Repository: UIHistories Project: Board of Trustees Minutes - 1934 [PAGE 364]

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$62

BOARD OF TRUSTEES

[July io

"The gross amount of money received by the University of Illinois from whatever source, other than from endowment or trust funds and from Federal aid, belonging to or for the use of the State, including amounts derived from tuition, student fees, operation of dormitories, farms and stores, shall be paid into the State treasury without delay not later in any event than ten days after the receipt of same, without any reduction whatever and shall be covered into a special fund to be known as "University of Illinois Revolving Fund." The General Assembly shall from time to time make appropriations payable from the University of Illinois Revolving Fund for the support, operation and improvement of the University of Illinois. "Provided that the University of Illinois may retain a working cash fund of not more than $100,000 from which vouchers may be paid by it, which fund shall be reimbursed from time to time by the State Auditor by warrants against appropriations to the University of Illinois on the presentation of proper vouchers certified in the manner required for University of Illinois vouchers, with itemized receipted bills attached covering payments made from the working cash fund hereby created." The appropriations made to the University by the Legislature for the next biennium provide that there is appropriated to the University of Illinois for support, salaries, and wages, office expense, printing, operation, repair, equipment, and permanent improvements, until the expiration of the first fiscal quarter after the adjournment of the next General Assembly, the sum of one million eight hundred thousand dollars ($1,800,000) per annum payable from the University of Illinois Revolving Fund, not exceeding in amount the sum. collected by the University and transmitted to the State Treasurer and credited to the University of Illinois Revolving Fund as provided by law.

On motion of Mr. Armstrong, this report was received for record.

TREASURER'S BOND (26) A recommendation from the Comptroller that because the general income of the University in excess of $100,000 will be deposited in the State Treasury after July I, 1933, which will greatly reduce the amount of funds on deposit with the University Treasurer, the Treasurer's bond be reduced to $500,000. O n m o t i o n of M r . B a r r , t h i s r e c o m m e n d a t i o n w a s a d o p t e d . LABORATORY F E E S IN THE URBANA D E P A R T M E N T S (27) A recommendation that the following schedule of laboratory fees for the various courses offered in the Departments at Urbana and Champaign for the year beginning September I, 1933 be adopted.

LABORATORY F E E S FOR 1933-34—URBANA-CHAMPAICN DEPARTMENTS

Agricultural Engineering 1 $ Agricultural Engineering 3 Agricultural Engineering 20 Agricultural Engineering 21 Agricultural Engineering 28 Agricultural Engineering 51 Agronomy 25 Agronomy 28 Agronomy 31 Agronomy 32 Agronomy 33 Agronomy 34 Animal Husbandry 119 Art 24a Art 24b Art 26a Art 26b Art 27a Art 27b 'To be charged unless instructor work.

1 00 2 00 1 50 2 00 2 50 8 oo 1 2 00 3 00 2 50 2 00 4 00 2 00 5 00 300 300 3 00 300 5 00 500 certifies

Art 28a 3 00 Art 28b 3 00 Art 29a 5 00 Art 29b 5 00 Art 30a 3 00 Art 30b 3 00 Art 44a 3 00 Art 44b 3 00 Art 45a 5 00 Art 45b 5 00 Art 46a 3 00 Art 46b 3 00 Art 47a 5 00 Art 47b 500 Art 50 300 Art 51a . 3 00 Art 51b 300 Art 52a 3 00 Art 52b 300 student is not using materials in his testing