Repository: UIHistories Project: Board of Trustees Minutes - 1988 [PAGE 76]

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66

BOARD O F T R U S T E E S

[September

11

Annual Operating Budget for Fiscal Year 1967

(5) The University budget for operations for the fiscal year beginning' July 1, 1986, is submitted herewith, including recommendations for: (a) academic and administrative appointments beginning August 21, 1986, at Urbana-Champaign and September 1, 1986, at Chicago; and (b) funds for the nonacademic personnel staff on a continuous basis. For purposes of determining payments for a fractional year of academic service, the academic year at the Chicago campus is defined as September 16 through June 15, and at the Urbana-Champaign campus as August 21 through May 20. The budget has been prepared by the vice president for academic affairs and the vice president for business and finance based upon recommendations of: (a) the chancellors, after consultation with their respective deans, directors, and other campus officers; and (b) the president of the University. The allocation of funds follows general policies and priorities developed by these reviews and was recommended by the University Planning Council. Submitted herewith are two budget documents: "Budget Summary for Operations, FY 1986-87," and "Academic Personnel, 1986-87." (Copies of these documents have been filed with the secretary of the board for record.) I recommend that this budget, covering the allocation of the estimated operating income from all sources for the year beginning July 1, 1986, be approved by the Board of Trustees; and that the president of the University be authorized, in accord with the needs of the University and the equitable interests involved, and within total income as it accrues: (a) to accept resignations; (b) to make such additional appointments as are necessary and to approve the issuance of notices of nonreappointment, subject to the provisions of the University of Illinois Statutes, General Rules Concerning University Organization and Procedure, and Policy and Rules — Nonacademic; and (c) to make such adjustments in items included in the budget as are needed, such adjustments to be covered in periodic reports to the Board of Trustees.

On motion of Mr. Howard, the budget was approved, and authority was given as recommended by the following vote: Aye, Mrs. Day, Mr. Forsyth, Mrs. Gravenhorst, Mr. Hahn, Mr. Howard, Mr. Logan, Mr. Madden, Mrs. Shepherd, Miss Smith; no, none; absent, Governor Thompson. (The student advisory vote was: Aye, Mr. Filip, Mr. Starkeson; no, none.)

Budget, Athletic Association, Fiscal Year 1987, Urbana

(6) The director of intercollegiate athletics has submitted, on behalf of the Board of Directors of the Athletic Association, the proposed budget for 1986-87, which is summarized as follows with comparable budget figures for the preceding year: Estimated income from Athletic Association activities Budget allocations Unallocated budget income 1985-86 $8 518 832 8 518 832 $ -01986-87 $9 534 496 9 534 496 -0-

The budget has been reviewed and approved by the chancellor at Urbana, and by the vice president for business and finance. I recommend that this budget be approved within the limits of funds available, and that the Board of Directors of the Athletic Association be authorized to make such changes and adjustments, including approval of new appointments and