TITLE 3: HUMAN RESOURCES
DIVISION 1: EDUCATION
§ 1331. Northern Marianas College: Appropriation. (a) Aside from such additional sums as may be appropriated annually by the legislature for its financial support, the college shall be guaranteed an annual budget of not less than $6,000,000 or one percent of the general revenues of the Commonwealth, whichever is greater. This annual financial support shall be used for the operations and service delivery of the college. The budgetary appropriation may not be reprogrammed for other purposes, and any unencumbered fund balance at the end of a fiscal year shall be available for reappropriation. (b) Funds collected under 3 CMC § 1316(p), including indirect costs charged to the federal government for implementing the federal program, shall be included in the budget submission of the college to the Governor pursuant to 1 CMC § 7206. Funds available under 3 CMC § 1316(p) shall be off-set against moneys appropriated by the legislature. (c) All moneys received by or in behalf of the board or the college shall be deposited in the college trust fund, except that any moneys received from the federal government or from private contributions under 3 CMC § 1316(h) shall be deposited and accounted for in accordance with conditions established by the agencies or persons from whom the moneys are received. Source: PL 4-34, § 16; amended by PL 8-18, § 12; PL 9-53 § 7. Commission Comment: This section was formerly codified as 3 CMC § 1332. PL 8-18, § 16 repealed former 3 CMC § 1331 (PL 4-34, § 15), which granted college employees the right to choose to become members of the Public Service Retirement Fund, and directed that the subsequent section (i.e., this section) be renumbered accordingly.