Rule 3357:3-3-07. Financial reports

111.15 The following policies of the college are established: (A) Periodically throughout the fiscal year, the vice president of business and finance shall provide each member of the board of trustees with a copy of the institutions unrestricted fund financial statement. (B) Such report will be discussed at the board of trustees meeting and accepted and approved by the board. Such acceptance will be noted in the minutes. Upon review, the board may accept the report and such acceptance will be noted in the meeting minutes. The president or designee is authorized by the board of trustees to establish policies to implement rules. Supplemental Information Authorized By: 111.15 Amplifies: 3357 7/2/2015