POLICIES AND PROCEDURES |Business Operations | 6.7 Investment
- General Information
- Board Governance
- General Policies
- 2.0 Policy Enforcement
- 2.1 Use of College Facilities/Equipment
- 2.2 Solicitation
- 2.3 Free Speech & Public Assembly
- 2.4 Drug & Alcohol Policy
- 2.5 Live Project Policy
- 2.6 Sexual Assault Policy
- 2.7 Sexual Harassment Policy
- 2.8 Americans with Disability Act
- 2.9 Tobacco Free Campus
- 2.10 Copyright
- 2.11 Intellectual Property
- 2.12 College Closings, Class Cancellations, & Delayed Openings
- 2.13 Diversity Statement
- 2.14 Compliance with Title IX of the Educational Amendments Act of 1972
- 2.15 Establishment of SCC Foundation
- 2.16 Contributions to the SCC Foundation
- 2.17 Employee Cell Phone
- 2.18 Staff Association Membership
- Educational Progs & Services
- 3.1 Instructional Planning
- 3.1.1 Advisory Committees
- 3.1.2 Continuing Education Courses
- 3.1.3 Curriculum Courses
- 3.1.4 Scheduling Curriculum Courses
- 3.1.5 Selection of Instructors
- 3.1.6 Course Site Selection
- 3.1.7 Marketing of Courses
- 3.1.8 Graduate Guarantee
- 3.1.9 Continuing Education Student Registration
- 3.1.10 Curriculum Student Registration
- 3.1.11 End of Class Procedures
- 3.1.12 Repetition of Continuing Education Courses
- 3.1.13 Repetition of Curriculum Courses
- 3.1.14 Accountability & Credibility Internal Audit Plan for Continuing Education
- 3.1.15 Curriculum Faculty Workload
- 3.1.16 Minimum Continuing Education Class Size
- 3.1.17 Minimum Curriculum Class Size
- 3.1.18 Continuing Education Course Outlines
- 3.1.19 Curriculum Course Syllabi
- 3.1.20 Selection of Textbooks for Continuing Education
- 3.1.21 Curriculum Textbook Adoption
- 3.1.22 First Day of Classes
- 3.1.23 tests and Final Exams
- 3.1.24 Grading for Curriculum Classes
- 3.1.25 Children on Campus
- 3.1.26 Student Withdrawals Continuing Education
- 3.1.27 Warning & Withdrawal Notice Curriculum Classes
- 3.1.28 Records & Reports
- 3.1.29 Curriculum Faculty Office Hours
- 3.1.30 Schedule Changes for Continuing Education Classes
- 3.1.31 Notification of Curriculum Faculty Absences/Late Arrival
- 3.1.32 Advising Students
- 3.1.33 Professional Development
- 3.1.34 Participation in Committees, Division Meetings or Other Group Activities
- 3.1.35 Criteria for Book Signings
- 3.1.36 Student Absence from Curriculum Courses & Official College Events
- 3.2 Clinical Agreements with Health Care Agencies
- 3.3 Development of Courses
- 3.4 New Curriculum Programs
- 3.5 Academic Freedom
- 3.6 Faculty Senate
- 3.7 Religious Observances
- 3.8 Admission to BLET
- 3.9 Institutional Review Board
- 3.1 Instructional Planning
- Student Progs & Services
- 4.1 Intercollegiate Sports Program
- 4.2 Financial Obligations & Business Relationships
- 4.3 Student Insurance
- 4.4 Due Process
- 4.5 Student Code of Conduct
- 4.6 Discipline
- 4.7 Financial Aid
- 4.8 Deferred Payments
- 4.9 Admissions
- 4.10 Admissions for Basic Law Enforcement Training
- 4.11 Access to Student Records
- Human Resources
- 5.1 Conflict of Interest
- 5.2 Employment Contracts
- 5.3 Equal Employment Opportunity
- 5.4 Affirmative Action (Trustee Manual)
- 5.5 Political Activities
- 5.6 Privacy of Employee Personnel Records
- 5.7 Background Checks
- 5.8 Contents of the Personnel File
- 5.9 Employment
- 5.10 Illegal Conduct
- 5.11 Nepotism
- 5.12 Outside Employment
- 5.13 Rehire of Former Employees
- 5.14 Transfer of Employees & Promotion
- 5.15 Veterans Preference
- 5.16 Classification of Position
- 5.17 Leaves of Absence
- 5.18 Annual Leave
- 5.19 Civil Leave
- 5.20 Educational Leave
- 5.21 Family & Medical Leave
- 5.22 Military Leave
- 5.23 Parental Involvement Leave
- 5.24 Personal Leave
- 5.25 Sick Leave
- 5.26 Voluntary Shared Leave
- 5.27 Leave Without Pay
- 5.28 Leave Transfer
- 5.29 Disciplinary Action, Suspension & Dismissal
- 5.30 Employee Grievance
- 5.31 Non-Renewal of Contract
- 5.32 Release from Contract
- 5.33 Reduction in Force
- 5.34 Unemployment Compensation
- 5.35 Compensatory Time
- 5.36 Salary Determination
- 5.37 Salary Increase
- 5.38 Longevity Pay
- 5.39 Payroll
- 5.40 Employee Development
- 5.41 Evaluation of Personnel
- Business Operations
- 6.1 Appearance of Buildings & Grounds
- 6.2 Personal Equipment
- 6.3 Use of Self-Supporting Funds
- 6.4 budget Responsibilities with the Board of County Commissioners
- 6.5 Financial Commitments
- 6.6 Sales of Surplus Property
- 6.7 Investment
- 6.8 Debt Collection from Employees
- 6.9 Refunds
- 6.10 Use of Profits from Vending Machines & Other Convenience Concessions
- 6.11 Use of Profits from Bookstore Operations
- 6.12 Travel
- 6.13 Assignment of College Car to the President
- Technology Services
- 7.1 Information Systems Access
- 7.2 Remote Network Access
- 7.3 Information Systems Network Security
- 7.4 Information Systems Security
- 7.5 Contractor Non-Disclosure Agreement
- 7.6 Allocation of Information Systems
- 7.7 Use of Information Systems
- 7.8 Information Network Access for College Visitors
- 7.9 GroupWise Space Usage
- 7.10 Email Retention
- 7.11 Instant Messaging
- 7.12 Information Systems Hardware & Software
- 7.13 Use of Personal Equipment
- 7.14 Risk Assessment & Management
- 7.15 Disaster Prevention & Recovery
- Safety and Health
Investment
Investment and management of college funds will be in accordance with Chapter 115D, Article 4A of the General Statutes. Operational management of the budget and investments is delegated to the president and his/her designee by the Board. In addition, the Board may review budget and investment policies and procedures as needed for the purpose of recommending policy changes.
The Board adopts the following investment guidelines for the college:
- The highest rate of return with minimum risk should be obtained in order to maximize safety and yield of funds invested.
- Investments should provide no risk of loss in equities.
- Safety of principal should be assured through use of FDIC insured accounts or investments in U.S. Government securities.
- Both short-term and long-term investments should be utilized, but with maturities generally not exceeding five years.
- Funds used for current operations should be deposited in interest-bearing accounts at the highest available yield but retain sufficient liquidity to permit cash withdrawals for expenditures.
- Measurement of investment yield should be calculated and reported annually to the Board. This annual report should include a comparison with the previous year's performance and comparisons with standard market performance indicators.
VP Ops/Fin
BOT: November 28, 1989, July 20, 2010