Repository: UIHistories Project: Board of Trustees Minutes - 1982 [PAGE 586]

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1982]

UNIVERSITY OF ILLINOIS

575

under the Legislative Audit Commission's Guidelines and may be used to pay instructional and other program costs. T h e recommended decrease in the tuition component will be accompanied by an increase of a like amount in the present program charge paid by students, thereby increasing the funds available to meet program charges (costs of instruction at the foreign institution, director's travel and living expenses, supplies, etc.). This will significantly benefit the Colleges of Liberal Arts and Sciences which have been subsidizing these programs from other budgeted resources. Since this proposal only changes the proportions assigned to tuition and program components, the total cost to the student will not be affected. T h e chancellors at the Urbana-Champaign and Chicago Circle campuses recommend approval. The executive vice president concurs in this recommendation. I recommend approval. O n m o t i o n of M r . H a h n , this r e c o m m e n d a t i o n w a s a p p r o v e d .

Increase in SEAL Assessment, Urbana

(14) In 1970, "Students for Equal Access to Learning" (SEAL), an UrbanaChampaign campus group, proposed and the Board of Trustees approved in principle the establishment of a scholarship fund for needy classmates, to be funded through an assessment of $2 per semester per student. As finalized by board action in July 1972 the SEAL fund was authorized to continue so long as matching funds were provided through the Illinois State Scholarship Commission and so long as valid quadrennial student referenda supported the plan. (On April 7-8, 1982, a quadrennial student referendum supported the plan by a vote of 4,597 to 1,171.) Because of the severity of projected cuts in financial aid, students proposed in the recent Spring elections at the Urbana-Champaign campus to raise the SEAL assessment from $2 to $4 per semester per student. T h e proposition was passed by a vote of 2,999 to 2,801. The chancellor at the Urbana-Champaign campus has recommended that the increased assessment be approved. T h e executive vice president concurs. I recommend approval. O n m o t i o n of M r . H a h n , this r e c o m m e n d a t i o n w a s a p p r o v e d .

Increase in Business Affairs Imprest Funds, Medical Center and Chicago Circle

(15) The Board of Trustees has authorized the establishment of business affairs imprest funds at each of the campuses to meet the cash requirements necessary to provide a variety of campus services to University students and staff. These funds are utilized for advances to staff traveling on University business, for the establishment of small petty cash funds in departments, for payment of salaries which are due from University-held funds but which, because of payroll processing schedules, were not included on the regular payroll, for payment of student refunds and financial aid reimbursements, and for check cashing services to students and staff. T h e current imprest fund dollar limits were authorized by the board in February of 1979. T h e comptroller has periodically authorized temporary increases in these fund limits in order to maintain the services described. Based on a review of the campus services being rendered and several years of experience with the present fund levels, the comptroller has recommended an increase in the imprest funds at the Chicago Circle campus from $100,000 to $150,000; and at the Medical Center campus from $140,000 to $200,000. T h e source of funds for the business affairs imprest funds is campus institutional funds allocated for such purposes. I concur in this recommendation. O n m o t i o n of M r . H a h n , this r e c o m m e n d a t i o n w a s a p p r o v e d .