260C.31 - AUXILIARY ENTERPRISES. - Iowa Statutes

260C.31 AUXILIARY ENTERPRISES. The board of directors may expend profits from auxiliary enterprises of community colleges for services and equipment which includes but is not limited to tutoring services, scholarships, grants, furniture, fixtures and equipment for noninstructional student use, and support of intramural and intercollegiate athletics. For the purpose of this section: 1. "Auxiliary enterprises" means self-supporting services provided at the community college for which fees or charges are paid, and includes but is not limited to food services, college stores, student unions, institutionally operated vending services, recreational activities, faculty clubs, laundries, parking facilities, and intercollegiate athletics. 2. "Profits from auxiliary enterprises" means the difference between the total fees or charges collected for auxiliary enterprises and the expenditures by the community college for the auxiliary enterprises.          Section History: Early Form [C81, § 280A.31]          Section History: Recent Form 90 Acts, ch 1253, §39 C93, § 260C.31