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
Last Updated on June 17, 2021