Rule 3358:5-11-01 | President's discretionary fund.

• Effective: October 23, 2015
• Promulgated Under: 111.15

(A) The treasurer is directed to establish a president's discretionary fund for the purpose of receiving gifts or donations from individuals, agencies, firms or groups, and transfer of funds from the general operating budget.

(B) Funds transferred from the general operating budget shall be used for expenditures that serve a public purpose.

(C) Other funds shall be used for expenditures that promote the president's office and/or for activities which serve in the best interests of Clark state community college.

(D) The president and treasurer are authorized to cosign all withdrawals from said fund which shall be segregated in a separate bank account.

Supplemental Information

Authorized By: 3358
Amplifies: 3358
Prior Effective Dates: 1/28/1978, 7/1/1998, 10/13/2000, 3/18/2015