1
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to have these large reversions; but with all of the |
|
2
|
variables in the formula, it is difficult not to come
|
3
|
up with a reversion of some kind.
|
4
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MR. CASE: Is there any chance that these
|
&
|
reversions can be used for anything else other than the
|
6
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State aid programs?
|
7
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MR. PERKINS: Not to my knowledge. I've been
|
8
|
there three years, as I say, and we use the reversions
|
9
|
to balance the budget for the surplus for the next year.
|
10
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MR. CASE: And, believe me, I'm not even
|
11
|
indicating that this has ever happened and certainly I
|
12
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know wouldn't under Dr. Sensenbaugh's regime, but
|
13
|
suppose a superintendent of schools wanted to employ
|
14
|
somebody on his staff, and there wasn't any money in
|
15
|
the budget for this. Could he dip into the reversions
|
16
|
and bind that money in that way?
|
17
|
DR. SENSENBAUGH: Not unless he is covered
|
18
|
by the formula.
|
19
|
DR. EARHART: All of the calculations are
|
20
|
made within the range of the formula.
|
21
|
MR. CASE: Yes, but they've got so many
|