Caption: Board of Trustees Minutes - 1938
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256 BOARD OF TRUSTEES MATTERS P R E S E N T E D BY PRESIDENT WILLARD [May 13 The Board considered the following matters presented by the President of the University. BIENNIAL BUDGET FOR 1 9 3 7 - 1 9 3 9 (i) The Board of Trustees at its meeting on May 3 voted to make a reduction of $1,250,000 in the University's budget for the biennium of 1937-1939, as originally approved by the Board on October 26, 1936, and submitted to the State Department of Finance on November I, 1936, and instructed the President of the University to recommend how this reduction should be made. After conferring with the University Council, which under the University Statutes advises the President in the preparation of annual and biennial budgets, the following distribution of the reductions is submitted for consideration by the Board. The Council and the President are still of the opinion t h a t these reductions, or any other reductions, will create difficult problems of administration, result in diminished educational service to the student body, and will damage the prestige of the University, but they are submitted in view of the instructions of the Board. PROPOSED CHANGES IN APPROPRIATION R E Q U E S T S From Tax Revenues Salaries and Wages Office Expense and Printing Travel Operation Repairs, Equipment, and Minor Improvements Sub-total Cook County Agricultural Experiment Station Interest on Endowment Fund Permanent Improvements Total Federal Grants Total Mill T a x and General Revenue Funds Revolving Fund Grand Total 1 Board a Authorized Requests1 $ 8 330 000 24.0 000 60 000 I 000 000 1 064 200 J i o 694 200 20 64 I 875 ?I2 654 295 000 902 000 102 530 Proposed Reductions $ 450 000 30 000 20 000 Revised Requests ?7 880 000 210 000 40 000 1 000 000 125 000 $ 625 000 $10 939 200 069 200 20 000 64 902 875 000 $1 500 000 1 000 000 *n 154 102 295 530 449 632 3 700 000 *I5 149 632 $12 949 632 3 450 000 $16 399 632 $1 500 000 - 250 ooo 2 $11 ?i 250 000 meeting, January 29, 1937. Addilion; Board meeting, March 29, 1937. R E V I S E D L I S T OF PROPOSED PERMANENT IMPROVEMENTS Addition to Library New Meat Laboratory and Remodeling Old Quarters Unit for Chemistry Equipment for Medical and Dental Laboratories Building Total 350 150 150 350 $1 000 $ 000 000 000 000 000 Professor Morey discussed the details of this revised budget. On motion of Mr. Moschel, the budget was approved, carrying a total amount to be requested from the General Assembly of $15,149,632, as itemized above, and the President of the University was authorized and instructed to secure the introduction into the General Assembly of appropriation bills for the University for the next biennium and to take charge of the matter from now on.
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