Resolution of the Board of Directors of the Corporation for Public Broadcasting
June 27, 2002
FY 2003 Operating Budget
Unanimously
RESOLVED,
That the Board of Directors hereby approves CPB's FY 2003 Operating Budget as reflected in the accompanying document.
FURTHER RESOLVED THAT,
Consistent with this resolution, the President and Chief Executive Officer may, from time to time, make reallocations in the line items of the budget not to exceed ten (10) percent of any line item, provided that the Chair approves and the Board is informed in advance of such reallocations through reports from the Corporate Treasurer.
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