Caption: Board of Trustees Minutes - 1982
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358 BOARD O F TRUSTEES [September 17 Requested ,in FY 1984 Requested in FY 1985 Total Project Name/Priority 6. Land Acquisition Southern Illinois Research Facility $ Agricultural-Veterinary Medicine at Urbana Land Subtotal $ 7. Swine Research Center Construction Equipment Project Subtotal 8. Southern Illinois Research Facility Construction Equipment Project Subtotal Total Cost Cost Requested in FY 1983 600 000 $ 600 000 300 000 300 000 (900 000) $ (900 000) $ 900 000 900 000 50 000 $ (950 000) $ (900 000)$ 50 000 (50 000) $ $ 850 50 (900 34 700 000 850 000 000 $ 50 000 000) $ (850 000) $ (50 000) 000 $7 400 000 $ 26 300 000 $1 000 000 Interim Budget of the Athletic Association of the University of Illinois at Urbana-Champaign for Fiscal Year 1982 (7) On July 24, 1981, the board of directors of the Athletic Association adopted a budget for 1981-82, which is summarized as follows with comparable figures for the preceding year: Sources of Budget Appropriations Estimated income from Athletic Association activities Athletic Association reserve for equipment replacement Available for appropriation Appropriations Unappropriated budget income 1980-81 $4 392 440 88 010 ^ 4 480 450 $ 4 459 803 20 647 1981-82 $5 180 282 46 370 $5 226 652 $ 5 226 652 0 Subsequent to the action of the association's board of directors, penalties were levied by the Intercollegiate Conference of Faculty Representatives (Big T e n ) . These included withholding of the University of Illinois' share of conference revenue from football television and football postseason games for the 1981 season. T h e direct effect of the sanction will be an income loss estimated at $475,000. T h e budget approved by the association includes a contingency of $200,000 to provide for sanctions. Therefore, the actual sanctions imposed result in a budget balance shortfall of $275,000. The chancellor at Urbana-Champaign has appointed a task force to consider alternative means for eliminating the shortfall, including expenditure reductions, analysis and review of projected revenues, and the possibility of new income sources. T h e task force assignment and review by the association's board of directors, the chancellor, and the president will be completed in October. A final 1981-82 Athletic Association budget will be presented to the Board of Trustees in November. T h e interim budget has been reviewed and approved by the chancellor and by the executive vice president. Therefore, I recommend that this interim budget be approved within the limits of and not to exceed funds available until November 19, 1981; and that the
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