Repository: UIHistories Project: Board of Trustees Minutes - 1936 [PAGE 269]

EXTRACTED TEXT FROM PAGE:

1935]

UNIVERSITY OF ILLINOIS

267

Be it enacted by the People of the State of Illinois, represented in the General Assembly: Section 1. T h e sum of twenty thousand dollars ($20,000), or so much thereof as may be necessary, is appropriated to the University of Illinois for the biennium ending June 30, 1937, for the purpose of constructing buildings and maintaining the Agricultural Experimental Station in Cook County. Sec. 2. This appropriation is subject to the provisions of "An Act in relation to State finance," approved June 10, 1919, as amended. Approved June 29, 1935 HENRY„HORNER Governor Speaker, j 0 H N p . DEVINE House of Representatives

T H O M A S F. DONOVAN

President

of

the

Senate

President Williams read Governor H o r n e r ' s statement vetoing the appropriation for the addition to the Library. On motion of M r . Mayer, President Williams was requested to appoint a special c o m m i t t e e to d r a f t , w i t h t h e S e c r e t a r y , a letter to Governor H o r n e r conveying the position of the B o a r d on the veto of t h e s c h o l a r s h i p bill a n d t h e a p p r o p r i a t i o n f o r t h e a d d i t i o n t o t h e Library. President Williams appointed the following committee: M r . Mayer, Mr. Karraker, Mrs. Plumb, President Willard. BUDGET FOR 1935-36

(3) A recommendation that the following budget for salaries and wages and other expense for the academic year beginning September 1, 1935, be approved and that the President of the University be authorized to make such changes and adjustments as are needed, to make such additional appointments as are necessary, and to accept resignations offered, in accordance with the needs of the University and the equitable interests involved.

On motion of Mr. Karraker, the budget was approved as presented and authority was granted as recommended, by the following vote: Aye, Mr. Barrett. Mrs. Freeman, Mr. Karraker, Mr. Mayer, Dr. Meyer, Mrs. Plumb, Mr. Pogue, Mr. Wieland, Mr. Williams; no, none; absent, Mr. Barr, Mr. Horner. Summary Statement

The total budget for salaries and expense for 1935-36 as submitted herewith is $6,311,836 as compared with a budget of $5,745,819 for 1934-35 (page 270). These figures include the estimated income of the University from all sources and for all purposes during the year other than for capital additions. It includes the income from student fees, state appropriations, Federal grants, endowments, gifts for special purposes, receipts of residence halls, farms, and other activities. Funds included in the budget which are restricted as to use and must be applied only to the purposes for which they are designated amount to $900,285 (page 270). Funds which are available for allocation by the Board of Trustees and constitute the general income of the University for the period covered by the budget amount to $5411,551 (page 270) as compared with $4,004,451 for the preceding year. In explanation of this figure of general income it should be noted that the State appropriation for current expense for the biennium is $12,053,802, or $6,026,901 per year. These sums include $503,000 per year for residence halls and other self-supporting activities, leaving $5,523,901 for the general educational budget (see Minutes of meeting of April 27, 1935, page 174).