VP 71-5 Easing of Restriction on Operating Expense Expenditures 1970-71 Fiscal Year
Month/Year Posted:
06-1971
Policy Number:
VP 71-5 This memorandum will serve to amend Administrative Memorandum VP 71-4 of May 25, 1971 which restricted further operating expenseexpenditures for the current fiscal year. The amendment relates to instructional operating expense expenditures only.
The survey of critical needs to cover on going college operating expenditures noted in VP 71-4 has now been completed. As a result to the prior standard of emergency need as a basis for permitting expenditures from existing balances can now be eased so that ordering for normal ongoing needs can be authorized on an item-by-item basis. Stock piling of suppliesfor the 1971-72 instructional operating program cannot, however, be authorized.
Orders which meet the above criterion for authorization will be permitted by this office on an item-by-item basis to the extent that present general college balances permit. I am asking Purchasing to route all orders itisnow holding to Dean Ridenhour for reviewand approval Additional orders for the balance of this fiscal year should also be routed to Dean Ridenhour.