Repository: UIHistories Project: Board of Trustees Minutes - 1940 [PAGE 389]

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BOARD OF TRUSTEES ESTIMATED INCOME General Income 000 000 000) 451 000 318 $30 000 60 000 75 894 54i 755 38 461 (746 n o )

[July 21

Restricted Income

Educational and General Student Fees: Gross $1 369 34 Deduct: Estimated Refunds Net, Fees (1 335 Interest on U. S. Land Grant Fund (from the State). ..-_••; 32 Public Appropriations: Federal: Morrill-Nelson Acts 50 Bankhead-Jones Act (Teaching) 113 Hatch and Adams Acts Purnell Act Bankhead-Jones Act (Research) Smith-Hughes Act 19 Smith-Lever Acts (including BankheadJones Extension) Capper-Ketcham Act Total, Federal (183 State: One-half Biennial Appropriation for current expense from tax r e v e n u e s . . . 5 432 Total, Public Appropriations (5 615 Sales and Services of Educational Departments, and Miscellaneous Sources: Medicine 25 Dentistry 37 Agriculture All Other 77 Total, Sales, Services, and Miscellaneous Sources (140 Total, Educational and General (7 123 Auxiliary Enterprises and Activities

Total $1 369 000 34 000 (1 335 000) 32 45i 50 113 30 60 75 19 000 3i8 000 000 894 750

750

068) 500 568) 000 000 500 500 000) 019)

54i 755 38 461 (929 178)

5 432 500 (746 no) (6 361 678) 25 37 216 no 000 000 890 376

216 390 32 876

(249 266) (389 266) (995 376) (8 n 8 395) 150 000 150 ooo1

Endowment Income and Expendable Gift Funds Educational Purposes: Endowment Income Gifts Total. Non-Educational Purposes: Endowment Income Gifts Total Total, Endowment Income and Expendable Gift Funds Grand Total Estimated Income $J 123 019

5 850 234 270 (240 120) 21 700 7 600 (29 300)

5 850 234 270 (240 120) 21 700 7 600 (29 300)

(269 420) (269 420) $1 414 796 ?8 537 815

J Net after deducting estimated surplus included in general income for educational and genera purposes.