Repository: UIHistories Project: Board of Trustees Minutes - 1908 [PAGE 112]

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UNIVEESITY O F I L L I N O I S .

E E P O E T OF A U D I T COMPANY.

[March 21

Mr. L e h m a n , of t h e F i n a n c e C o m m i t t e e , p r e s e n t e d t h e A u d i t Comp a n y ' s r e p o r t a n d it was received for record.

T H E A U D I T COMPANY O F I L L I N O I S . CHICAGO, M A R C H 9, 1907.

Alexander McLean, Esq., Chairman of Finance Committee, Board of Trustees•> University of Illinois, TJrbana, Illinois. D E A R S I R — W e h a v e e x a m i n e d t h e b o o k s a n d a c c o u n t s of t h e c o m p t r o l l e r ' s office for t h e period J u l y 1 t o D e c e m b e r 31, 1906, a n d s u b m i t t h e following^ statement: Exhibit &—Showing t r i a l b a l a n c e a t beginning- of period, w i t h cash a n d w a r r a n t e n t r i e s d u r i n g t h e period, a n d t r i a l b a l a n c e a t end of period. Exhibit B—Showing c a s h r e c e i p t s a n d d i s b u r s e m e n t s , J u l y 1 t o December 31, 1906. Exhibit C—Reconcilement of chief clerk, cash b a l a n c e of December 31, 1906, d o w n t o F e b r u a r y 28, 1907, p . m. (end of audit.) Exhibit D—Reconcilement of b a l a n c e of H. A. H a u g a n , t r e a s u r e r . Exhibit E—List of vouchers s h o w i n g e r r o r s a n d ommissions. We verified t h e cash book b a l a n c e of December 31, 1906, b r i n g i n g same u p t o d a t e , c o u n t e d c a s h on h a n d , a n d found s a m e still in excess of book b a l a n c e . Owing t o t h e l a t e d a t e w e commenced t h i s a u d i t , w e found t h a t w e w o u l d n o t h a v e sufficient t i m e t o check t h e t i c k e t s of t h e r e g i s t r a r w i t h cash b o o k s of chief clerk for t h e semester b e g i n n i n g October 1, 1905. Y o u r s very t r u l y ,

C. W. K I N S E L Y , C. P . A.,

President.

E X H I B I T B—STATEMENT O F CASH R E C E I P T S AND DISBURSEMENTS JULY 1 TO DECEMBER 31, 1906.

Receipts. Disbursements.

Balance July 1, 1906— H . A. Haugan, Treasurer.. O. E. Staples, Chief Clerk. Students' d e p o s i t s . . Current Account— University fees. Locker fees Edward Snyder fund—Interest acc't. Edward Snyder fund Buildings and grounds L i g h t and heat Academy Agricultural College Departments Laboratory Library and apparatus Interest on land contracts Incidentals Soil examination receipts W a t e r survey receipts , Ceramic receipts.. F e e d i n g e x p e r i m e n t receipts Chicago cold storage U. S. Adams fund '.. Corn experiment receipts Dairy investigation receipts Agricultural e q u i p m e n t receipts Alumni Record School of Music Accountancy :........ Blueprinting F u r n i t u r e and fixtures ! 35,732 50 1,347 75 $ 37,080 25 424 211 5,748 55j 524 88 407 92 5,330 00 11,082 44 1,782 82 304 31 100 001 424 22 226 36I 528 19 750 00| 300 00 818 18 510 00 8,500 00 1,010 86 165 29 1,010 80 958 50 400 00 25 00 1,096 56 4 12

$218,829 32 13,332 15 $232,161 47 8,966 47