Repository: UIHistories Project: Board of Trustees Minutes - 1982 [PAGE 428]

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1981]

UNIVERSITY OF ILLINOIS

417

Mrs. Shepherd asked for the privilege of moving approval of the recommendation, emphasizing as she did so her strong support for the step being taken and her pride in the University of Illinois. During the roll call that followed, each trustee spoke briefly in support of the recommendation, indicating a general confidence in the decision being m a d e ; a need for the dedication of all concerned to make the new step a successful o n e ; appreciation to those involved in the course of the study of consolidation; and an emphasis on the far-reaching significance of the action for the University of Illinois. O n motion of Mrs. Shepherd, this recommendation was approved by the following vote: Aye, Mrs. Day, Dr. Donoghue, M r . Forsyth, Mr. H a h n , M r . Howard, M r . M a d d e n , M r . Neal, Mrs. Shepherd, M r . Stone; no, n o n e ; absent, Governor Thompson. ( T h e student advisory vote was: Aye, Mr. Bandala, Mr. Bettenhausen, Mr. Persons; no, none.) Budget of the Athletic Association of the University of Illinois at Urbana-Champaign for Fiscal Year 1982 (2) On October 30, 1981, the Board of Directors of the Athletic Association of the University of Illinois at Urbana-Champaign adopted a budget for 1981-1982, which is summarized as follows with comparable figures for the preceding year and the interim 1981-82 budget approved by the trustees on September 17, 1981. Sources of Budget Appropriations 1980-81 Estimated income from Athletic Association activities $4 392 440 Athletic Association reserve for equipment replacement 88 010 Athletic Association unappropriated surplus — Available for appropriation $4 480 450 Appropriations 4 459 803 Unappropriated budget income $ 20 647 Interim 1981-82 $5 180 282 46 370 Final 1981-82 $4 705 282 46 370 200 000 $4 951 652 4 951 652 -0-

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$5 226 652 5 226 652 -0-

The proposed budget includes $475,000 less income than the amount estimated in the interim budget as a result of sanctions imposed by the Intercollegiate Conference of Faculty Representatives (Big Ten) to withhold revenue from bowl games ($200,000) and football television ($275,000). The interim budget included a $200,000 appropriation to a contingency account to provide for sanctions. T h e contingency was established by reducing funds available for varsity sports programs — particularly football and men's basketball. Additional measures included in the proposed final budget to offset the additional impact of the sanctions are transfers from the Athletic Association Unappropriated Surplus ($200,000) and unassigned U I F Athletic Association Advancement funds ($75,000). The proposed final budget has been reviewed and approved by the chancellor at Urbana-Champaign and by the executive vice president. Therefore, 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