General (E&G) facility is that it is managed to operate as a self-supporting activity. Overtime, the revenues will equal or exceed the expenses, although in any individual year there may be a deficit or a surplus. Examples are residence halls, food services, intercollegiate athletics (only if essentially self-supporting), college stores, faculty clubs, parking, and faculty housing. Student health services, when operated as an auxiliary enterprise, also are included. Hospitals, although they may serve students, faculty, or staff, are classified separately because of their financial significance.