2370 Budget Administration

Policy Type: 
Finances

BUDGET ADMINISTRATION

By direction of the Board of Trustees, the President is charged to manage the fiscal affairs of the College. As a part of this charge, the President is expected to complete the fiscal year with a positive fund balance.

At any time, when it appears that revenue will not equal expenditures, the President shall so inform the Board and recommend appropriate steps for their consideration by which a positive fund balance may be maintained.

Adopted Date: 
Monday, February 20, 1995
Private: 
Public
Status: 
Board Approved
Rescinded Date: 
Monday, April 16, 2018
Rescinded Explanation: 
updated and combined with other policies