Agenda Item No. IV. D. 4.

Washburn University Board of Regents

SUBJECT: Quarterly Report for Quarter Ended December 31, 2002

DESCRIPTION:

The Statement of Revenues and Expenditures for the Quarter Ended December 31, 2002 is attached along with the Statement of Revenues and Expenditures for the Quarter Ended December 31, 2001 for comparison.

FINANCIAL IMPLICATIONS:

None. Revenues and expenditures are in line with current year budgets and relative comparisons to last year.

RECOMMENDATION:

President Farley recommends the Board of Regents accept the Quarterly Report for the Quarter Ended December 31, 2002.

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Date Jerry B. Farley, President