Repository: UIHistories Project: Board of Trustees Minutes - 1914 [PAGE 691]

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1914]

PROCEEDINGS OF THE BOARD OF TRUSTEES.

689

equipment, in the agricultural buildings, or expenses incurred in altering other buildings for the use of the College of Agriculture, will be charged to agricultural funds. The form of the budget with reference to the agricultural funds follows the form already approved by the board and included in its main outlines,in the bill laid before the last General Assembly. It will be seen that the grand total of expense authorized for the year amounts to $3,211,767.54. Of this amount, $246,866.57 is on account of appropriations dating from" the previous biennium; and $100,500 is offset by estimated income from operation in the College of Agriculture and the Agricultural Experiment Station. This last item represents, of course, the "turnover" in the conduct of experimental departments which have a business side; such, for example, as the income from the dairy route, which is the sum total of money paid in to the Dairy Department from the sales of milk, cheese, butter, etc., used in the ordinary conduct of the teaching and scientific work of the department. To balance the total expenditures authorized for the year there will be a total income, including the balance from, last year, of $3,029,657.10. The difference, amounting to $182,110.44, represents approximately one-half of the expenditure for the purchase of land for the biennium; the balance being charged, as it should be, against the second year of the biennium.

BUDGET.

I. Federal 1. 2. 3. 4. 5.

Sources— Endowment fund Morrill fund Nelson fund Hatch fund . . Adams fund

A. INCOME. $32,400 25,000 25,000 15,000 15,000 00 00 00 00 00 $ 112,400 00 00 00 . 00 00 2,286,500 00 $100,500 1,000 1,880 4,000 3,950 $142,000 62,000 12,500 17,500 00 00 00 00 00 111,330 00 00 00 00 00 . 234,000 00 11,814 14 $142,551 98 104,314 59 26,746 39 273,612 96 $3,029,657 10

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Total federal sources II. State Appropriations from the Mill Tax Fund— 6. Operation, maintenance and equipment. . . .$1,600,000 7. Land, buildings and equipment.; 650,000 III. State Appropriations from the General Fund— 8. Water Survey 21,500 9. Miners' and Mechanics' Institutes •. 15,000 Total State appropriations IV* Departmental Sales—> 10. Agriculture 11. Blue printing 12. Engineering 13. Concerts 14. Miscellaneous V. Student 15. 16. 17. 18. Total departmental sales Fees— Urbana departments Medicine Dentistry Pharmacy

Total student fees VI. Accounts Receivable— 19. Miscellaneous VII. Balance July 1. 1913— 20. Buildings 21. Operation 22. Free balance Total balance Grand total B. EXPENDITURE.

ADMINISTRATIVE

DEPARTMENTS.

Office of the President. 1. Salaries 2. Expense

,

$19,650 00 3,500 00 $23,150 Ofr

Total, President's Office

Office of the Vice-President. 1. Salary of the vice-president (as vice-president*) 1,000 00 * Total salary of the Vice-President $7,000, the remaining $6,000 being appropriated under " Graduate School," as the salary of the Dean of that School.

*

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