Bylaws
ARTICLE XVI STUDENT ACTIVITY FEES AND AUXILIARY ENTERPRISES > SECTION 16.13. DISCLOSURE. :
SECTION 16.13. DISCLOSURE.
a. The college president shall be responsible for the full disclosure to each of the student governments of the college of all financial information with respect to student activity fees.
b. The student governments shall be responsible for the full disclosure to their constituents of all financial information with respect to student government fees.
c. The student activity fee allocating bodies shall be responsible for the full disclosure of all financial information to its membership, to the college and to the student governments with respect to all of its activities.
d. The auxiliary enterprise board shall be responsible for the full disclosure of all financial information to its membership, to the college and to the student governments with respect to auxiliary enterprises.
e. For purposes of the foregoing paragraphs, full disclosure shall mean the presentation each semester of written financial statements which shall include, but need not be limited to, the source of all fee income by constituency, income from other sources creditable to student activity fee accounts, disbursements, transfers, past reserves, surplus accounts, contingency and stabilization funds. Certified independent audits performed by a public auditing firm shall be conducted at least once each year.