Repository: UIHistories Project: Board of Trustees Minutes - 1948 [PAGE 117]

EXTRACTED TEXT FROM PAGE:

1946]

UNIVERSITY OF ILLINOIS

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amount of transactions during the year 1045-1946 was $1,566,000. This means a tremendous volume of items which must first be paid by the University, itemized receipts taken, and submitted to the State Auditor for reimbursement. Such transactions could be completely avoided if the income of the University were in its own treasury, since it could handle emergency transactions directly from these funds. It would relieve the State Auditor's Office of considerable office expense. 3. The requirement that receipts of residence halls, farms, stores, and other services be paid into the State Treasury also makes a very difficult problem of estimating. These transactions represent largely the turnover of cash and do not represent to any material extent net income available for general educational operations of the University, yet they are a part of the grand total of the State appropriations. At the present time receipts of union buildings and residence halls are exempt from the requirement of deposit in the State Treasury, because they are covered by trust indentures; however, when these arrangements terminate, such receipts will have to go into the State Treasury and this change will involve many difficulties of operation. All receipts from the new Undergraduate Divisions in Chicago and Galesburg must go into the State Treasury. 4. The public gets the impression that the State of Illinois is appropriating the gross amount of the appropriations to the University out of its tax revenues. In spite of all publicity efforts to the contrary, it is difficult to inform the public that University income makes up, at the present time for example, $6,000,000 of the $25,000,000 appropriated to the University. The General Assembly should be requested to authorize a return to the former method of operation, thus making it possible for the University to retain all of its income in its treasury and make disbursements of that income from that point entirely instead of through the State Treasury. M r . M o r e y and M r . J a n a t a commented on this matter. O n m o t i o n of M r . W i l l i a m s o n , t h e P r e s i d e n t of t h e U n i v e r s i t y a n d t h e P r e s i d e n t of t h e B o a r d w e r e a u t h o r i z e d t o r e q u e s t t h e G e n e r a l A s s e m b l y to m a k e this change. REQUEST FROM PRESIDENT OF THE UNIVERSITY FOR LEAVE OF ABSENCE (3) I have been appointed one of the five voting delegates to the First Session of the General Conference of the United Nations Educational, Scientific, and Cultural Organization which will convene in Paris in November. This is a public service which I feel it is a duty to perform, but before the appointment was made I received informal permission from the Executive Committee of the Board of Trustees to accept. The conference will convene in Paris November 19 and the delegation will leave the United States between November 11 and 16. It is anticipated that this service will require my absence from the University for a period of about six weeks, and I am, therefore, requesting a leave of absence for that purpose. O n m o t i o n of M r . F o r n o f , t h i s l e a v e w a s g r a n t e d a s r e q u e s t e d , a n d the following resolution was a d o p t e d : Whereas, President George D. Stoddard has been selected as one of five voting delegates to the first General Conference of the United Nations Educational, Scientific, and Cultural Organization, to convene in Paris in November, 1046, which selection is a signal recognition of Dr. Stoddard's high attainments in the educational world, gives him further opportunity for great service, and reflects honor on the University of Illinois, be it Resolved, that the Board of Trustees hereby congratulates Dr. Stoddard on the honor that has come to him, and wishes him a happy and successful journey and a safe r e t u r n ; and be it further Resolved, that the Secretary be instructed to spread this resolution on the minutes and to provide Dr. Stoddard with a copy thereof.