Agenda Item No. IV. D. 3.

Washburn University Board of Regents

SUBJECT: Quarterly Report for Quarter Ended March 31, 2003

DESCRIPTION:

The Statement of Revenues and Expenditures for the Quarter Ended March 31, 2003 is attached along with the Statement of Revenues and Expenditures for the Quarter Ended March 31, 2002

for comparison, along with charts to assist with the comparisons.

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 March 31, 2003.

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Date Jerry B. Farley, President