The College will provide a discretionary fund per contract to the President on an annual basis of up to $15,000 per year for miscellaneous expenses so long as they adhere to state purchasing regulations. Any change to the amount of the fund will be done in consultation with the Executive/Judicial Committee of the Board of Trustees and, as needed, shall be reflected in future iterations of this policy.
Reason for Policy
Sets forth policy regarding the President’s Discretionary Fund.
To Whom Does The Policy Apply
President of the College.
Office of the President