Lehigh University's General Fund Balance Reserve Policy stipulates maintaining a reserve equivalent to at least five percent of the annual operating budget. Adjustments are made annually, based on total budgeted revenue. Authorization for fund expenditure requires approval from the Board of Trustees upon the President's recommendation, ensuring fiscal prudence and stability.
Lehigh University's General Fund Balance Reserve Policy stipulates maintaining a reserve equivalent to at least five percent of the annual operating budget. Adjustments are made annually, based on total budgeted revenue. Authorization for fund expenditure requires approval from the Board of Trustees upon the President's recommendation, ensuring fiscal prudence and stability.