Repository: UIHistories Project: Board of Trustees Minutes - 1962 [PAGE 649]

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646

BOARD OF TRUSTEES

[August 10

BUSINESS PRESENTED BY T H E PRESIDENT OF T H E UNIVERSITY T h e Board took u p consideration of the following reports and recommendations from the President of the University.

INTERNAL OPERATING BUDGET 1961-62

1) The University's internal operating budget for all divisions and funds for ife seal year beginning July 1, 1961, for academic and administrative appointments beginning September I, 1961, and for nonacademic personnel appointments beginning July 1, 1961, is submitted herewith. This budget has been prepared by the Vice-President and Provost and the Vice-President and Comptroller in accordance with policies recommended by the University Budget Committee and procedures approved by the President. It is based upon recommendations of deans directors, and other administrative officers and has been reviewed by the President I recommend that this budget, covering the allocation of the estimated operating income from all sources for the year beginning July 1, 1961, be approved ; and that the President of the University be authorized, in accordance with the needs of the University and the equitable interests involved and within total income, (a) to accept resignations, (S) to make such additional appointments as are necessary, subject to the provisions of the University Statutes and the Policy and Rules Relating to Compensation and Working Conditions of Nonacademic Employees, and (c) to make such changes and adjustments in items included in the budget as are needed, all such changes to be covered in the Vice-President and Comptroller's quarterly financial report, or in reports to the Board by its Secretary. The complete budget for all divisions of work with a condensed analysis and summaries was sent to the Trustees in advance of today's meeting. M r . Swain, Chairman of the Finance Committee, reported that the Committee held a called meeting in Urbana, Illinois, on Wednesday, A u g u s t 9, 1961, for the purpose of reviewing the budget in detail, in consultation with the President and other University officials, All members of the Committee were present at this meeting, and also Trustee; H o w a r d W . Clement, Irving Dilliard, Richard A , Harewood, Earl M, Hughes, H a r o l d Pogue, George T . Wilkins, and K e n n e y E. Williamson. all of whom participated with the Committee in the study of the budget. A t the conclusion of the meeting, the Committee voted to recommend approval of the budget as now submitted. Following the Committee's report, the President and the VicePresident and Provost discussed the budget as presented in the Condensed Analysis and Summaries, a copy of which was filed with the Secretary for record. A t the conclusion of the President's presentation, and following further discussion in which all members of the Board present participated, Mr. Swain moved that the budget be adopted, and that the President of the University be authorized to take the actions presented in his recommendations; and that the necessary appropriations be made as recommended in the detailed budget. This motion was approved by the following vote: Aye, Mr. Clement, Mr. Dilliard, Mr. Harewood, M r . Hughes, M r . Johnston, Mr, Pogue. Mr. Swain, M r s . W a t k i n s , M r , Wilkins, M r . Williamson; no, none; absent, Governor K e r n e r . T h e detailed hudget appears as an appendix to these minutes on page 697.

INTERNAL BUDGET OF T H E ATHLETIC ASSOCIATION FOR 196t-6*

(2) The Director of Intercollegiate Athletics submits, on behalf of the Boaw of Directors of the Athletic Association, the budget for the Association n >