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Caption: Board of Trustees Minutes - 1896
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32 UNIVERSITY OF ILLINOIS. hibit E, presented by the Business Agent, shows estimates of income from all sources of $198,085.59, and estimated disbursements, predicated on the present basis of expenses, amounting to $205,235.37. The apparent deficit of $7,149.78 is caused by the increase in salaries, and additions to the corps of instructors, and will have to be provided for out of the future income. The Committee calls attention to this now so that the Board may be fully advised in the premises. The estimates are as follows: ESTIMATED RECEIPTS AND EXPENSES FOR THE TWELVE MONTHS ENDING SEPTEMBER 1, 1896. Receipts. Current balance September 1,1894 State appropriations September 1, 1894 State appropriations Laboratory Natural History, September 1,1894. United States fund, balance, September 1,1894 Interest from endowment, etc Interest from Treasurer Fees from students Farm rents $2,184 26 118,615 79 6,299 04 20,346 50 $147,445 59> $27,000 00 3,000 00 18,000 00 2,640 00 50,640 0O $198,085 59 Expenses. State Laboratory Natural History Assignments, Paper B, State appropriation Assignments, Paper C, United States fund Assignments, Paper A, sundries Board expenses Salary of President Salaries for instruction Salaries for services Buildings and grounds Fuel and lights Stationery, printing, and catalogue Departments Incidental expense account Laboratories Water supply Furniture and fixtures Heating apparatus repairs $6,299 04 81,653 96 346 50 2,700 87 $91,000 37 $1,200 00 7,000 00 82,660 00 9,075 00 3,000 00 5,000 00 2,000 00 1,000 00 800 00 1,000 00 500 00 500 00 500 00| 114,235 00 $205,235 37 Respectfully submitted, ALEX. MCLEAN, Chairman of Committee on Finance. T h e F i n a n c e C o m m i t t e e m a d e t h e following report, w h i c h w a s adopted: SPRINGFIELD, I I I , September 25, 1894. To the Board of Trustees of the University of GENTLEMEN: Illinois. Your Finance Committee reports that it has examined the statement of the expenses of the Agricultural Experiment Station for the year ending June 30, 1894, and find the same correct, amounting" in all to $15,000, as per vouchers on file. Your Committee also reports that it has examined the vouchers numbered 231 to 335, and finds the same correct. Respectfully submitted, ALEX V MCLEAN, Chairman Finance Committee.
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