SUBJECT: FY 2002 PUBLIC BUDGET HEARING
BACKGROUND:
On May 9, 2001, the Board approved merging the July meeting with the Public Budget hearing on July 25, 2001. The Board approved publication of the summary public budget document at its June 15, 2001 meeting.
DESCRIPTION:
Attached are the public budget documents required for the public budget hearing. The documents have estimated year end results for FY 2001, as of June 30, 2001. (Actual FY 2001 results will be presented to the Board at a later date.) The mill levy and property valuation amounts are based on updated tax information received on July 6 from the Shawnee County Clerk's office. (See Schedule 1 attached.)
FINANCIAL IMPLICATIONS:
As stated in the attachments.
RECOMMENDATION:
President Farley recommends approval of the public budget by the Board of Regents as presented in the attachments.
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Date Jerry B. Farley, President