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RESOLUTION
TO APPROVE
THE OPERATING BUDGET FOR YEAR 2001-2002
WHEREAS, the respective Boards of Trustees at state
institutions of higher education are empowered to approve annual
operating budgets; and
WHEREAS, the members of the Finance Committee of the Board of
Trustees at Winthrop University have examined the proposed
revenues and expenditures for the year; and
WHEREAS, the members of the Finance Committee recognize their
fiduciary responsibility to ensure that the University’s
budget strikes a balance between actual revenues and
commitments;
THEREFORE, BE IT RESOLVED, that the operating budget proposed
by the Finance Committee be adopted by the Board of Trustees.
November 2, 2001
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