UIHistories Project: A History of the University of Illinois by Kalev Leetaru
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Repository: UIHistories Project: Board of Trustees Minutes - 1928 [PAGE 593]

Caption: Board of Trustees Minutes - 1928
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590

BOARD OF TRUSTEES

[April 12

Schedule B REALIZATION OF INCOME FOR OPERATIONS 1 2 - 8 TO MARCH 31. 1 2 972 98 Budget Estimate Realised to Datt Unrealiud Balance (S« Sek. D)

State Funds From Mill Tax $2 625 000 00 fi 589 579 81 $ 35 420 19 From General Revenue 1 87s 000 00 067 068 59 907 031 41 Total, State (4 500 000 00) (3 557 548 40) (942 451 60) Federal Funds From U. S. Treasurer Smith-Lever Fund 228 495 98 228 49s 98 Hatch-Adams Funds 30 000 00 22 500 00 7 500 00 Purnell Fund 40 000 00 30 000 00 10 000 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 for Vocational Education (Smith-Hughes) 17 000 00 17 000 00 Total, Federal (39794664) (36344664) (3450000) Student Fees Total 850 000 00 788 268 20 61 143 80 Grand $6 099 798 73 *4 994 654 80 tl 105 731 93 Sales Credited to Departments Agriculture 128 840 00 102 513 49 26 326 51' Other Departments 2 538 82 2 538 82*',' Credited to Estimated Agricultural Sales... 115 300 00 96 625 85 18 674 15 Credited to General Income 76 525 09 68 567 40 7 957 69 Credited to Estimated Income from Creamery Surplus 16 187 00 16 187 oo* Total, Sales, etc (33685209) (27024556) (6660653) Income from Patents 146 00 146 oo*1 Donations for Research 8 000 00 8 000 00 McKinley Endowment 7 000 00 7 000 00 •Deduct. xNo budget estimate set up. •Credited direct to revolving accounts, not carried as separate items on Balance Sheet. •Amount realized to March 31. 1928, $ n , 708.41; to be transferred June 30, 1928.