| OCR Text |
Show on the basis of the answers submitted, which in the best information available to us at this time, we recommend the adoption or the budget an proposed.- . The only two possible alternatives to thin: procedure, neither of which.we recommend, would be, , first, to hire an independent firm of auditors or accountants responsible directly to the Board of Regents and have them 30‘over.with the President, MI. Hudson and me. Garrett, the budget from an independe ent_viewP01nt and-make-recommendations back to the Board of Regents. "This procedure would be costly and undoubtedly take a considerable.1ength of time. second, to enforce a rule to the effect that no depart- .ment_would increase its expenditures over last year‘s appropriationn.. We have no way of knowing.whet effect such a ruling'would have but there is some reason to believe that in Special instances great hardship or_injnetices might be done to the_d1fferent depart» mente'unlees a great deal moreietudwaere made by the Regents of the different‘dcpartmente.- ' As previously stated, therefore, the finance committee does not recommend these alternatives but, nevertheleee,'has included them in this.repcrt. Under the above.enumerated circumstancee, therefere, we recommend adaption of the budget as eebmitfiedg ' Respectfully Submitted,''''' Following brief-explanetions and comments on the report, the Board convened at 11:30,A.M. as a~ '. Committee of the whole;; Me} Garrett, me, godsen' and me. sorensen were excused. "President Olpin also retinedrineemnch an hie selery would be under discussion. 'x'ihtfid : hit it I I The Boned ndjcurned for lnnchepn in Race 39% |
