Distribution of Revenues From Copiers, Concessions, And Vending Policy - Northern Michigan University
Distribution of Revenues From Copiers, Concessions, And Vending Policy
Purpose:
To allocate the net income generated from copiers, concessions, and vending.
Applicability:
Directors responsible for receiving net income.
COPIERS:
All revenues from copiers will be allocated to the copier program.
CONCESSIONS:
One-third of the net income from concessions will be allocated to Intercollegiate Athletics/Recreational Sports. The remaining two-thirds will be allocated to Dining Services.
VENDING:
Food and Beverage: All net vending commission income from food and beverage will be allocated to the University department responsible for the building in which the vending is located. Auxiliary Services is responsible for all maintenance costs associated with the vending operations and will be allocated any additional non-commission income associated with the vending contract.
Amusement:
All net income from amusement vending will be allocated to the department which controls the equipment.
Date Approved: | 2-2-2000 |
Last Revision: | 5-11-2016 |
Last Reviewed: | 5-11-2016 |
Approved By: | President |
Oversight Unit: | FINANCE & ADMIN, VICE PRES |