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Show 655 apprdve the amounts mentioned, he stated that if an emergency " should arise during the biennium, "the machinery is set up to meet it: ‘ referring *0 the-power of‘th'e Board of Examiners, of "which he ischairman, to allow'ideficit appropriations. 'Asked by President Olpin if the Board of Regents did not have the authority to voluntarily agree to returnto the state's general fund any unexpended or unneeded moneys accruing in its budget, the Governor's reply was that under House Bill 1 which sets up a new basic budget for the higher institutions and " which-Was passed'by the legislature over-his veto this would be impossible.‘ ‘ ‘ ' Regent O'Connor mentioned the possibility of increasing fees toprovide additional revenue, since-spiraling costs have " resulted' in‘ salary increasesto persons employed. in industry, etc; , resulting in more money. being available now than several years ago. This suggestion was concurred‘in by the Governor. It was, however, called to the Governor's. attention that at the beginning of the present bienniumiley 1949) he was opposed to a similar action taken by the Regents, and later com- promised in the agreement with him. ' Before the Governor retired Chairman Sill expressed for GOVERNOR the-Regents their appreciation to Governor Lee for taking time LEE asand meeting this at attendance in be to day busy his out of EXC USED problem. this of on sured him of their careful considerati » After a brief receSs, the Chairman called the meeting to order, and requeSted President Olpin to present his report. The President brought up for discussion plans and a budget for the 1951 Summer Festival, stating that "Oklahoma" and "Die Fledermaus" had been proposed as the attractions to be presented. The preliminary budget for the Festival, in the based on amOunt of $50, 000 which has been recommended, is the income from last year‘s festival. 1951 SUMMER FESTIVAL BUDGET PRESENTED AND APPROVED A discussion of these at- ve the budg' tractions followed, after which it was moved to appro dent. Presi the by et request and the attractions recommended ge M. Cannon, A report was submitted from Mr. Geor Fund Special Chairman of the Alumni-University Development efforts during the. Gifts Committee, giving the results of his s and gifts from llqpast several months soliciting contribution this State. uor manufacturers doing business in The Governor nue to prov1de funds had suggested this plan as a source of reve LIQUOR COMPANY GIFTS REJECTED AND ORDERED RETURNED |
