REPORT TO THE BOARD

 

January 13, 2003

 

SUBJECT:     Financial Overview – First Semester

 

RECOMMENDATION:

That the Board of Trustees consider the Fall semester financial report.

 

RELATED BOARD POLICY OR PLANNING PRIORITY

This item is consistent with Board Policy G-1, College Budget

 

RATIONALE

A citizen’s task force chaired by Mr. Earl Maxwell was created during FY 2002 to review periodic reporting to the Board. One of the task force recommendations was a budget report prepared on a semester basis. This report complies with that recommendation, and contains budget estimates and actual operating results for the Fall semester of FY 2003.

 

BUDGETARY CONSIDERATION

None

 

RESOURCE PERSONNEL

Ben Ferrell, Vice President for Business Services

 

ATTACHMENTS

A) Fall Semester Financial Report

 

Respectfully Submitted By:

Ben Ferrell, Vice President for Business Services

Richard Fonté, President