The board of trustees of the Mississippi Gulf Coast Junior College District shall, on or before the fifteenth day of June each year, prepare and file the annual budget of the district. The said budget shall contain a detailed estimate of the revenues and expenses anticipated for the ensuing year for general operation and maintenance and shall set forth the reasonable requirements for anticipated needs for capital outlays for land, buildings, initial equipment for new buildings and major repairs, a reasonable accumulation for such purposes being hereby expressly authorized. Funds derived from the levy for capital outlay shall be kept in a separate account and expended for capital outlay purposes only.
Structure Mississippi Code
Mississippi Gulf Coast Junior College District
§ 37-29-401. Mississippi Gulf Coast Junior College District created
§ 37-29-403. Transfer of property to junior college district
§ 37-29-407. Powers of president
§ 37-29-409. Selection of trustees; terms
§ 37-29-411. General powers and duties of trustees
§ 37-29-413. Junior college attendance centers
§ 37-29-415. Preparation of budget
§ 37-29-417. Execution of oil, gas and mineral leases
§ 37-29-419. Sales of surplus real and personal property
§ 37-29-421. Transportation of pupils
§ 37-29-425. Borrowing in anticipation of taxes
§ 37-29-433. Issuance of bonds; validation and sale
§ 37-29-435. Bonds issued are full faith and credit bonds of District; levy of tax