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Meeting of the Board of Regents | March 2008

Saturday, March 1, 2008 - 11:20pm

sed seal                                                                                                 

 

 

THE STATE EDUCATION DEPARTMENT / THE UNIVERSITY OF THE STATE OF NEW YORK / ALBANY, NY 12234

signature of Jeff Cannell

TO:

Cultural Education Trusteeship Committee

FROM:

Jeffrey Cannell

SUBJECT:

Report on Office of Cultural Education Finances

DATE:

February 21, 2008

STRATEGIC GOAL:

5

AUTHORIZATION(S):

 

 

SUMMARY

 

Issue for Discussion

 

Office of Cultural Education (OCE) finances, including the status of OCE’s major financial accounts.  This report will facilitate a discussion of issues in maintaining adequate revenues to support Cultural Education programs in the future.

 

Background Information

 

The Cultural Education Trusteeship Committee has received regular reports about the financial status of Cultural Education accounts. At the most recent committee meeting on October 23, 2007, Office of Cultural Education staff provided a written and oral report, which identified major funding sources and special revenue accounts and explained the types of programs, services, and personnel that each category of funding covered.  The Committee requested that a more detailed financial analysis be provided at the next meeting.

 

Proposed Handling

 

              This issue will come before the Cultural Education Trusteeship Committee at the March 2008 session.