A. APPROPRIATIONS AND REVENUE SERVICES
1. Fiscal Philosophy
A.1.01 - General Fiscal Philosophy:
The Texas Higher Education Coordinating Board (“Coordinating Board”) is the state agency responsible for the approval and funding of college transfer courses offered in the community colleges of Texas.
The System is further supported by local district taxes, tuition, fees, investment and interest income, contributions, grants, and revenue from auxiliary activities.
The budget and fiscal operations of the System shall be conducted within the requirements of the Appropriations Act, other federal and state laws, the policies, rules and regulations of the Board of Trustees, and the administrative guidance of the Chancellor.
LSCS Policy Manual Section adopted by the Board of Trustees on August 7, 2008