System-Level Accountability Scorecard
Assurances: Meeting Legal & Policy Expectations
Monitoring Reports - Required by Board Policy:
Reports on Reserves and Year-End Fund Balances
| Board Policy
5.10 |
Reserves and Year-End Fund Balances |
| |
Language requiring the report to the Board of Trustees is found
in the System Procedure associated with Board Policy 5.10. |
| System Procedure
5.10.1 |
General Operating Fund Reserve |
|
The chancellor will report annually to the board concerning the
uses of and outlook for the system reserve and the outlook for college
and university reserves. The reserve report will include a list
of all requests made to the vice chancellor- chief financial officer
for use of system reserves, the requested use, and the dollar amount
requested. The report will also include requests approved, the description
of the requests, and the dollar amount approved. |
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