administrate

[ad-min-uh-streyt]
verb (used with object), administrated, administrating.

Origin:
1630–40; < Latin administrātus, past participle of administrāre to administer; see -ate1

subadministrate, verb (used with object), subadministrated, subadministrating.
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World English Dictionary
administrate (ədˈmɪnɪˌstreɪt)
 
vb
to manage or direct (the affairs of a business, institution, etc)

Collins English Dictionary - Complete & Unabridged 10th Edition
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Example sentences
To administrate the finances of the county for all funds of the various departments, agencies, and boards.
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