Repository: UIHistories Project: Board of Trustees Minutes - 1940 [PAGE 192]

EXTRACTED TEXT FROM PAGE:

1939]

UNIVERSITY OF ILLINOIS

TABLE II

189

SUMMARY OF APPROPRIATION B I L L

(With 1937-1939 appropriations and requested increases) Appropriations J 937-39 $ 7 880 000 210 000 40 000 I 000 000 Requested Increase $1 055 000 15 000 Requested for 1939-41 $ 8 935 000 225 000 40 000 1 100 000

Title of Appropriation: Salaries and Wages Office Expense Travel Operation 100 000 Repairs, Minor Improvements, and 1 085 000 Equipment 939 200 145 800 Permanent Improvements I 050 000 I 175 000 2 225 000 1 Cook County Experiment S t a t i o n . . . . 20 000 20 ooo Reappropriated Federal Funds 295 530 31 104 326 634 Interest on Endowment Fund 64 902 64 902 2 4 200 000 University Revolving Fund 3 950 ooo 250 000 Total $15 449 632 $2 751 904 $18 201 536 Sources: State Tax Revenues $11 204 102 $2 470 800 $13 674 902 Reappropriated Federal Grants 295 530 31 104 326 634 University Revolving Fund 3 950 ooo 2 250 000 4 200 000 Total J i 5 449 632 $2 751 904 ? i 8 201 536 'Decrease—deduct. includes 3250,000 emergency appropriation being requested.

TABLE III

D E T A I L OF PERMANENT IMPROVEMENTS

1. 2. 3. 4.

New Power and Heating Plant and Distribution System Fire protection and improvements in Chemistry Building Fund to serve as basis for financing Men's Dormitories General improvements Total, Permanent Improvements

$1 675 100 250 200 $2 225

000 000 000 000 000

President Willard recommended that the budget as modified above be approved and that the President of the University be authorized to secure the introduction of an appropriation bill for this purpose in the General Assembly and to take charge of this legislation. On motion of Mrs. Plumb, the Board reconsidered the action of October 24, 1938 (Minutes, page 131), striking from the budget the item of $250,000 for a Fund for Financing Men's Dormitories. The Comptroller called attention to the fact that in 1932, under stress of a shortage of funds in the State Treasury, and on request of the State administration, a balance of approximately $250,000 in the Residence Halls Fund, set up by the Board from the income from residence halls for the construction of new residence units, was transferred to the General Reserve Fund and used for the payment of salaries and wages of the University staff. This fund has never been reimbursed. On motion of Mrs. Plumb, the item of $250,000, for a Fund for Financing Men's Dormitories, was restored to the Permanent Improvements budget.