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Caption: Board of Trustees Minutes - 1932
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1932] UNIVERSITY OF ILLINOIS 519 able out of the General Revenue Fund. The balance in the Mill Tax Fund at the end of the quarter, allowing for outstanding warrants, was $545,343. Of this amount $141,082 consists of a Cook County School Order and is not available for University expenditure. Uncollected taxes for 1929 and 1930 account {or the unrealized difference. Budget Expenditures Board appropriations to departments for the current fiscal year total $6,665,152, including salaries $4477,780, and expense and equipment $2,187,372. These were 46.1 percent expended at the end of the quarter, and 2.0 percent encumbered. (Included in Schedule E ) . O n the corresponding date a year ago these appropriations were 46.0 percent expended and 2.2 percent encumbered. Expendable Trust Funds Balances at the beginning of the year and receipts for the year on account of Expendable Trust and Special Funds arising from gifts and income from endowments totaled $261,945, disbursements were $122,375, encumbrances were $6,071, leaving an unencumbered balance at the end of the quarter of $133,499, per Schedule H , Endowment Funds Endowment funds from private gifts for special purposes (see Schedule G ) amounted, on December 31, 1931, to $371,717. Student Loan Funds Student loan funds from private gifts as of December 31, 1931 totaled $198,768, per Schedule A. Loans outstanding as of that date amounted to $186,334, leaving $12434 available for loaning. Itidebtedness on Property Outstanding indebtedness on University property at the end of the quarter consisted solely of 6 percent bonds totaling $48,400 on the Dental Building in Chicago, due in 1932 (Schedule A ) . Lloyd Morey Comptroller
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