ERIC Number: ED029452
Record Type: RIE
Publication Date: 1967-Jan
Reference Count: 0
Revenue Bond Financing Auxiliary Service Facilities Construction at the State Colleges.
Maryland Board of Trustees of the State Colleges, Baltimore.
Since the State of Maryland does not provide funds for the construction of dormitories, dining halls, student activities, buildings, and similar ancillary services, an outline of cost responsibilities for such facilities in the state college system is presented. Based on a discussion of the financing methods for ancillary projects, the role of the federal government, and the Maryland policy, recommendations are suggested for financing expansion in higher education which allows for financing without taxation and a rational operation and expansion of these ancillary facilities in the state college system. The appendices list--(1) administrative statements about self-support, and (2) charts of interest payments, auxiliary fee services, residence hall fee, and operating expenses from 1966 projected through to 1980. Also included in the appendices is a comprehensive review of other states' methods of non-taxation financing for the construction of ancillary facilities. (HH)
Publication Type: N/A
Education Level: N/A
Authoring Institution: Maryland Board of Trustees of the State Colleges, Baltimore.