Repository: UIHistories Project: Board of Trustees Minutes - 1940 [PAGE 231]

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228

BOARD OF TRUSTEES

[February

n

of the University as stated above and of the Committee on Chicago Departments were approved and authorized, by the following vote: Aye, M r . Cleary, Mr. K a r r a k e r , M r . Mayer, D r . Meyer, M r . Moschel, M r s . Plumb, Mr. P o g u e ; no, n o n e ; absent, Mr. Adams, M r s . Freeman, Mr. H o r n e r , Mr. Wieland.

ADJUSTMENT IN BIENNIAL BUDGET FOR 1 9 3 9 1941

(19) After the Board meeting on January 14 the Comptroller made a careful review of the budget estimates and of the analysis of the University of Illinois Revolving Fund. It was found that an additional $60,094 of the educational budget could be allocated to that Fund, the adjustment being made between the estimated educational and non-educational operating expenses chargeable to that Fund but without affecting its total. This made it possible to reduce still further by $60,094 the total of that part of the operating budget to come from State tax funds. Thus the total reduction in the operating budget chargeable to State tax revenues as submitted to the State Department of Finance is $720,094 instead of $660,000. I request confirmation of these changes. T h e Secretary reported that these changes had been incorporated in the minutes of the J a n u a r y meeting. On motion of Mr. K a r r a k e r , these changes were approved and confirmed.

C O N F E R E N C E W I T H STATE OFFICIALS FOR THE BIENNIAL BUDGET FOR 1 9 3 9 - 1 9 4 1

(20) At the suggestion of Lieutenant-Governor John Stelle, Acting Governor of Illinois, representatives of the Board of Trustees and of the University met with him and Director S. L. Nudelman of the Department of Finance on February 8, for a discussion of the University's budget for 1939-1941. University representatives had previously discussed its budget with the Illinois Budgetary Commission and the Department of Finance, but this was the first opportunity to discuss it with the Governor directly. The Governor presented the financial situation of the State as a whole with respect to anticipated revenues and budgetary demands of all State agencies for the biennium of 1939-1941. University representatives then presented and discussed with him the budgetary needs of the University and particular attention was given to the need for a power and heating plant. The latter impressed the Governor as a necessary item, provided that funds can be found. At the conclusion of the conference the Governor asked that the budget be reviewed again by the Board of Trustees to see if any further reductions can be made. He stated that the Board would have to assume full responsibility for securing the passage of whatever budget is agreed upon, and suggested that the appropriation bill be introduced into both Houses of the General Assembly as soon as possible. President Mayer and M r . K a r r a k e r commented on their impressions of this conference. President W i l l a r d reported that he had reviewed the budget as requested by Acting Governor Stelle; that in his opinion the Board had already cut its askings to a point below the actual and urgent needs of the University, and that in view of these needs, no further reduction was possible. O n motion of Mr. Moschel, after careful consideration, the action of the Board in approving the budget on J a n u a r y 14, 1939, was unanimously reaffirmed.