Repository: UIHistories Project: Board of Trustees Minutes - 1924 [PAGE 343]

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340

BOARD OF T R U S T E E S

[October 2 7 ,

October 12, 1923 To the Board of Trustees of the University of Illinois: I present herewith the Quarterly Report of the Comptroller as of September 30, 1923. The Report includes the following exhibits: Schedule A—Statement of the Reserve and Contingent Fund The Reserve and Contingent Fund consists of the estimated budget incomes of the University for thefiscalyear ending June 30, 1924, less appropriations made by the Board from this income to September 30, 1923. The unappropriated balance on that date, as shown by the Schedule, was $283,497.53. Schedule B — S u m m a r y of Receipts and Disbursements This statement exhibits the receipts and disbursements, for the three months ending September 30, 1923, of funds in the hands of the University Treasurer, and the disbursements from State Appropriations, including building appropriations. The total cash balance in the hands of the University Treasurer in all funds in his custody on September 30, 1923 was $758,026.49. An analysis of the receipts of the Treasurer appears in Schedule C, following: State appropriations made for the biennium ending June 30, 1923 must have been fully expended by September 30, 1923, or would have lapsed. All operating appropriations were expended prior to June 30, 1923. Building appropriations not fully expended by that date were closed by September 30, 1923. Schedules D to M inclusive—Statements of appropriations These statements show the condition of all appropriations made by the Board of Trustees for all purposes for the currentfiscalyear, including also building appropriations for the current biennium (Schedule M ) . Schedule N—Statement of Stores and Revolving Accounts Schedule 0—Statement of Trust Funds Schedule P—Balance Sheet This is a summary statement of the balances of all funds, including also the valuation of University property (at cost) and the amount of indebtedness and unpaid balances on property acquired, at September 30, 1923, consisting of: Bonds on Dental Property, Chicago, due July 1, 1932 $60,000 Unpaid balance on properties in College Place, Champaign, etc 66,650 $126,650 Due 1923-24 250 Due 1924-25 1,800 Due 1925-26 13,500 Due 1926-27 31,200 Due 1927-28 19,900 $66,650 Respectfully submitted, 3296 Lloyd Morey 028 4 3 129 961 6 Comptroller 6 SCHEDULE A 2 5OO OOO 0 0 STATEMENT OF RESERVE A N D CONTINGENT F3 402 4 UND 8 FOR T H E QUARTER ENDING SEPTEMBER 30, 1923 0 4 0 4 Crutits Free Balance of General Income at June 30, 1923 Unappropriated Balance 1923-24 Income, per Budget, page 240 Board Minutes, July 11, 1923 State Biennium Building Appropriations, 1923-25 Hospital Surplus June 30, 1923 transferred to General Income Old Warrants Cancelled Medical Physiology Overdraft June 30, transferred to 192J-24balance ToAppropriation in 1919-21 Medical Research Laboratory adjust Appropriations

171 58 $2 929 614 5^ 6 43