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, LET IT BE RESOLVED that the operating budget proposed by the Finance Committee
be adopted by the Board of Trustees.
November 5, 1999
