# LCMS Convention Proceedings_St. Louis Missouri_1950_S227
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

248 SEMINARIES AND COLLEGES 4 : SEMINARIES AND COLLEGES 249

work funds, contingenc fund, and all other operating ¢, | @ iven institution, it must obtai e prior
After due consideration therect, the Board for Higher Eda j fon ee of Directors. tain the p consent of the
tion shall transmit the budget Synod should pay, to the Boarg ff f. All expenditures which exceed the total budgetary
of Directors for recommendation and for reference to the Fisca} allowance for higher education must be authorized by the
Conference, which shall then fix the budget for the Seminaries Board of Directors.
and colleges. .

“c. In order to provide for major contingencies in the Handbook Section 6.07
category of maintenance and repair, the Board for Higher In order to recognize the Provisions of revised Sections 6.145,
Education ‘shall reserve no less than 25 per cent of the total 6.146, and of present Section 6.151, the Board for Higher Education
allocation for maintenance and repair in a contingency fung mends that additional sections to be known as ‘Paragraphs j

which shall remain under the direct jurisdiction of the Bo : . .
for Higher Education, If Synod has met its budget in any given k, and 1 be inserted under Section 6.07:
year, the funds remaining in this contingency repair fund at 6.07
the close of the fiscal year shall be accumulated from year

rire B ib! f th ee .
; , ' - ¥e responsible for the general su rvision -
to year as a reserve for major contingencies. Whenever such J P g pe of main

tenance and repair of Synod’s educational Properties and

accumulated funds exceed one third of the total allocation shall convey its recommendations to the Board of Directors in
for maintenance and repair for a given fiscal year, the excess all matters relating to purchase, lease, or rental of any land
shall become a part of the regular allocation to institutions for and on the purchase, lease, rental, or construction of any .
maintenance and repair in the following year and shall reduce, buildings on the campuses of Synod’s colleges or seminaries,
to that extent, the amounts which must be drawn from the “k. When Synod has made appropriations for specific educa-

budgeted funds of the fiscal year involved.” tional projects, the Board for Higher Education shall determine
Handbook Section 6.146 the order in which these Projects shall be carried out.
andbook Section 6. “1. In all matters relating to purchase, lease, rental, or con-

In order to provide for necessary “adjustments within a struction, the Board of Directors shall, with the consent of the
budget,” a subject covered in the section which was deleted from Board for Higher Education, issue the direct authorizations
6.145 in order to avoid the confusion of treating two separate to the local Board of Control so that the Board of Directors’

: i ; . : . legal responsibilities for synodical Property are in no way
subjects in a single section, the Board for Higher Education abridged and that the Specific provisions of Section 6.37 d remain
recommends the following wording for new Section 6.146: in full force.” .- .

6.146. Budget Adjustments .
a. Final synodical responsibility for administering the

udgets assigned to the institutions b the Fiscal Con- adjustments in order to match the changes recommended in 6.39

fee onde be vested in the Board for Higher Education. and thus to clarify the administrative responsibility in matters of

b. Necessary transfers of budgeted funds from one classi- construction and repair of educational buildings.
fication to another within the institution’s budget allocation Section 2.79k is contradictory to Section 6.147 in part. The

“may be naartaken, by the local poard oF ontrol, jtPon Board for Higher Education recommends therefore

recommendation of the college president, up to, but not ex- : .. °
ceeding, the amount of $100 per transfer. Notification of such | That Section oie eceieted the ts entirety and that the fol-
internal transfer of synodical funds muist be conveyed in Owing wording be subs or the present paragraph:
duplicate copy to the Board for Higher Education and Synod's 2.79 k
Fiscal Office. 7 ok “Whenever Synod has made _ appropriati

c. Expenditures from the contingency fund of each institu- specific projects relating to the establishment of new’ rete”
tion shall be made only upon approval of the Board for Higher tions, the relocation of old institutions, or for new buildings,
Education. extensive remodeling, or the purchase, lease, or sale of Property,

d. If a revision of the original total allocation to an institu- the Board of Directors shall authorize the initiation of such
tion becomes necessary, or if it becomes necessary or advisable Projects at a time when it believes the best interests of Synod
to shift part of a budgetary allocation from one institution to will be served. It shall not, however, initiate Projects in higher
another during the course of a fiscal year, the Board for education , Without the consent of the Board for Higher —
Higher Education shall first consult with the Board of Directors. Education.

e. Whenever the Board for Higher Education approves The Board for Higher Education recommends further that
an expenditure which exceeds the total budgetary allocation at the beginning of 2.79 1, the following words be inSerted: