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FY20 Employee Benefits

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Where can I get more information?

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Do endowment funds cover all of our expenses?

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How exactly does the spending policy work?

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Why do we need a target rate or a smoothing rule?

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How do we decide how much endowment income to spend each year?

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How is the overall budget approved?

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Data at a Glance FY16

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What is included in the annual budget?

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Who decides each individual area's budget for the year?

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