Repository: UIHistories Project: Board of Trustees Minutes - 1934 [PAGE 8]

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BOARD OF TRUSTEES

[July 13

EXPENDABLE ENDOWMENT INCOME, G I F T S , AND OTHER TRUST F U N D S Summary T h e balances and receipts of the following trust funds are appropriated for the purposes of the respective funds with the provision that the expenditures shall not exceed the receipts and balances of the individual funds. The details as to individual funds and amounts are shown in the Summaries of Colleges and Schools. Expense and Salaries Equipment Total Colleges and Schools: Liberal Arts and Sciences $ 900 00 $ 8 905 00 $ 9 805 00 Commerce 380000 3 800 00 Engineering 4850000 S3 390 00 101 890 00 Agriculture 8 000 00 4 505 00 12 505 00 Fine and Applied Arts I 500 00 1 500 00 Physical E d u c a t i o n . . , 125 00 125 00 Medicine 11 280 00 11 280 00 General: Physical Plant 702 00 702 00 Scholarships, Fellowships, and Prizes 16 375 00 620 00 16 995 00 Miscellaneous 2 450 00 13 450 00 15 900 00 Total $80 025 00 $94 477 00 $174 502 00 THE SALARY BUDGET Explanatory Notes Unless otherwise indicated in the Budget: 1. All appointments begin September 1, 1932. 2. C.S. (Civil Service) appointments are for one year. Appointees to stenographic and clerical positions are assigned to departments at the convenience of the University. T h e University reserves the right to change such assignments during the year if the needs of the University and of the departments require such action. 3. Salaries of positions of the rank of Associate and above are paid in twelve equal monthly installments; salaries of other ranks, in ten equal monthly installments. 4. T h e service required in all positions in experiment stations and bureaus of research, and in research positions in other departments, is for a full year of twelve months, with allowance of one month for vacations, and salaries are paid in twelve equal monthly installments. 5. T h e service required in all other positions—administrative, clerical, and service positions—is for a full year of twelve months, with allowance for vacations, and salaries are paid in twelve equal monthly installments. Symbols A—Indefinite B—Two years from September 1, 1931 D—One year E—Ten months F—Special tenure G—Part t i m e ; the number following this symbol indicates the fraction of time in per cent.