Agenda Item No. V. A. 4.

Washburn University Board of Regents







SUBJECT: Public Budget - Publish Notice of Hearing



DESCRIPTION:



A public budget hearing must be held for the FY 2006 public budget. The public budget hearing will occur in conjunction with, but just prior to, the July meeting of the Board. In accordance with Kansas law, a formal Notice of Public Budget Hearing must be published in the newspaper at least 10 days prior to the public budget hearing.





FINANCIAL IMPLICATIONS:



The actual public budget documents will be completed once FY 2005 expenditure reports and property assessment values are finalized in July. Copies of the final documents will be provided to the Board prior to the July public budget hearing.



RECOMMENDATION:



President Farley recommends approval by the Board of Regents to publish the Notice of Public Budget Hearing no later than 10 days prior to the public budget hearing.





______________________ _____________________________________

Date Jerry B. Farley, President


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