6.36 Use of Fund Balances PolicySee version history
The disposition of Bookstore fund balances will be processed according to the guidelines in Article IV of the . The Board of Trustees will periodically review the mark-up on textbooks and the use of bookstore profits and will ensure that student costs are held to a minimum.
B. Self-Supporting Classes
The disposition of fund balances from self-supporting classes will be processed according to the guidelines in paragraphs (b) (c) of of the State Board of Community Colleges Code. The Board of Trustees will regulate the amount of mark-up for self-supporting classes for the College and shall review this policy at least once every three years. All expenditures from these fund balances must be consistent with the mission and purpose of the community college system.
C. Vending Fees
D. Student Fees
Student fees include, but are not limited to, student activity fees, computer use and technology fees, parking fees, lab fees, and forensic fees.
The Board of Trustees may establish specific student fees subject to any State Board maximums. Student activity fees, computer use and technology fees, and parking fees must be set and reported annually by the Board of Trustees to the State Board of Community Colleges.
The disposition of fund balances from student fees will be processed according to the guidelines in of the State Board of Community Colleges Code. The Board of Trustees must annually approve student activity budgets submitted by the Student Government Association.
E. Overhead Receipts (Restricted and Unrestricted)
Changes approved by the Board of Trustees on September 7, 2011
Changes approved by Cabinet on February 6, 2012