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Constitutional Convention Commission (Committee Hearings, Testimony)
Volume 422, Page 915   View pdf image (33K)
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212

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MR. DONAHO: In other words, you purposely

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overbudget?

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DR. SENSENBAUGH: Not necessarily. We use the

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figures and we even refine the figures that the State

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Departnent issues .

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THE CHAIRMAN: It's like a power company. They

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have to have a reserve, as a power company does. You figure

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ten per cent in reserves.

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DR. SENSENBAUGH: You don't do that unless it

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is justified vzhen the time has come to spend it, and that

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is not until the end of the year. I would assume that

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under the other program that he has advocated, that if you

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didn't have a formula and you didn't have as many children

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show up as you anticipated, you could still turn the

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money over to the local units to spend and you would have

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no surplus?

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MR. DONAHO: Mo. What you do with it is it

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goes back to the Governor's Contingency Fund and, in this

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case, there is a $500,000 contingency.

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DR. SENSENBAUGH: This is dangerous.

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MR. DONAHO: In nany States, the Governor sits



 

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Constitutional Convention Commission (Committee Hearings, Testimony)
Volume 422, Page 915   View pdf image (33K)
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