Financial Support

If a sponsoring unit has the ability to provide financial support, the specifics of that support should be outlined in the SSO Agreement, and the SSO should complete the following tasks:

·        Make the SSO a line item in their budget

·        Publish a set calculation for allocation

·        Set a date to reevaluate the allocation

It is recommended that the SSO should be made a line item in the unit’s budget to create annual financial consistency. If the financial support is calculated by a formula, this formula should be explicitly stated in the SSO Agreement. This will help future administrators and leaders of the SSO understand the funding structure of the SSO. The SSO Agreement should also include a timeline for reevaluation of the financial support. Both the sponsoring unit and the SSO’s leaders should be involved in the reevaluation process.