Repository: UIHistories Project: Board of Trustees Minutes - 1924 [PAGE 309]

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306

BOARD OF TRUSTEES STATEMENT OF INCOME ACCOUNT (RESERVE AND CONTINGENT FUND) YEAR ENDING JUNE 30, 1 2 93

[September 25,

Balances July U 1922 Free Balance in Income Account 189 675 97 Reserve to cover EncumberanceS157 098 78 Balances subject to Reappropriation 178 247 or Invested in Securities (McKinley Funds) 30 100 62 555 122 38 Income Federal Interest on Endowment Fund 32 450 66 Morrill Fund 25 000 00 Nelson Fund . 25 00O 00 Hatch Fund 15 000 00 Adams Fund. . 15 000 00 Smith-Lever Fund 228 495 98 Smith-Hughes Fund 15 263 23 356 209 87 State Mill Tax _ Salaries and Wages 2 700 000 00 Revenue Salaries and Wages 20 000 00 Office Expense 120 000 00 Travel 40 000 00 Operating 440 000 00 Repairs 120 000 00 Equipment 240 000 00 Sub-total, Revenue. (980 000 00) Special Building Appropriations (Amounts Expended 1922-23) Agricultural Building 499 485 47 Horticulture Field Laboratory 87 335 88 Medical Research Laboratory 496 000 00 Natural History Hall Addition. 94 524 51 Transportation Building Addition 2 029 22 Sub-total, Special Buildings (l 17937508) 485937508 S Student Fees (Gross) U M M A R Y O F RECEIPTS A N D D I S B U R S E M E N T S AS A T J U N E 30, 1923652 250 07 Regular Balances Veteran's Bureau Contract Special 5 915 10 658 165 17 Balance July j, 1922 Receipts Incomes (continued) June jo, and and State DisburseState 667 93 5 83 Funds in Hands of University Treasurer Sales Sales and Miscellaneous Agricultural Adjustments Appropriations 244 533 26 ments General 437 316 14 I 232 721 83 93*> 39* 54 ) 46 977 97 Others 223 076 28 467 609 U Stores..„ Total Income. 1 39 . 077 368 — I 143 079 39) 6 (714 359 66 341 913 80 U. S. Agricultural Experiment Income 30 000 00 30 000 00 6 896 482 04 80 Total Balances and Station.. (714 913 U. S. to Income , 228 495 98 228 495 98 25 000 00 Charges Smith-Lever Trust 41 311 Disbursements from Appropriations (Schedule D ) 18 5189 938 95 450 198 61 184 272 16 4 000 00 Sub-totals (Gross) 758 413 15) Reserve {or Encumbrances (Schedule D) (478 627 32) (2 926 525 34 (2 522 238 67) (29 000 00 ) Less: Interdepartmental Transfers (Schedule D) 952 292 91 952 292 91 Balances subject to Reappropnation 30 665 52 Totals Balances forward (Schedule D (478 627 32) (i 806 232 56 (l 569 945 76) (Net) Special Fund ) 190 836 24) Petty Cash Funds Invested in Securities (McKinley Funds) 2 339 58 Bursar 25 000 00 Total Charges 6 600 453 61 Other Officers 4 000 00 Balance, Income Account, June 30,1923 (Schedule P) 206 028 43 Totals (29 000 00)