Agenda Item No. IV. D. 5.

Washburn University Board of Regents





SUBJECT: Quarterly Report for Quarter Ended March 31, 2005



DESCRIPTION:



The Comparative Statements of Revenues and Expenditures - General Fund for the nine months ended March 31, 2005 and 2004 along with Notes to Quarterly Financial Statements for March 31, 2005 are attached. Also attached are The Statement of Revenues and Expenditures - General Fund for the nine months ended March 31, 2005 and March 31, 2004, respectively for additional comparative purposes.



FINANCIAL IMPLICATIONS:



None. Revenues and expenditures are in line with current year budgets and relative comparisons to last year. Please refer to the Notes to Quarterly Financial Statements for March 31, 2005 for explanations of significant variances.



RECOMMENDATION:



President Farley recommends the Board of Regents accept the Quarterly Report for the Quarter Ended March 31, 2005.



_______________________ _________________________

Date Jerry B. Farley, President


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