Repository: UIHistories Project: Board of Trustees Minutes - 1920 [PAGE 585]

EXTRACTED TEXT FROM PAGE:

1919]

UNIVERSITY OF ILLINOIS

681

Harnack is engaged with me in the study of a problem of both pharmaceutical and chemical importance. Since the total amount available from the association research fund this year is only $240, I shall be glad to add the amount equal to the impend usually paid to University scholars. This offer is made with one provision, which has been set by the American Pharmaceutical Association, viz.—that the results of this investigation shall be published in the Journal of the American Pharmaceutical Association* and credit given to the Research Fund of the Association. Trusting that you will see fit to recommend the acceptance of this donation by the Board of Trustees and that they will concur with yoiij I remain, Very truly yours,

G E O . D. BEAL

Asst. Professor of Chemistry Approved: W. A. No YES The Acting President recommended the acceptance of this money for the purpose indicated and also that the appointee to this scholarship be given the privilege of holders of other scholarships in the matter of the remission of fees.

These recommendations were approved.

BUDGET (35) A statement from the Comptroller. October 2, 1919 President David Kinley, University of Illinois

M Y DEAR PRESIDENT KINLEY;

STATEMENT

I beg to enclose herewith summary statements of the University budget fot 1919-20 as at September 30, 1919, as follows: / . General Summary From this summary it will appear that after all appropriation made to date are allowed for, and on the basis of the estimated total available funds for the year, there is at the present date a balance for reserve and contingencies amounting to $131,5^7.93. This balance is subject to a charge of approximately $16,570.00, representing the deficit on account of the S. A. T. C. as referred to in a separate communication. II. Statement of Estimated Inco?ne for the Year 1919-20 Items under federal funds and state appropriations are definite actual sums which will be realized. Items under student fees and departmental sales are estimated. Items under departmental sales are believed to be accurate and any variatibh will not materially affect the total available revenue. Items under student fees are estimated in the most accurate manner possible, but are subject to a considerable variation on account of military and professional scholarships. At the present writing it appears that as a result of the large enrollment, the estimate here shown will be fully realized, even after allowing for such scholarships. However, it is impossible to say positively that this will be true. III, Summary of Appropriations as made to the various colleges, schools and departments as at September 30, 1919. The total amount of these appropriations is $3,836, 260.27. The total .of the original requests of the various departments for appropriations was $4,245,257.51. Respectfully submitted,

LLOYD MOREY

Comptroller