71-615. Exceeding budget; penalty. If a community college expends in any fiscal year an amount for operating expenses which exceeds its legally adopted budget of operating expenses, the state board of regents shall determine the excess and deduct the same from amounts payable to the community college during the next fiscal year.
History: L. 1973, ch. 274, § 20; L. 1980, ch. 207, § 43; L. 1981, ch. 270, § 4; L. 1999, ch. 147, § 50; July 1.
Structure Kansas Statutes
Chapter 71 - Schools - Community Colleges
Article 6 - State Aid And Fiscal Provisions
71-603 Certification to state board of credit hour enrollments and property valuations.
71-604 State aid; proration of insufficient appropriation; overpayments; underpayments.
71-605 Same; distribution, when; credit to general fund.
71-609 Same; subjects and courses taught outside home county, certain authorizations required.
71-609a Same; disallowance for certain credit hours.
71-611 Definitions; operating expenses; legally adopted budget; general fund.
71-614 General fund; transfer authorizations; operating expense; certain expenditures prohibited.
71-615 Exceeding budget; penalty.
71-617 Adult basic education; tax levy authorized, limitations, protest; fund, sources; expenses.