Repository: UIHistories Project: Board of Trustees Minutes - 1986 [PAGE 376]

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1985]

UNIVERSITY OF ILLINOIS

365

Submitted herewith are two budget documents: "Budget Summary for Operations, FY 1985-86," and "Academic Personnel, 1985-86." (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, 1985, 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 nonreappointments, 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. O n motion of Mr. Logan, the budget was approved, and authority was given as recommended by the following vote: Aye, Mrs. Day, Mr. Forsyth, Mrs. Gravenhorst, Mr. H a h n , Mr. Howard, Mr. Logan, Mrs. Shepherd, Miss Smith; no, none; absent, Mr. Madden, Governor T h o m p son. ( T h e student advisory vote was: Aye, Mr. Becker, Mr. L a m m ; no, none.) Budget for Fiscal Year 1986, Athletic Association, Urbana (3) The director of intercollegiate athletics has submitted, on behalf of the Board of Directors of the Athletic Association, the proposed budget for 1985-86, which is summarized as follows with comparable figures for the preceding year: 1984-85 1985-86 Estimated income from Athletic Association activities. . $7 905 175 $8 518 832 Budget allocations 7 890 390 8 518 832 Unallocated budget income $ 14 785 $ -0The budget has been reviewed and approved by the chancellor at UrbanaChampaign and by the vice president for business and finance. I recommend that this budget be approved within the limits of and not to exceed 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 acceptance of resignations, as are necessary within the total income and surplus of the association, provided that the assignment of funds for new projects and nonrecurring capital expenditures in excess of $50,000 shall be presented to the Board of Trustees for approval. O n motion of M r . Forsyth, this recommendation was approved and authority was given as recommended by the following vote: Aye, Mrs. Day, Mr. Forsyth, Mrs. Gravenhorst, Mr. H a h n , Mr. Howard, Mr. Logan, Mrs. Shepherd, Miss Smith; no, none; absent, M r . Madden, Governor Thompson. ( T h e student advisory vote was: Aye, Mr. Becker, Mr. L a m m ; no, none.) By consensus, the board agreed that one vote would be taken and considered the vote on each agenda item nos. 5 through 14 inclusive. T h e recommendations were individually discussed but acted upon at one time. ( T h e record of board action appears at the end of each item.)