| |
| |
Caption: Board of Trustees Minutes - 1918
This is a reduced-resolution page image for fast online browsing.
EXTRACTED TEXT FROM PAGE:
404 BOAki) OF TRUSTEES [July 17, ENDING $ JUNE 30f igi8i $ 315,401.52 [ESTIMATED INCOME FOR THE YEAR Unexpended balance, June 30, 1917 Less: Reserve for trust funds Reserve to meet existing obligations 13,446.04 80,167.88 93,613.92 Free balance, July 1, 1917 (including Agricultural balances, $68,176.31).... United States grants: Land Grant Act of 1862 (Endowment Fund).. Morrill Act Nelson Act Hatch Act Adams Act ........... Smith-Lever Act 22^1,787.60 32^450.65 25,000.00 25,000.00 15,000.00 15,000.00 80,085.86 I92,536.:5i State appropriations from the income of the "Mill Tax": Salaries and wages <.. 1,475,000.00 Office expense 50,000.00 Traveling expense ......,........;.. 25,000^00 Operating supplies and expense 62,500.00 School supplies 207,500.00 Repairs 55,000.00 Equipment 150,060.00 Buildings 250,000.00 Reserve and contingencies 125,000.00 Total , $2,400,000.00 Less: Shortage in collections June 30, 1917,...., 133,472.83 Student fees: Income for 1916-17 Urbana departments Chicago departments 2,266,527.17 ........... 189,356171 75>25440 Total ...,.......,...$ 264^11:11 Add: Estimated increase due to new "incidental** fee (on basis of 1916-1917 enrollm^njt)...... 25,332.00; Total ,....* Less: Estimated decrease of 25%....., ...$ 289,943.11 73,485.78 217,457.33
| |
