Repository: UIHistories Project: Board of Trustees Minutes - 1936 [PAGE 195]

EXTRACTED TEXT FROM PAGE:

1935]

UNIVERSITY OF ILLINOIS

SUMMARY OF PROPOSED BUDGET FOR THE B I E N N I U M 1935-1937

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$12 053 802 $ 350 000 50 000 Present 64 100 4 010 $ 4 174 $ 902 000 000 902 $

Total current expense budget Add: Capital appropriations: Library stacks Mining laboratory addition Total budget for biennium Funds: General Revenue F u n d : Interest on endowment fund Reappropriation of federal funds General appropriation Total Mill tax fund: Sales tax income Surplus in fund, June 30, 1935 Estimated old tax collections, 1935-1937 Total Total, State revenue funds University revolving fund appropriated Total 'Estimated; probable total, $2,765,316.

400 000 $12 453 802 Proposed 64 100 4 010 $ 4 174 902 000 000 902 000 900 000 900 802 000 802

% 3 800 000 $ 3 800 778 400 % 3 800 000 $ 4 978 $ 7 974 902 $ 9 153 $ 3 600 ooo 1 $ 3 300 ?n 574 902 ? i 2 453

On motion of Mr. Mayer, the Board voted to admit $400,000 as the estimate of the dependable income for the next biennium from delinquent taxes in the mill tax fund. On motion of Mr. Barrett, the capital items of $350,000 for additional library stacks and $50,000 for the Mining and Metallurgy laboratory addition were added to the budget. On motion of Mr. Mayer, $20,000 of the operating budget for 1935-1937 was allocated for the rehabilitation of the radio station. On motion of Mr. Barrett, Schedule B was adopted as the basis of the appropriations to be requested of the General Assembly for the next biennium.

ADJUSTMENTS IN RESTORATION OF SALARIES (2) T h e Board has proposed a partial restoration of the reductions in salaries made in 1933—the restoration of the second reduction of five per cent in the case of all salaries up to $3,000, and the restoration of one-half of the second reduction in the case of all salaries between $3,000 and $5,000. This will necessitate certain adjustments because of a number of border-line salaries which will be out of line with other salaries if the restorations are applied uniformly.

On motion of Mr. Barr, the following resolution was adopted: Resolved, that salary and wage reductions, effective July 1, 1933, be restored beginning July 1, 1935, to all persons now on the staff who were affected by these reductions or who have been appointed since that time, with the understanding that they would share in any restorations made, whose salaries are not now more than $3,000 per year or the equivalent on a full-time wage basis; And that one-half of the salary and wage reductions effective July 1, 1933, be restored to all persons receiving more than $3,000 but not as much as $5,000 or more, under the same conditions as above; Provided that no salary, when restored, shall exceed the restored