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6.03.02 – Policy – Financial Management Vending and Concessions

Profits received from the College’s operation for vending machines and other concession activities shall be deposited, budgeted, appropriated and expended for the following purposes:

A. To support enterprises;

B. For expenditures of direct benefit to students; and

C. Other institution-related expenses authorized by the President.

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

Legal Reference: N.C.G.S. § 115D-58.13; 1H SBCCC 300.4

Adopted: January 9, 2019