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BOARD00140
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Last modified
8/16/2009 2:45:35 PM
Creation date
10/4/2006 6:32:27 AM
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Board Meetings
Board Meeting Date
5/7/1980
Description
Agenda and Minutes
Board Meetings - Doc Type
Meeting
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<br />38 <br /> <br />. <br /> <br />1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br /> <br />two and if they get the one million two this year we'll <br /> <br />apparently spent our one million two; is that correct? <br /> <br />Is that right? <br /> <br />~R. McDONALD: If they got one point two this year, <br /> <br />but we know they will not. We know in advance they will <br /> <br />not get one point two million this year. <br /> <br />MR. JACKSON: Do we know the precise amount they'll <br /> <br />get. Is it the one-sixty-two? <br />MR. McDONALD: That's what they're seeking. <br /> <br />MR. GETZ: There is no way that the legislature can <br /> <br />pass that authorization for spending on a matching basis? <br /> <br />They have to have a dollar figure? <br /> <br />MR. McDONALD: Well, they do need a dollar figure <br /> <br />but they can make that subject to match. <br /> <br />MR. GETZ: Yes, but I mean they can't authorize <br /> <br />spending up to a million two based on something that's <br /> <br />going to happen in July. I mean that would be -- the <br /> <br />million two would be encumbered at the time the bill was <br /> <br />passed no matter what. <br /> <br />MR. McDONALD: That's the way we treat it on our <br /> <br />books, right. <br /> <br />MR. GETZ: Yes. Even so, what difference does it <br /> <br />make what figure we put on it. If we say match or not <br /> <br />match it's still going to be encumbered unless we set a <br /> <br />lower figure. <br /> <br />. <br /> <br />e <br />
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