Repository: UIHistories Project: Board of Trustees Minutes - 1920 [PAGE 186]

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182

BOARD OF TRUSTEES

[November 23,

The enrollment at present is 335. I understand that some of these will he relieved from the service at their own request, and some will go to Texas. The list of employees of the S. M. A. is as given in the enclosed statement, marked I These people are all employed with the understanding that service may be discontinued at any time. However, they have been paid from month to month, and I think fairness requires that they get a month's notice, or be paid a month's salary, while still subject to call for duty during that month. Of course, if in the meantime they secure employment elsewhere, their pay would be for only that part of the month that had elapsed up to that date. I mentioned this matter to you last night, and, as 1 understand, it met your approval. Notice has been given accordingly. The financial statement at October 31st, as prepared by the Comptroller, shows that the total income on account of the School of Aeronautics, up to that date, was $212,338.32 on the instructional side; $99,676.57 from Mess Hall Number 1; and $95,221.89 from Mess Hall Number 2, making a grand total of $407,236.78. Expenditures on account of the School, apart from mess expenses, have aggregated $199,465.75; expenditures at Mess Hall Number 1 have been $87,544.88, and at Mess Hall Number 2 $76,068.05, making a grand total of $363,078.68. These figures in tabular form are given in the appended statement marked II. The detailed statement of income and expense at the two mess halls are given in papers III and IV attached. From the above, it will be seen that we have at the date mentioned a net surplus of nearly $44,000 on account of the School of Aeronautics. But there are certain charges that must be made against this before we know our true balance. For example, the University has lost the income from the rental of the Woman's Residence Hall for more than a year. Mr. Morey estimates this at $16,000. In addition, some allowance ought to be made for restoring the Woman's Residence Hall to the condition in which it was when it was turned over to the School. Perhaps an additional $1000 should be allowed for this. Still further, will be the expense of putting the Y. M. C. A. Building into condition to return to the Association. Other items will undoubtedly come up when we come to prepare our final statement of costs. Therefore the apparently large balance will be considerably reduced, and possibly wiped out; but it seems pretty evident, I think, that the University, financially, is in a safe condition in its relations to the School. There will have to be adjustments concerning the valuation and ownership of certain equipment that has been bought for and used by the School, but these are matters that will have to be taken up a little later. As the School is dissolved, I take the occasion to say that, on the whole, its personnel from the beginning has been excellent; the conduct of the men unexceptionable; and that the relations between the University and the officers of the School have been pleasant. Taking the year as a whole, there has been notably little friction and none at all for months past. The difficulties of the first weeks of the School's existence long ago disappeared, and I feel sure that many of the students, as well as many of the officers who leave us, do so with kindly feelings toward the University of Illinois. Very truly yours,

DAVID K I N LEY