Repository: UIHistories Project: Board of Trustees Minutes - 1940 [PAGE 173]

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170

BOARD OF TRUSTEES

[December

17

II. Suggested by Stale Director of Finance, December 14, 1938 A. Operating Budget: 1. Educational $13 541 0561 $854 680 6.3 2. Non-educational. 858 576 41 424 4,8 Total,Operating $14 399 632 $896 104 6.2 B. Permanent Improvements 1 050 000 200 000 19.0 Total, Operating and Permanent Improvements $15449632 $1096104 7.1 Sources: General Revenue and

MillTax Reappropriated Federal Grants Revolving Fund1 Total $11204102 295 530 3 950 000 $15449632 $815000 31 104 250 000 $1096104 7.3 10.5 6.3 7.1

$14 395 736 900 OOP $15 295 736 1 250 ooo2 $16545736

$12019102 326 634 4 200 000 $16545736

includes $250,000 emergency appropriation being requested. s Assumes Federal grant of at least $600,000 to complete power plant; if this is not secured, Director agrees to support appropriation of $1,850,000.

President Mayer commented on the meeting with the State Department of Finance, and Professor Morey discussed the details of the budget. On motion of M r . Moschel, items 3 and 4 of the P e r m a n e n t Improvements budget (addition to Chemistry Laboratory, $150,000, and Agricultural Laboratory, $250,000) were eliminated; leaving a total of $1,975,000 to be requested for permanent improvements for the biennium 1939-1941. O n motion of Mr. Moschel, the operating budget for 1939-1941 was referred to the President of the University for review with the purpose of making as much reduction as it is possible to make. M r s . Plumb asked to be recorded as voting " N o " on this motion.

RELATION OF UNIVERSITY CLUB TO ILLINI U N I O N BUILDING

(2) At the meeting of the Board on November 29, a communication was presented from the University Club of Urbana calling attention to the problems which the Club will face in view of the services to be provided in the Illini Union Building for the faculty, and the services which the Club has been rendering the University during the period of its 30 years of existence. The Board has granted the Club a hearing on this matter, and I request that a committee representing the Club be given an opportunity at this time to present its proposals. This hearing was granted and Dean M. L. Enger, Provost A. J. H a r n o , and Professor A. B. Coble were introduced. Dean E n g e r made a statement concerning the financial situation of the Club, Professor M o r e y commented on the proposed budget, and Mr. Moschel reported on the condition and value of the Club property.