This document is the third in a series of reports from the Committee on the More Effective Use of Technical College Resources. The Committee is charged with suggesting ways of making the most effective use of the anticipated or actual resources available in technical and other colleges of higher education. The sections of the report include discussions of: (1) the development of technical colleges; (2) the control of expenditures on technical college education; (3) the control of expenditures within colleges; (4) preparation and execution of the college budget; (5) manpower budgets; (6) costing within technical colleges; (7) possible developments affecting costs; (8) financial procedures; and (9) the use of punchcard equipment and computers for technical college administration. (HS)