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Caption: Board of Trustees Minutes - 1940
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1938] UNIVERSITY OF ILLINOIS 131 The budget of capital expenditures was considered item by item. Director Havens made statements in support of the capital items. On motion of Dr. Meyer, Item 1, New Power Plant, $1,675,000, was approved. On motion of Mrs. Plumb, Item 2, Fire Protection and Improvements in Chemistry Building, $100,000, was approved. On motion of Mr. Moschel, Item 3, Addition to Chemistry Laboratories, $150,000, and Item 4, Agricultural Laboratories, $250,000, were approved. Mr. Adams, Mrs. Freeman, and Mrs. Plumb voted no. On motion of Mr. Moschel, Item 5, Fund for Financing Men's Dormitories, $250,000, was stricken from the budget. On motion of Mr. Cleary, Item 6, Equipment and Remodeling Chicago Departments, $150,000, was stricken from the budget. On motion of Mr. Adams, Item 7, General Improvements of Buildings and Campus, $200,000, was approved. The effect of these actions was to make the tabulation of the complete budget approved and adopted for transmittal to the State Department of Finance as follows: BUDGET OF STATE APPROPRIATIONS, 1939-1941 I. Expenditures: A. Operating Expense: 1. Educational 2. Non-educational Total, Operating Expense ? I 5 79^ 630 900 000 $16 696 630 $ 1 675 000 100 150 250 200 $ 2 375 $19 071 J 14 544 326 4 200 $19 071 000 000 000 000 000 630 996 634 000 630 B . Buildings: 1. New Power Plant 2. Fire Protection and Improvements in Chemistry Building 3. Addition to Chemistry Laboratories 4. Agricultural Laboratories 5. General Improvements of Buildings and Campus Total, Buildings Grand Total, Expenditures II. Sources of Funds: A. State Tax Revenues B. Federal Grants C. University Income and Revolving Fund Grand Total, Income The Board adjourned, to meet on call of the President. H. E. CUNNINGHAM O S C A R G. MAYER Secretary President
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