UIHistories Project: A History of the University of Illinois by Kalev Leetaru
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Repository: UIHistories Project: Board of Trustees Minutes - 1926 [PAGE 577]

Caption: Board of Trustees Minutes - 1926
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574

BOARD OF TRUSTEES

[April 14

Schedule B REALIZATION OF INCOME FOR OPERATIONS AS AT MARCH 31, 1 1 96 Budget Estimate Realized to Date Unrealized Balances (See Sch. F )

Stat* Funds From Mill Tax Fund $2 600 000 00 $2 037 448 13 $ 562 551 87 From General Revenue I 650 000 00 I 353 031 15 296 968 85 Totals, State (4 250 000 00) (3 390 479 28) (859 520 72) Federal Funds From U. S. Treasurer Smith-Lever Fund 228 495 98 228 495 98 Hatch-Adams Fund 30 000 00 22 500 00 7 500 00 Purnell Fund , 20 000 00 15 000 00 5 000 00 From State Treasurer Interest on Endowment Fund. 32 450 66 32 450 66 Morrill-Nelson Funds 50 000 00 50 000 00 From State Board of Vocational Education (Smith-Hughes) 15 000 00 15 000 00 Totals, Federal (375 946 64) (348 446 64) (27 500 00) Student Fees 700 000 00 721 236 56 21 236 56*1 Special Veterans* Bureau Contract 15 831 66 12 341 88 3 489 78 Sales Credited to Departments Agricultural 146 030 OO 107 359 29 38 670 71* Other Departments 27 173 93 27 173 93** Credited to Estimated Agricultural Sales. . . 104 700 00 . 80 621 23 24 078 77 Credited to General Income 70 000 00 50 780 51 19 219 49 Credited to Sale of Land 11 436 00 11 436 00 Totals, Sales, etc (332 166 00) (277 370 96) (54 795 04) McKinley Endowment 6 400 00 6 400 00 Donations for Athletic Research 8 320 00 8 320 00 Grand Totals $5 688 664 30 t>\ 764 595 32 $924 068 98 •Deduct income exceeds estimate. •Receipts of Revolving Funds Credited direct to appropriations, not carried on Balance Sheet.