5.10 Reserves and Year-End Balances - History

Board Policies
Chapter 5 - Administration

Date of Adoption: 06/21/00,
Date of Implementation: 06/21/00,

Date & Subject of Revisions:

12/16/14 - Policy 5.10 went through a periodic review. No substantive changes were made.

11/16/11 - Effective 1/1/12, the Board of Trustees amends all board policies to change the term "Office of the Chancellor" to "system office," and to make necessary related grammatical changes.

06/18/03 - changes "MnSCU" to "system" or "Minnesota State Colleges and Universities"

12/18/02 - Amended policy by moving current language from Parts 1,2 & 3 to Procedure 5.10.1, and approved new language

06/21/00 - Contains language formerly in Board policy 5.4; Added Part 1, Policy Statement; Added Part 2, Responsibilities, and made it the responsibility of the Chancellor & President to maintain a percentage of the budget as a reserve; Added to Part 3, reports shall be provided to the Board.