Financial Integrity

Policy Number
BP 6395
Policy Category
Chapter 6 - Business and Fiscal Affairs
Adopted
Last Reviewed

Clear financial policies and procedures, regularly reviewed and revised as necessary, are critical to the effective management and operation of the College. The President shall oversee the responsible development and management of all College finances, including financial planning, operating and capital budgets, reserves, investments, fundraising, cash management, debt management, and transfers and borrowings between funds.
 

References

Note: This policy replaces retired Board Policy 250 (last reviewed November 6, 2024). The language has been adopted without change and renumbered to align with the four-digit policy structure.

Board Policies are adopted by the Lane Community College Board of Education and establish the College’s governing principles and institutional direction. These policies are reviewed by the Board at least every five years or more often as needed. Board Policies are distinct from College Operating Policies and Procedures (COPPS), which provide operational guidance and are developed through governance processes and by responsible managers.