Repository: UIHistories Project: Board of Trustees Minutes - 1982 [PAGE 63]

EXTRACTED TEXT FROM PAGE:

52

BOARD OF TRUSTEES

[September 18

Budget of the Athletic Association of the University of Illinois at Urbana-Champaign for Fiscal Year 1981 (8) T h e director of intercollegiate athletics has submitted, on behalf of the Board of Directors of the Athletic Association, the budget for the association for 1980-81 which is summarized as follows with comparable figures for the preceding year: Sources of Budget Appropriations 1979-80 1980-81 Estimated income from Athletic Association activities. . $3 458 705 $4 392 440 Athletic Association reserve for equipment replacement 28 146 88 010 Athletic Association unappropriated balance 107 404 -0Available for appropriation Appropriations Unappropriated budget income $3 594 255 $4 480 450 $3 594 255 $4 459 803 $ 0 $ 20 647

T h e budget has been reviewed and approved by the chancellor at UrbanaChampaign and by the executive vice president. I recommend that this budget be approved 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: appointments to the positions of director, head football coach, head basketball coach, as well as the assignment of funds for new projects or nonrecurring capital expenditures in excess of $12,500, shall be presented to the Board of Trustees for approval. O n motion of M r . H a h n , this recommendation was approved, and authority was given as recommended by t h e following vote: Aye, Dr. Donoghue, M r . Forsyth, M r . H a h n , M r . Howard, M r . Lenz, M r . Neal, Mrs. Shepherd, M r . Stone, Mr. Velasquez; no, n o n e ; absent, Governor Thompson. ( T h e student advisory vote was: Aye, Mr. Maltese, Mr. Peterson, M r . Silverman; no, none.) By consensus, the board agreed that one vote would be taken and considered t h e vote on each agenda item nos. 9 through 23 inclusive. T h e recommendations were individually discussed but acted upon a t one time. ( T h e record of board action appears at the end of each item.) Appropriation by the Athletic Association — Huff Gymnasium Tennis Courts Resurfacing (9) T h e Board of Directors of the Athletic Association of the University of Illinois at Urbana-Champaign, in their meeting of July 26, 1980, approved in principle a proposal to provide one-half of the cost of resurfacing the Huff Gymnasium tennis courts. Since the estimated cost of the project was not then available, the Association Board of Directors authorized their executive committee to ratify and confirm the amount (when determined) to be appropriated from the Association's Reserve for Facilities Repair and Replacement. T h e total project costs have now been estimated at $54,000. T h e executive committee of the Association's Board of Directors have confirmed the assignment of one-half of the project costs or $27,000 from the Association's Reserve for Facilities Repair and Replacement. T h e chancellor at Urbana-Champaign recommends approval of this appropriation. T h e executive vice president concurs.