Kenai Peninsula Borough |
Code of Ordinances |
Title 5. REVENUE AND FINANCE |
Chapter 5.24. POSTSECONDARY EDUCATION FUNDING |
§ 5.24.030. Funding restricted to operations.
A.
No funds provided by the borough to institutions under this chapter may be used for capital improvements, or construction of facilities. Funds may only be used for instruction and the operations of facilities used to provide curriculum or programs offered within the borough.
B.
No money may be utilized for the provision of programs outside the borough; this restriction includes general administrative expenses or overhead costs involved in providing programs within the borough, unless the assembly has consented by resolution to such expenses or costs being utilized in connection with a particular program.
(Ord. No. 90-47, § 1, 1990)