12 Miss. Code. R. 3-2.1-200.3 - DEFINITION OF NEEDS
Immediate Needs may be defined as buildings, major improvements, and other facilities required for the proper functioning of the institution for the next year. Long Range Needs may be determined as buildings, major improvements, and other facilities of a similar nature which may be needed at some indefinite future date.
Both of these needs are based on a five-year projection basis. Immediate Needs should be funded the first fiscal year and Long Range Needs should be funded in the next four (4) fiscal years. [Mississippi Code 1972, Annotated, Section 31-11 -29]
Notes
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