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| THE GENERAL ASSEMBLY OF PENNSYLVANIA |
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| SENATE BILL |
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| INTRODUCED BY CORMAN, JUNE 8, 2011 |
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| REFERRED TO APPROPRIATIONS, JUNE 8, 2011 |
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| A SUPPLEMENT |
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1 | To the act of November 30, 1965 (P.L.843, No.355), entitled "An |
2 | act providing for the establishment and operation of Temple |
3 | University as an instrumentality of the Commonwealth to serve |
4 | as a State-related university in the higher education system |
5 | of the Commonwealth; providing for change of name; providing |
6 | for the composition of the board of trustees; terms of |
7 | trustees, and the power and duties of such trustees; |
8 | providing for preference to Pennsylvania residents in |
9 | tuition; providing for public support and capital |
10 | improvements; authorizing appropriations in amounts to be |
11 | fixed annually by the General Assembly; providing for the |
12 | auditing of accounts of expenditures from said |
13 | appropriations; authorizing the issuance of bonds exempt from |
14 | taxation within the Commonwealth; requiring the President to |
15 | make an annual report of the operations of Temple |
16 | University," making appropriations for carrying the same into |
17 | effect; providing for a basis for payments of such |
18 | appropriations; and providing a method of accounting for the |
19 | funds appropriated and for certain fiscal information |
20 | disclosure. |
21 | The General Assembly of the Commonwealth of Pennsylvania |
22 | hereby enacts as follows: |
23 | Section 1. The following sum, or as much thereof as may be |
24 | necessary, is hereby appropriated to the Trustees of Temple |
25 | University for the fiscal year July 1, 2011, to June 30, 2012, |
26 | for the purposes and in the amount as shown: |
27 | For general support...........$146,826,000 |
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1 | Section 2. Payments to Temple University on account of the |
2 | appropriations for all items as provided in section 1 shall be |
3 | made on the basis of costs during the fiscal year. |
4 | Section 3. (a) Payment to Temple University of the |
5 | appropriations provided in section 1 shall be made monthly |
6 | during the fiscal year. |
7 | (b) Such monthly payments shall be made in accordance with |
8 | the provisions of section 2 on the basis of estimated costs. The |
9 | estimate of costs shall be submitted by Temple University to the |
10 | Secretary of Education, the General Assembly and the State |
11 | Treasurer not later than 30 days prior to the date on which such |
12 | payment is to be made. |
13 | Section 4. (a) Temple University shall apply the moneys |
14 | appropriated by this act only for such purposes as are permitted |
15 | in this act and shall at all times maintain proper records |
16 | showing the application of such moneys. Not later than 120 days |
17 | after the close of the fiscal year to which this act relates, |
18 | Temple University shall file, with the Secretary of Education, |
19 | the General Assembly and the Auditor General of the |
20 | Commonwealth, a statement setting forth the amounts and purposes |
21 | of all expenditures made from moneys appropriated by this act |
22 | and other university accounts during said fiscal year, as |
23 | provided in section 2, used as a basis for receipt of any |
24 | appropriation during said fiscal year. |
25 | (b) Such statement of expenditures and costs shall be |
26 | reviewed by the Auditor General of the Commonwealth, and he |
27 | shall have the right, in respect to the moneys appropriated by |
28 | this act, to audit and disallow expenditures made for purposes |
29 | not permitted by this act and to cause such sums to be recovered |
30 | and paid by Temple University to the State Treasurer. In respect |
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1 | to expenditures made by the university from moneys other than |
2 | those appropriated by this act, the Auditor General shall have |
3 | the right to review only, and he shall file annually with the |
4 | General Assembly such information concerning said expenditures |
5 | as the General Assembly or any of its committees may require. |
6 | Section 5. Temple University shall provide full, complete |
7 | and accurate information as may be required by the Department of |
8 | Education or the chairman or the minority chairman of the |
9 | Appropriations Committee of the Senate or the chairman or the |
10 | minority chairman of the Appropriations Committee of the House |
11 | of Representatives. |
12 | Section 6. Temple University shall present and report its |
13 | financial statements required under the provisions of this act |
14 | in accordance with: the generally accepted accounting principles |
15 | as prescribed by the National Association of College and |
16 | University Business Officers, the American Institute of |
17 | Certified Public Accountants, or their successors, or by any |
18 | other recognized authoritative body; the "Commonwealth of |
19 | Pennsylvania Budget Instructions for the State System of Higher |
20 | Education, State-Related Universities and Non-State-Related |
21 | Colleges and Universities"; and the financial reporting policies |
22 | and standards promulgated by the Commonwealth of Pennsylvania |
23 | and by the Federal Government that apply to Temple University. |
24 | Section 7. This act shall take effect July 1, 2011, or |
25 | immediately, whichever is later. |
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