| Narrative: |
Southwestern
Community College has completed and submitted its most
recent institutional profile for financial, general
and enrollment information as requested by the Commission
(1 &
2). The annual
financial statements submitted to the North Carolina
Office of State Controller are examined for accuracy
and are verified through an external audit with the
North Carolina Office of State Auditor. The results
of these audits indicate the College has maintained
financial operations that have merited no findings in
several years (3,
4, 5,
6).
Supplemental information provided with these statements
includes a Schedule of General Obligation Bond Project
Authorizations, Budgets, and Expenditures, and a Management
Discussion and Analysis.
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