Financial Reports 1.


ATTACHMENTS

Expenditure budget for the Education & General Fund : Overall, With comments


Jan 16-17, 1998

SUBJECT: Discussion of FY 1998 --- Mid Year Fiscal Report

RECOMMENDATION

That the Board of Trustees review the report for compliance with the board approved FY 1998 Budget.

RELATED BOARD POLICY OR BOARD PLANNING PRIORITY

(Directive/Goal/Action Plan)

This item is consistent with Board approved Policy E-3, College Budget.

 RATIONALE

Agenda Item 6841 of July 7, 1997 approved a Balanced Budget for FY 98. The mid year fiscal report demonstrates that fiscal FY 98 is in compliance with the requirement of a balanced budget. The implementation of the Datatel Administration System has delayed the usual financial statement report format. A return to the normal format and time table is expected with the second quarterly fiscal report in mid April.

BUDGETARY CONSIDERATION

None

RESOURCE PERSONNEL

Jerry Miller, Associate Vice President, Business Services

ATTACHMENTS

Expenditure budget for the Education & General Fund : Salaries, Other

 

Respectfully Submitted By:

 

 

Ana M. "Cha" Guzmán, Vice President

Administration and Institutional Advancement

 

 

 

Richard Fonte, President