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Caption: Board of Trustees Minutes - 1932
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1932] UNIVERSITY OF ILLINOIS 581 These were 69.5 percent expended at the end of the quarter, and 1.1 percent encumbered. (Included in Schedule E.) O n the corresponding date a year ago these appropriations were 70.4 percent expended and 1.6 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 $318420, disbursements were $189,121, encumbrances were $2,143, leaving an unencumbered balance at the end of the quarter of $127,156, per Schedule H. Endowment Funds Endowment funds from private gifts for special purposes (see Schedule G) amounted, on March 31, 1932, to $369,610. Student Loan Funds Student loan funds from private gifts as of March 31, 1932, totaled $203467, per Schedule A. Loans outstanding as of that date amounted to $191,573, leaving $11,894 available for loaning. Indebtedness on Property Outstanding indebtedness on University property at the end of the quarter consisted solely of 6 percent bonds totaling $48400 on the Dental Building in Chicago, due in 1932 (Schedule A ) . Lloyd Morey Comptroller Schedule A BALANCE SHEET AS A T M A R C H 31. 193i ASSETS I. General and Building Funds Cash with University Treasurer (Schedule C) gsli 461 041 Petty Cash Funds 30 745 "8 Balances in State Appropriation (Schedule C): For Operation (Schedule D) (Mill Tax) fl 872 782 84 For Buildings I 365 138 23 For Special Purposes 8 157 14 3 246 078 31 Notes Receivable 1 359 75 Accounts Receivable 38 702 18 Stores and Service Departments Inventories (Schedule F) 107 660 23 Unrealized Estimated Income (Schedule D): Smith-Lever, Hatch-Adams, Purnell, CapperKetcham, and Additional Cooperative Fund, U. S. Appropriations 22 500 00 State Board of Vocational Education (SmithHughes) 16 000 00 Fees 126 919 74 Agricultural Sales 46 877 53 Miscellaneous Sources 11 469 40 Creamery Surplus 12 ;oo 00 236 266 67 $ 4 172 274 06 II. Trust Funds Cash with University Treasurer (Schedule C) 140 484 92 Notes Receivable (Student Loans) 191 573 34 Prepaid Insurance 105 84 Investments: Stocks and Bonds 323 661 23 Land 46 550 00 37° 212 23 702 376 33 III. Land Grant Endowment Fund Endowment Fund (in possession of State Auditor) from Land Grant of 1862. 649 012 91 . IV. Plant and Assets (July 1, 193 0 Plant andProperty Total Properly tl* 9Q' 934 »7 27 378 271 57
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