Repository: UIHistories Project: Board of Trustees Minutes - 1974 [PAGE 66]

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56

BOARD OF TRUSTEES

[September 20

to fund salary increases, price increases, enrollment increases, and required new programs has resulted in substantial problems in funding salary budgets, in significantly reduced equipment budgets, in the deferral of maintenance, in the absorption of price increases, and now during FY 1973 in the use of virtually all balances in unrestricted accounts. In fact, the University is using all available balances in addition to funding over $3 million through the employment "freeze." The request for FY 1974 has been carefully calculated; it represents the fundamental needs of the University and support equal to our request is essential to prevent further serious program erosion. Preliminary FY 1974 Operating Budget Priority 1. 2. 3. 4. 5. Navtc Unfunded Salary Increases Increases in Enrollment a. Refunds b. Matching Loan Funds Salary Increases Operation of New Buildings New Programs —Virtuallv Required a. Medical Center b. Chicago Circle c. Urbana-Champaign Price Increases New Programs —Very Important a. Medical Center b. Chicago Circle c. Urbana-Champaign Restoration of Equipment Total Increase

B a s e = $196,575,469.

Amount , . . $ 1 864 566 5 552 206 220 400 66 000 8 027 285 448 738 S 671 789 941 2 511 000 200 000 683

^VBOSC* .9 2.8 .1 4.1 .2 3.8 1.3 .3 1.0

6. 7.

8.

200 000 193 550 189 850 1 890 000 $28 565 478 14.5%

1

AWARD OF CERTIFIED PUBLIC ACCOUNTANT CERTIFICATES

(3) The Committee on Accountancy, pursuant to Rule 16 (d) of the Regulations, recommended that the certificate of Certified Public Accountant be awarded to seven candidates who passed the standard written examination and who have fulfilled all other legal requirements under Sections 1, 2. and 3 of the Illinois Accountancy Act of 1943 as amended. The names of the candidates are filed with the Secretary. The Committee on Accountancy also recommended that the certificate of Certified Public Accountant be awarded to 417 candidates who passed the standard written examination given in May, 1972, and who have fulfilled all other legal requirements under Sections 1, 2, and 3 of the Illinois Accountancy Act of 1943 as amended. The names of the candidates are filed with the Secretary. The Committee on Accountancy recommended that the certificate of Certified Public Accountant be awarded, under Section 5 of the Illinois Accountancy Act of 1943, as amended, to eight candidates who have presented evidence that they are holders of valid and unrevoked Certified Public Accountant certificates obtained by passing a standard written examination in another state or territory of the United States and who qualify in all other respects under (his provision of the law. The names of the candidates are filed with the Secretary. I concur.

On motion of Mr. Forsyth, these certificates were awarded.

APPOINTMENT TO BOARD O F EXAMINERS IN ACCOUNTANCY

(4) The Committee on Accountancy recommends the appointment of William B. Davenport, a partner in the law firm of Jenner & Block, Chicago, as a member of