RESOLUTION REGARDING THE OPERATING BUDGET AND STUDENT FEES FOR FISCAL YEAR 2003-2004

WHEREAS, the respective Boards of Trustees at state institutions of higher learning are empowered to determine schedules of student fees; and

WHEREAS, the members of the Board of Trustees at Winthrop University have examined the fee structure at Winthrop University as well as fees at other institutions of higher learning in South Carolina; and 

WHEREAS, the members the Board of Trustees have examined the projected resources and projected commitments for 2003-2004; and

WHEREAS, the members of the Board recognize their fiduciary responsibility to ensure that the University's budget strikes a balance between actual resources and commitments;

THEREFORE, LET IT BE RESOLVED that the proposed fee schedules for 2003-2004 as attached hereto and incorporated by reference be adopted by the Board of Trustees and,

LET IT BE FURTHER RESOLVED that the authority for approving the operating budget and effecting any changes to the fee schedules necessitated by subsequent legislative action be delegated to the Executive Committee of the Board of Trustees.

June 6, 2003