Repository: UIHistories Project: Board of Trustees Minutes - 1922 [PAGE 185]

EXTRACTED TEXT FROM PAGE:

BALANCE SHEET AS AT DECEMBER 31, 1920 ASSETS . Current University Treasurer General Fund U. S. Agr. Exp. Station Fund* U. S. Smith-Lever Fund Less: Disbursed for Stores Petty Cash Funds State Auditor Mill Tax Funds Salaries and Wages... Contingent Expense Travelling Expense Equipment Clinic Buildings. Office Expense Operating Repairs Biological Laboratories Due from Federal Board for Voc. Ed Due from State Board (Smith-Hughes). Current Receipts Fees Sales Due from U. S. Treasurer Due from State Treasurer Stores Inventory Accounts Receivable.. . _ Microscope Notes Receivable Accounts Receivable General Dairy Notes Receivable (Smith Farms) Reinvestment of Donated Funds, (McKinley Hospital) Total Current !. Trust Funds Cash Notes Investments., Stocks and Bonds 20 348 54 Savings Deposits 426 66 Treasury Bonds 6 800 00 i State Auditor (Endowment Fund from Land Grant Act of 1862) r. Securities donated for McKinley Hospital Land donated for Music Buildings, (unpaid Contracts) '. Plant and Property (July 1, 1920) Total •Overdraft. LIABILITIES AND SURPLUS 639 412 31 (2 567 30)* 18 272 65 655 117 66 283 980 12 767 100 8 41 238 11 128 46 2 690 000 758 226 576 246 145 759 563 65 00 85 24 19 43 24 51 70 371 137 54 13 700 00 1. Current Appropriation Balance Reserve for outstanding encumbrances Free balance in departmental appropriations Unappropriated Income Balances in Special Funds subject to reappropriation (Music Bldg. Certificate of indebtedness) Reserve for Accounts Receivable Total Current

1 306 340 71 1 003 782 48 2 310 123 19 103 855 22

21 000 00 19 904 87 2 454 883 28

1 354 966 81 4 555 Q7 16 711 9^ 226 953 20 120 748 42 16 225 32

190 974 41 35 978 79

202 285 11 77 764 01 3 931 00 16 071 30 3 833 57

283 980 12 19 904 87 5 000 00 21 000 00 2 454 883 28

76 572 34 76 572 34 38 397 87

2. Reserve for Trust Funds 3. Reserve for Endowment Fund

142 545 41 649 012 91 66 967 61 225 000 00 2 000 00 223 000 00

27 575 20

142 545 41 649 012 91 66 967 61 9 035 532 92 12 348 942 31

4. Reserve for Construction of buildings from donations 5. Bonds (Medical and Dental Properties) . . . Less Treasury Bonds

65 517 61 1 450 00

Mortgages Payable Surplus invested in fixed assets Total

7 000 00 8 805 532 92 9 035 532 92 12 348 942 13