Repository: UIHistories Project: Board of Trustees Minutes - 1958 [PAGE 1242]

EXTRACTED TEXT FROM PAGE:

1958]

UNIVERSITY OF ILLINOIS

I239

only to members, employees, or other individuals designated by the sponsoring organizations, provided that the latter reimburse the University for at least the full, direct costs of conducting the classes. It is further recommended that all students enrolled in such courses shall be exempt from payment of the regular tuition and fees, and that the income from such contracts be retained in a revolving fund to cover the expenses of the courses. I concur.

On motion of Mr. Herrick, this recommendation was approved.

SPECIAL APPROPRIATIONS FOR NONRECURRING EXPENDITURES (0) The Committee on Nonrecurring Appropriations recommends assignments of funds from the General Reserve for the following purposes: 1. Department of Art, purchase and repair of equipment $ 2 000 2. University Library, acquisition of liooks and periodicals 20 000 3. School of Music, purchase of musical instruments 4 000 4. University High School, purchase of equipment I 655 5. Department of Physics, Chicago Undergraduate Division, remodeling of laboratory 5 000 $32 655 T h e Committee further recommends that assignments be made from the 1957-58 General Reserve to the extent funds are available and the balance from the 1958-59 General Reserve. I concur.

On motion of Mr. Johnston, these appropriations were made by the following vote: Aye, Mr. Bissell, Mr. Herrick, Mrs. Holt, Mr. Hughes, Mr. Johnston, Mr. Livingston, Mr. Nickell, Mr. Swain, Mrs. Watkins, Mr. Williamson; no, none; absent, Mr. Stratton.

SUPPLEMENTAL APPROPRIATIONS (10) Supplemental appropriations are needed for wages, expense, and equipment for the following departments: Library, Urbana $ 6 300 Physiology, Urbana 2 500 Admissions and Records, U r b a n a 16 600 Admissions and Records, Chicago Undergraduate Division 9 300 The Vice-President and Provost and the Vice-President and Comptroller have reviewed the requests for these additional funds, and recommend that they be appropriated from the University General Reserve. I concur.

On motion of Mr. Bissell, these appropriations were made by the following vote: Aye, Mr. Bissell, Mr. Herrick, Mrs. Holt, Mr. Hughes, Mr. Johnston, Mr. Livingston, Mr. Nickell, Mr. Swain, Mrs. Watkins, Mr, Williamson; no, none; absent, Mr. Stratton.

WORKING CAPITAL FOR STORES AND SERVICES FUND (11) An Act of the General Assembly of Illinois has transferred the Stores and Services Fund from the State Treasury to the University Treasury. W h e n this fund was established in the State Treasury, $1,500,000 was transferred from the University Income Fund to provide working capital. T h e present law provides for only $1,000,000 from this fund for working capital, but the "University is authorized to supplement this with other funds in the University Treasury. I recommend that the Vice-President and Comptroller be authorized to advance $500,000 of the funds in the University Treasury to provide working capital for the Stores and Services Fund, such amounts to be advanced at such times as they are needed.

On motion of Mr. Hughes, this assignment of funds was authorized by the following vote: Aye, Mr. Bissell, Mr. Herrick, Mrs. Holt, Mr.