University Daily Kansan, September 21, 1983 Page 11
Parking violations should yield $300,000 Director dislikes using fines as revenue
Joe! Wilkins III-KANSAN
Gary Skeet and Harold Longaker, KU parking service employees, post signs warning motorists not to park on Jayhawk Boulevard after 8 am. Resurfacing work was to start last night, the first part of a $50,000-project to improve Jayhawk Boulevard and Naismith Drive. No cars were towed last night. KU police said.
By MICHAEL PAUL Staff Reporter
KU's Parking Services expects to earn $30,000 from parking fines this fiscal year, although its director says he dislikes generating money from those violations.
But Don Kearns, the director, said that fines were a revenue source that the department could not do without.
Kearns said that Parking Services received no money from the state and had to support itself. That money, he said, comes from the sale of permits, metered parking, special-events parking and fines.
this year, those sources will bring in an estimated $233,000, according to Martin Jones, associate director of University business affairs. Persons sales are the department's largest this year, they will generate $330,000.
JONES SAID THE department also would bring in $100,000 from meter money, $81,000 for special-events parking and $12,000 for other tolls.
Kearns said that, according to state law, any money received by parking services must be used to cover any expenses in enforcing parking and parking regulations. This is also be used for construction, maintenance and repair of parking areas.
want to provide any taxpayers' money to be used for the construction or maintenance of parking lots because few taxpayers would use the lots.
Jones said that the state did not
PARKING SERVICES WILL spend an estimated $811,912 this fiscal year. The department has budgeted $100,000 for capital improvements.
The theory, Jones said, is that people who use the lots should be the ones from whom any money comes to the maintenance or construction of lots.
Part of that money, Kearns said, will be used to improve an area for student parking north of 14th Street in an alley between Ohio and Louisiana streets. The money also will be used for resurfacing, curbing and guttering in the area of printing services on West Campus.
Jones said that contract bids had not been opened for these improvements. He said one engineering study had indicated that it might cost more than $100,000 to complete those projects.
Kearns also said that $50,000 had been allocated for lot maintenance, which includes striping lots, removing snow and repairing pot holes.
Jones said that any difference between actual revenues and actual expenses would be carried forward to next year's budget.
By United Press International
Investors' hopes in Fed bring Dow to record high
NEW YORK — The Dow Jones industrial average climbed 15.25 points to a record 1,249.19 yesterday in a stock market rally set off by investors hopes for easier credit and lower interest rates.
The Dow average of 30 blue-chip stocks, which rose 8.23 Monday, topped its previous high of 1,248.30 set June 16, because of a late burst of buying. The Dow is now up 472.26 since the bill market began on Aug. 13, 1982.
The New York Stock Exchange index rose 0.79 to 97.88 and the price of an average share increased 30 cents.
BIG BOARD VOLUME climbed to 103,650,000 shares from 85,130,000 Monday as institutions adjusted their portfolio for the end of the third quarter.
Advances topped declines 984-623 among the 1,983 issues traded at 3 p.m. CDT
"The market looks like it has gotten conviction after three months of being in the doldrums and we could be starting the second leg of the bull market," said L. Crandall Hays of Robert W Baird & C. Milwaukee.
"The fundamental reason for the market climbing is a growing belief the Fed is finally going to ease credit a
bit," said Richard Harrington of Interstate Securities, Charlotte, N.C.
For the second consecutive day, federal funds that rates banks charge one another for overnight loans dropped, this time to 9 $\frac{1}{3}$ percent from 9 $\frac{3}{4}$ percent. The bond market rallied as the Treasury's three-day, $14.25 billion refunding got underway and found many buyers.
ANALYSTS SAID THEY expected that the Federal Reserve would report a $200 million drop in the nation's money supply Friday. Even though the supply rose $5.5 billion last week, it was within Fed target ranges.
The American Stock Exchange index jumped 1.01 to 237 63 and the price of an
average share rose seven cents.
Advances topped declines 312-280
among the 809 issues traded. Volume
of shares shares compared with
6,830,000 Monday.
The National Association of Securities
Brokers in the District of OTC stocks gained
1.53 / 300.36
On the trading floor. Bankamerica was the most active NYSE-listed issue, off $4 to 21 %, Diamond Shamrock followed, up $4 to 25 %. Institutional favorite K-mart was the third most active issue, up % to 38 %.
On the Amex, Imperial Chemical led the actives, up 1/3 to 8 1/3. FPA Corp. followed, up 1/3 to 7 2/3. Dunup Holdings was third, unchanged at 1.
Administration endorses soil conservation bills
By United Press International
WASHINGTON — The U.S. Agriculture Department favors a bill that would discourage plowing up of erodible lands and another bill that would finance improved irrigation in the state. A federal official told a House committee recently.
Richard Siegel, deputy secretary of agriculture, told the House Agriculture subcommittee on Conservation, Credit and Rural Development yesterday that the administration opposed some of the pending soil conservation proposals.
But he said, "we come in the spirit of friendly dialogue about a most complex situation."
Siegel specifically endorsed two measures, a sodobuster bill that would discourage plowing over of erodible lands, and a bill to help pay for improved water in the Colorado Basin which is threatened by water salinity problems.
broad spectrum of complex legislation that would put more strength into soil conservation efforts and link conservation with other federal farm programs.
