It is declared that for the benefit of the people of the state, the increase of their
commerce, welfare, and prosperity, and the improvement of their health and living
conditions, it is essential that this and future generations of youth be given the
fullest opportunity to learn and to develop their intellectual and mental capacities;
that it is essential that institutions for higher education within each county in
the state be provided with appropriate additional means to assist such youth in achieving
the required levels of learning and development of their intellectual and mental capacities;
that it is the purpose of this part to provide a measure of assistance and an alternate
method to enable institutions of higher education in each county of this state to
provide the facilities and structures which are sorely needed to accomplish the purposes
of this part; and that it is essential to provide additional assistance to institutions
for higher education by enabling those institutions to coordinate their budgetary
needs with the timing of receipt of tuition revenues in a manner similar to programs
authorized for school districts within the state. The necessity in the public interest of the provisions hereinafter enacted is hereby
declared as a matter of legislative determination.
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