Repository: UIHistories Project: Board of Trustees Minutes - 1928 [PAGE 86]

EXTRACTED TEXT FROM PAGE:

1926]

UNIVERSITY OF ILLINOIS 300 1,000

83

175 $107,631 O n motion of Dr. Noble, these appropriations were m a d e by the following vote: Aye, M r . Armstrong, Mrs. Busey, M r s . Evans, Mrs. Grigsby, Mrs. Ickes, M r . Noble, M r . Trees, M r . W h a m ; no, none; absent, M r . Barr, M r . Blair, M r . Small. VISITING PROFESSORSHIP IN GERMAN (49) I request authority to appoint a visiting professor in German for one year from September 1, 1926, and to add his salary to the budget of the Department of German, this appointment to be made pending the selection of a new Head of the Department. O n motion of Mrs. Evans, this appointment was authorized. APPOINTMENT OF DR. HARDT (50) A statement concerning the appointment of Dr. Leo Hardt. This matter was referred to the President of the University with authority to act. THE NEXT LEGISLATIVE BUDGET (51) Following the practice of the past two or three biennial periods, I am calling your attention at the July meeting to certain considerations concerning the next biennial budget to be presented to the legislature, so that such suggestions as I have to make may be before you for your consideration during the two or three months beforefinalaction is necessary and so that if you think best you can, at the July meeting, pass upon such items, if any, as are determined on by you at that time. I would recall the fact that we have been following a definite building and operating policy for several years. The building policy has dealt only with buildings for the class and laboratory work of the University. The policy which we have been following has been directed toward the recovery of the University from the period of depression extending through, and for a time after, the war period and also preparation for the additional needs caused by the constantly growing enrollment and constantly growing demands upon the University for the solution of research problems of all kinds in the public interest. Thefinancialpolicy which we have followed towards these ends has involved the presentation of a University budget to the Governor and the legislature for a definite maximum sum of $10,500,000 through a series of biennial periods, presented in two parts—for operation and for capital, or physical expansbn. It is m y own opinion that this policy is sound and still workable. W e can look forward more intelligently now to what the future holds in store for us than we have been able to do in the past. Our operating budget shows more signs of approaching a condition of stability than it ever has before, although no operating budget, even of an educational institution, can ever be in a position of actual stability for more than a year or two. Yet in a general way it can attain such a condition. You have followed the policy, the only correct one for a public institution, of presenting a budget which gives due consideration not only to the needs of the institution, but also to the economic conditions of the State. W e have asked far what has been necessary and no more. The plan of thus far proven adequate each succeeding biennium as the situation demanded, has latter to our budget into and parts—operating and capital—transferring from the dividing the former at two

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