Budgets, Contracts, & By-Laws

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City College of San Francisco, through the Bookstore Auxiliary, operates the college's bookstores under an agreement with the Follett Higher Education Group (FHEG).  Below is a link to that agreement.

Bookstore Agreement with FHEG

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The San Francisco Community College District Bookstore Auxiliary operates all the distrcit bookstores.  It does so under the authority granted to it by the District in 1995.  There are two documents relevant to that authority.

1. The Master Agreement which set up the Auxiliary and permits it to operate

2. The set of By-Laws which describe how the Auxiliary operates, including the make up of the board of directors.

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Periodic Financial Information

1. OPEB Report November 2014: The bookstore carries an obligation to fund the health care of qualified retired former employees.  Every few years a report is required (OPEB) to tell the auxiliary the future cost of that liability.  

2. 2014-2015 Auxiliary Budget Each year the Auxiliary prepares an operating budget.  The budget for the upcomming fiscal year (academic year) is normally approved by the board in May. 

3.  Investment Policy.  This describes the policy and procedures for investing bookstore funds.  A fund balance is needed to in order to fund various obligations as are described in the policy statement.  Each year the Auxiliary Board reviews the investments and this policy during the budget process.