TCAT Extraordinary Maintenance Account : 4.01.00.15 (Formerly TCAT-030)

Policy/Guideline

1. Extraordinary Maintenance and Start-Up Accounts
   1. Extraordinary Maintenance and Start-Up Accounts will be established and maintained in the Board Office for the benefit of the Tennessee Colleges of Applied Technology.
   2. The amount of funds provided in the accounts at the beginning of each fiscal year shall be determined by the Board staff based on experience and judgment of anticipated emergency major maintenance and new program requirements system-wide.
   3. A review of the balance in the fund will be made at the end of each fiscal year and will be supplemented as of July 1 each year as necessary to bring the total balance in the account to an amount determined to be sufficient per I.B. above.
   4. Each College of Applied Technology will be assessed a pro rata amount annually to maintain the Extraordinary Maintenance and Start-Up Accounts.
2. Eligible Projects
   1. Projects eligible for funding from the Extraordinary Maintenance Account shall include unexpected failures of building structures and/or systems including roofs and major equipment such as HVAC equipment. Projects eligible for funding from the Start-Up Account shall include new program offerings or expansion of additional existing programs. Special expenditures shall include, but not be limited to, salaries and benefits and operational expenses that directly support the operations of the Tennessee Colleges of Applied Technology.
   2. As a general rule the minimum project cost to be eligible for Extraordinary Maintenance funds will be $5,000.
   3. Expenditure of Extraordinary Maintenance funds will not be authorized for preventive maintenance, routine building and system or grounds maintenance, or consulting studies or evaluations.
3. Request for Funds
   1. When an unanticipated major maintenance emergency occurs at a College of Applied Technology, the College President shall first determine the applicability of the project and, if applicable, submit a request for Extraordinary Maintenance funds to the Chancellor or designee with a description of the problem and estimated cost of repairs if possible.
   2. When a new or expansion program offering occurs at a College of Applied Technology, the College President shall first determine the applicability of the program offering and, if applicable, submit a request for Start-Up funds to the Chancellor with a description of the program and estimated cost of the program, if possible.
4. Allocation of Funds
   1. Extraordinary Maintenance and Start-Up funds will be allocated to Colleges of Applied Technology by the Chancellor or designee.
5. Exceptions
   1. Exceptions to this policy may be approved by the Chancellor.