Repository: UIHistories Project: Board of Trustees Minutes - 1956 [PAGE 278]

EXTRACTED TEXT FROM PAGE:

1955]

With Whom United States Navy N6ori-07i(i5) United States Navy N6ori-O7i (31) United States Navy N6ori-07i(5°) United States Navy N6ori-07i(S4) United States Navy Nonr-i 064(00) VioBin Corporation

UNIVERSITY OF ILLINOIS

Amount to be Paid to the University

$60

000

00 00 00 16 8 0 0 10 0 0 0

275

Effective Dale November 1, 1954 October 28, 1954 October 7, 1954 November I, 1954 October 8, 1954 January r, 1955

Purpose Direction finding techniques Behavior of the electronic states in properties of insulating solids Preparation and electrochemical study of noncorrodible anodes Plastic deformation of solids Factors influencing plant virus infections Value of wheat germ oil in physical

IO OOO OO 4

225

00 00

4 800

fitness programs

Adjustment Made in 1952-53 Cost-Pius Contract ( A d j u s t m e n t in project a u t h o r i z e d prior to J u l y 1, 1954) With Whom Purpose Amount Date Potter Electric Service Noyes Laboratory $ 2 220 241 February 3, 195s Adjustment Made in 1953-54 Cost-Plus Contract (Adjustment in project authorized prior to July 1, 1954) With Whom Purpose Amount Date Consulting Engineering Three items: #45.60 to #1200.00 $ 1 731 69 February, 1955 Service Adjustment Made in 1954-55 Cost-Pius Contract With Whom Purpose Amount Date Harry F. Fisher Twenty items: $61.30 deduct to $ 810 84 February, 1955 (Plastering) $394.00

This report was received for record.

BIENNIAL BUDGET 1 9 5 5 - 5 7 (39) President Morey presented the following report on the Governor's budget recommendations for the University of Illinois." Operating The Governor has recommended to the General Assembly an appropriation to the University for operations for 1955-57 totaling $82,607,600. Of this amount $72,777,600 is from the General Revenue Fund of the state and $9,830,000 is from the University's own income. (See Schedule A.) This represents an increase of $9,630,000, but is a reduction of $9,122,400 in the amount requested by the University. (See Schedule B.) The amount allowed, while only a little over half of the requested increase, is nevertheless a substantial addition and will materially improve the University's financial position. Money necessary to maintain the present level of operation and to activate new areas is provided in full and substantial funds are included to aid in meeting increased enrollment. The amount recommended for salary and wage increases is but half of the sum considered urgently necessary. While it will enable the University to improve its position, salary scales will still be below those of some other leading universities. It will handicap the University in meeting competition from other institutions and from industry, and in preventing the loss of valuable personnel who will be offered materially larger increases elsewhere. While the exact distribution of funds is left to the Board, it will be extremely difficult to find places where reductions of any substantial amount can be made without major changes in programs or reduction of activities. At the beginning of the current biennium it was necessary to find funds for increased operating costs to take care of a considerable increase in enrollment and to make moderate but necessary increases in salaries and wages. T o accomplish this, cuts totaling $I>575>000 per year were made at various points in the internal budget so that, while the amount available in the current biennium was more dollarwise, the effective total was less than for the preceding biennium. There will be further increases in enrollment next biennium for the estimated cost of which only three-fourths of the needed increase was allowed. No new funds for strengthening and developing the educational program are provided.

1

Deduct.