UIHistories Project: A History of the University of Illinois by Kalev Leetaru
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Repository: UIHistories Project: Board of Trustees Minutes - 1936 [PAGE 655]

Caption: Board of Trustees Minutes - 1936
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652

BOARD OF TRUSTEES

[ M a y X]

Karraker, Mr. Mayer, Dr. Meyer, Mr. Wieland, Mr. Williams; no, none; absent, Mr. Horner, Mrs. Plumb, Mr. Pogue.

APPROPRIATION FOR TRAFFIC SIGNALS ON GREGORY DRIVE (13) T h e Physical Plant Department has been authorized to spend $600 to change the traffic signals on Gregory Drive to regular "stop and go" signals, the cost to be charged against the appropriation for the paving of Gregory Drive in which there was a balance sufficient for this purpose. Since this appropriation was for paving, I request confirmation of my action authorizing this expenditure.

On motion of Mr. Barr, this action of the President was confirmed.

APPROPRIATIONS FOR DEPARTMENT OF DAIRY HUSBANDRY (14) As reported to the Board on April 18, the Department of Dairy Husbandry requires additional appropriations from its revolving and surplus funds and from the General Reserve Fund to finance its operations during the balance of the present fiscal year. This situation is due to certain changes in the business policy of the Creamery which the Board authorized on November 27, 1935, as being in the public interests. The Creamery is operated on a revolving fund basis from which a certain amount of surplus is expected which is appropriated to the department to partly support its budget. T h e department budget, in addition to this appropriation, has certain income from its own operations exclusive of the Creamery, and a certain general appropriation from the University. T h e Creamery also has a working balance of $3,069 brought forward from last year. However, in an operation of this kind, the working balance should not be reduced below $1,000. On the department account the expenditures of the department will exceed the budget estimate by $5,400, due to increased cost of feed, milk, and labor. On the other hand, the department will have increased income of about $3,600 over the budget estimate. The department also has an unappropriated balance in surplus income from last year amounting to about $1,068. To finance the operations of the department the Dean of the College of Agriculture recommends the following assignments of funds: Accumulated balance of excess over estimated receipts of previous years $1 068 Excess over estimated departmental (other than Creamery) receipts of 193S-1936 3 600 Estimated Creamery surplus for 1935-1936 4 660 F r o m accumulated Creamery balance from previous years (total $3,069) 2 069 F r o m General Reserve Fund 1 028 $12 425 It should be noted that of this total $11,397 is already available, but subject to assignment by the Board, in funds resulting from the operations of the department and the Creamery, and that only $1,028 represents an assignment from general University funds. I recommend approval.

On motion of Mr. Williams, funds were allocated and appropriated as recommended by the following vote: Aye, Mr. Barr, Mr. Barrett, Mrs. Freeman, Mr. Karraker, Mr. Mayer, Dr. Meyer, Mr. Wieland, Mr. Williams; no, none; absent, Mr. Horner, Mrs. Plumb, Mr. Pogue.

APPROPRIATION FOR COOK COUNTY EXPERIMENT STATION (15) The Dean of the College of Agriculture reports that the income of the Cook County Experiment Station (realized from the sales of vegetable produce raised at the Station) will fail to equal the estimated receipts ($1,200) by about $600. He recommends that the accumulated balance of $309 from the operations of 1934-1935 be applied toward this deficiency in sales income and