Auxiliary Enterprises Contribute Needed Funds Every coJJege and university has income from "auxiliary enterprises" listed on the balance sheet, but what constitutes an "auxiliary enterprise" and how does the income contribute to the school? "Auxiliary enterprises at Harding and other universities are there for the purpose of serving the students and the university community," said Lott Tucker, Harding's Vice President for Finance. Tucker was the man responsible for "balancing the budget" and insuring the overall financial well-being of the university. At Harding, the main auxiliary enterprises consisted of the HUB, the Harding Laundry, the Bison Lanes, and the Harding Press. Harding's auxiliary enterprises are 46 ACADEMICS Becky Adams - Secretary Debi Adcock - Secretary Betty Albright - Secretary to HSBS Harold Alexander - Counselor at Student Support Services Becky Albee - Secretary for Academic Computer Center Brenda Allen - Secretary Donald Allee - Custodial Carolyn Anderson - Secretary to School of t:ducation Dorothy Arensmeler - Campus Nurse Carl Ausburn - Carpenter Jim Baird - Director of Computer Training Monica Baker - Public Relations John Ballinger - t;Jectrician Sherrise Barnes - Secretary Marcus Barnett - Custodial Area Coordinator Patty Barrett - Housing Director Gay Basinger - Secretary to Cooperative Education Lana Bawcom - Library Secretary basicaJJy for-profit businesses within a non-profit organization. "Any net income derived from auxiliary enterprises goes into the general operating fund and goes toward paying teacher salaries and educational departmental expenses," Tucker said. These businesses also paid taxes on any sales not related to school activities. For example, the Harding Laundry paid federal, state, and sales tax on revenue generated by sales to people outside the Harding community. The laundry and other auxiliary enterprises that have physical buildings also paid any applicable property taxes on revenue resulting from non-school sales activities. Even though these auxiliary enterprises seemed to operate as independent businesses, they were still just a piece of the accounting pie. Each enterprise is aJJocated a yearly budget with which to operate just like any other department in the university. The main difference is the fact that these enterprises aid the university by producing income, hence the name "auxiliary." These four auxiliary enterprises provided needed income for the university as weJJ as providing services for faculty, staff, and students. Supporting these enterprises was just another way of helping Harding strive for its goal of "educating for eternity."+ - David Hickman
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