Section III - Business & Financial Matters

III K

Vending Revenue

To provide policy on the use of vending and other concession revenues

All vending revenues and other concession profits will be held in our institutional fund account (pursuant to G.S. 115D-58.13). These revenues will be spent for:

1. Supporting cost of operation of vending machines and other concessions, as needed
2. Other institution-related expenditures authorized by the President.

Vending revenues and other concession profits will not be used for salaries.

 

Adopted: 03/16/2007