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<br />. <br /> <br />3. All feasibility studies initiated by the Board include <br />the information required by criteria (IX), <br /> <br />Administrative Expenditures Durinq FY 84-85 <br /> <br />The following expenditures of construction fund moneys <br /> <br /> <br />were made during FY 85-86 pursuant to section 37-60-121 (4), <br /> <br /> <br />CRS, which moneys were appropriated by the long bill for FY <br /> <br /> <br />85-86. <br /> <br /> Personal Services $452,987 <br /> Operating 29,914 <br /> Travel 24, 109 <br />. Capital 9,568 <br /> Legal Services 32,691 <br /> <br />Total <br /> <br />$549,269 <br /> <br />The Board would note that the amounts appropriated by the <br />General Assembly substantially exceed the costs of <br />administering the construction fund program. Thus, <br />construction fund monies are necessarily being spent for <br />activities not related to project construction. <br /> <br />. <br /> <br />-3- <br />