March 20-21, 2003

ITEM 118-105-R0303    Authorization to Expend Reverted Appropriation MSU Billings

THAT:    The Board of Regents authorizes Montana State University Billings to expend reverted appropriations based on the attached plan.

EXPLANATION:        Board of Regents Policy 901.6 and MCA 17-7-304 authorizes campuses and agencies of the Montana University System to expend reverted appropriations subsequent to Regent approval of a spending plan. Montana State University Billings plans to spend reversions on projects identified on the attached priority list. MCA 17-7-304 specifies that the reversions are to be spent on deferred maintenance or equipment, so the plan by MSU Billings complies with legislative intent.