Repository: UIHistories Project: Board of Trustees Minutes - 1928 [PAGE 260]

EXTRACTED TEXT FROM PAGE:

I927] Schedule C

UNIVERSITY OF ILLINOIS

257

CARTER-PENNELL F A R M S I M P R O V E M E N T S T O F E B R U A R Y 28. 1927 (To be prorated over life) TOTAL COST Date North South Years to 1026-27 Purchased Farm Farm which to be Amortizaprorated Hon Fencing 1924 #125 70 1924-38 £ 8 37 Lumber 1924 222 00 £222. 00 1924—43 22 20 Fencing 1924 23 50 19*4-43 2 35 Barn (Repair Addition) 1924 337 96 1924-44 16 91 Water System 1925 92 79 1925-49 3 7i Fencing 1925 46 11 1925-34 4 61 Poultry House 1925 37 70 1925-44 1 89 Paint • 1925 20 11 20 10 1925-29 8 04 Building Material and Roofing 1925 149 77 1925-34 14 98 Labor 1925 30 38 1925-34 3 04 Total (See Schedule A) . , , Building Material 1925 £1 274 72 £2 U9 64 (Schedule E) £16348 24 16 1925-34 2 38 Amortization Reserve to date (Schedule A) 161 33 107 07 1926-35 Roofing Material 1925 27 97 2 74 Balance Fencing February 28, 1927 (See Schedule A) , 1925 $1 112 00 £2 042 57 1926-35 12 19 60 63 7 27 Poultry House._. 1926 242 39 1926-45 12 14 Painting Material 1926 6 40 1926-30 I 28 Schedule D Remodelling House 1926 1 502 55 1926-51 30 10 CARTER-PENNELL 9 F85R M S A Brooder. 1926 1926-29 2 47 C O M P A R A T I V E 1926 OPERATING 70 T A T E M E N T 1926-36 Fencing and PostB. 151 S 13 66 Painting Barn Roof andFOR 4 CROP YEARS 1923, 1924, 1925, A N D 1926 Supplies 1926 34 73 1926-31 5 14 1923* IQ2438 I92S 1926 Wire, etc 1927 23 1927-31 Total (SeeSch.E) (4 Years) North Farm Income.. £1 677 68 $1 183 65 $ 890 71 £1 232 33 £4 984 37 Expense Seed 45 R5 60 18 64 59 15 06 185 68 Repairs 55 50 59 65 18 17 34 06 167 38 Insurance. 32 50 32 84 65 34 Limestone 19 16 27 85 47 01 Water 11 79 11 79 Miscellaneous 16 76 3 28 21 85 2 14 44 03 Topography Survey 27 32 27 32 Permanent Improvements 4 20 11 52 56 55 93 90 166 17 Total Expense (122 31) (161 95) (224 61) (205 85) (714 72) Net Income $1 555 37 $1 021 70 $ 666 10 $1 026 48 $4 269 65 South Farm Income $1 283 69 $1 m 89 #1 248 27 $l 312 88 £4 956 73 Net Income (Schedule A) $2 739 °9 $1 039 78 £1 755 49 $2 202 81 #8 737 *7 Expense •Based on actual records, the distribution 60 18 items of income and expenses between th of the 79 93 Seed 12 77 32 00 184 88 farms for 1923 was revised from the former 83 00 estimated division for17 66 as Bhown in the report 1923 Repairs 100 66 for 1925. Insurance. 29 25 29 25 58 50 Miscellaneous 76 5 82 6 58 Topography Survey 27 32 27 32 Permanent Improvements 4 20 5 55 32 04 69 48 ill 27 Total Expense (99 97) (93 81) (158 88) (136 SS) (489 21) Net Income #1 183 72 #1 018 08 #1 089 39 $1 176 33 $4 4&7 52 Both Farms Income 2 961 37 2 295 54 2 138 98 2 545 21 9 941 10 Expense 222 28 255 76 383 49 342 40 I 203 93