State Codes and Statutes
Statutes > New-hampshire > TITLEXV > CHAPTER187-A > 187-A-22
I. The trustees shall file with the governor and council, by November 1 of each year, a report of the operations, progress and financial condition of the university system and its constituent institutions. They shall include in the report an account of improvements made. One copy thereof shall be transmitted to each college endowed under the act of Congress cited in RSA 187-A:5, I; one copy to the Secretary of the Interior; one copy to the legislative fiscal committee; one copy to the house education committee and one copy to the senate education committee.
II. The trustees shall provide to the governor, within 30 days after the close of each quarter of the fiscal year, a report, with a copy to the legislative fiscal committee, detailing budgeted and actual expenditures in major functional categories for each PAU of the university system, comparing the budgeted and actual expenditures in the current year to those at the end of the same quarter in the previous fiscal year and explaining any significant variance from the budget or the prior year. Such report shall show all sources of funding used during the period including the use and status of reserves and any transfers.
Source. 1981, 331:1. 1983, 420:7, eff. June 24, 1983.
