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to do here, fortunately, but they could do under the
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z
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present language, namely to say how funds are local funds
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3
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and are not to go in the treasury.
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4
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The University of Maryland would be a good
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example. In other words, you take the tuition fees which
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are collected and are not deposited in the State Treasury.
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You go and put them in the Suburban national Bank and then
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begin using them saying they are not in the treasury and
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therefore not subject to the requirement that the money
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be appropriated before any of it can be disbursed.
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THE CHAIRMAN: The University of Maryland does
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exactly that.
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MR. DONAHO: So, the University should define
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what goes into the treasury as receipts from the government
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Everything that comes in ought to go in because, otherwise,
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somebody's, going to get out of this paper bag, Sensenbaugh,
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especially .
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DR. JENKINS: May I ask you a question?
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How would this affect self-liquidating projects, where the
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institution has dormatories and the institution enters into
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a contract with bondholders? If there is a provision that
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