THE HEARING ENCOMPASSED a
Witnesses agreed that soil conservation must become an integral part of the land use plan.
"Unfortunately, even after decades of government soil conservation programs, erosion is a more serious problem," said Rep. Hank Brown, R Colo.
"Part of the reason for this is the continuation of federal agriculture policies that fall to recognize that all crops are vulnerable to erosion than others."
Brown testified in support of legislation to deny certain federal assistance / including commodity price support loans and payments, federal crop insurance and new Farmers Home Loan Corp. of crops on highly erodible marginal lands without accompanying soil conservation practices.
"The most far-reaching challenge before us, I think, is to make conservation an integral part of our overall agricultural policy," he said.
THE EXECUTIVE DIRECTOR of the Colorado Basin Salinity Control Forum said that the group supports proposed legislation to allow the Department of Agriculture, on a voluntary cost-shares basis, to offer help to farmers for improvement of irrigation practices.
"On the other hand, I do not believe it makes much sense to subsidize farmers for breaking out new, highly erodible land and bringing it into production, especially during periods of oversupply," said Stenholm, a farmer and member of the subcommittee.
HOWEVER, REP, Charles Stenholm, D-Texas, said that he followed Texas' long history of opposing mandatory, across-the-board, federally-imposed conservation planning.
Sen. James McClure, R-Idaho and chairman of the appropriations subcommittee on the interior, said Bumpkins was motivated by a dislike for Watt.
Bumpers acknowledged he would prefer to see Watt leave office. He said that Watt leased 1.6 billion tons of coal last year at a "ridiculously low" price estimate to be $100 million less than the estimated by the General Accounting Office.
commission reviews Watt's leasing practices and makes its report in
BUMPERS SAID 180 years' worth of federal coal was now un lease — 18 billion tons. He said that with the current coal glau, offering the leases at what Sen. Alan Dixon, D-III, called in basement prices" made no sense.
"The commission continues to believe that block grants that leave so much to states' discretion do not fulfill federal civil rights obligations adhere to the same conditions as appointed, appointe, told the House Subcommittee on Intergovernmental Relations.
WASHINGTON — The U.S. Commission on Civil Rights charged yesterday that President Reagan's block-grant method of giving funds to school districts has made "it difficult, if not impossible," to ensure educational equality.
At the same time, the act transferred almost total authority for the largest elementary and secondary assistance programs covered by these grants from the federal government to states and localities.
THE EDUCATION CONSOLIDATION and Improvement Act of 1981, a centerpiece of Reagan's effort to restructure domestic spending, established two types of comprehensive Chapter 1 and Chapter 2 funds.
Clarence Pendleton, chairman of the commission, Jold Congress that the Education Department shoulders much pressure to reduce issue enforceable allocation standards.
Rep. Ted Weiss, D-N Y., chairman of the House panel, called the hearing
"In enacting the block grants, Congress did not intend to lessen the assistance provided to deprived students behind their peers because of discrimination and poverty." Weiss said in an opening statement.
"Nor did Congress intend to allow local schools to use federal funds without a proper accounting," he said. "Yet, the Education Department ... has failed to guarantee that money are for the purposes authorized by Congress."
Sen. Malcolm Wallop, R-Wyo., disputed the estimate of the fair market value of last year's coal, saying it was made by authorities unfamiliar with the industry. He said federal coal leasing would save taxpayers money on fuel bills by lowering the price of coal. Other opponents said the amendment could precipitate another leasing moratorium similar to one imposed in the 1970s, which increased the price of coal and power bills.
Senate stops Watt plan for selling federal coal
WEISS SAID, "More than 50 percent of the Chapter 2 funds have been spent on books and computers, at the expense of the grants, suppose to be funded by block grants."
Pendleton said the block grants, coupled with inadequate allocation standards, "has made it difficult, if not impossible, to ensure that quality of educational opportunity exists for all in the nation's schools."
And, he pointed out, just "23 million of the Chapter 2 funds were spent on desegregation, a drop of $255 million in provision to desegregation funding in 1980."
By United Press International
Reagan is seeking to replace three members of the six-member rights panel, and the Senate Judiciary Committee is expected to make its recommendation on the controversial shakeup tomorrow.
Reagan's education financing scorned by civil rights group
WASHINGTON — The Senate voted yesterday to prevent James Watt, secretary of the Interior, from selling federal coal leases for six months until a study of his controversial practices was completed.
THE INTERIOR APPROPRIATIONS legislation does not include a rescue plan for the financially troubled Washington Public Power Supply System in the Pacific Northwest, as originally planned. Proponents agreed to lay their plan aside temporarily because of the possibility of a fibbulator.
following several studies that found the losers in the new system to be poor urban school districts.
Bumpers' amendment prohibits leawood coal until 90 days after a special
By United Press International
"Why is this man insisting on leasing and giving away this country's resources?" asked Sen. Dale Bumpers, D-Dark. "He is an arrogant man."
The amendment was part of a $7.6 billion Interior Department spending bill being considered by the Senate. A House version containing an additional $422 million has already been approved.
The Senate voted 63-33 on Bumpers' amendment to impose the moratorium on federal coal leases. Last June the Senate approved the moratorium, already approved by the House.
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