Michigan State University Extension
Diversity and Pluralism - 02100036
12/95/
ERIC TITLE NUMBER: ED124016 AUTHOR: Frantzreb, Arthur C.
TITLE: Board Responsibility for Procurement of Resources.
YEAR PUBLISHED: 1974
NOTE: 13 p.; Paper presented at the Association of
Governing
Boards Conference (Chicago, Illinois, October 24-25, 1974)
AVAILABILITY: Frantzreb and Pray Associates, Inc., 1500
Wilson Boulevard, Arlington, Virginia 22209 (free)
ABSTRACT: The greatest single matter of concern before
policy boards, officers, and administrators is seen as the
question of financing the ongoing operation of the college,
the university, or the system of higher education.
Unionization, affirmative action, student recruitment,
tenure, educational competition, changing modes of
instruction all have financial implications. Policy boards
hold dual responsibility: they have ultimate, non
transferable responsibility for the procurement of
essential
financial resources, and they have the responsibility for
determining, as objectively as possible, the degree of
wisdom by which existing resources are managed. Nine
preconditions for fiscal procurement responsibility, from
private or public sources, are outlined that deal with: (1)
response, not reaction, (2) the chief executive, (3)
academic deficits, (4) management assurance, (5) financial
options, (6) staff ingenuity, (7) constituent perceptions
regarding private, public, and church-related institutions,
(8) tax implications, and (9) institutional marketing.
(LBH)
KEY DESCRIPTORS: Administrator-Responsibility; Conference
Reports; Educational-Administration; Educational-Economics;
Financial-Needs; Financial-Problems; Fiscal-Capacity;
Policy
Formation; Tax-Allocation
KEY DESCRIPTORS: *Educational-Finance; *Financial-Policy;
*Governing-Boards; *Higher-Education; *Income-
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