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Folger, John; Jones, Dennis P. – 1993
In view of increasing financial pressures, this paper argues that a new approach to fiscal policy and to the structure of the financial relationship between state government and institutions of higher education is needed. A proposed three-part budget would include the following: (1) a base or core lump-sum budget managed by higher education…
Descriptors: Accountability, Budgeting, Educational Finance, Educational Objectives