Repository: UIHistories Project: Board of Trustees Minutes - 1958 [PAGE 514]

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1957]

UNIVERSITY OF ILLINOIS

5"

6 850 5 370 4 400

Assistant Professor Instructor; Research Associate Assistant

5 600 4 400 3 600

In the case of present staff, other than assistants, a part of the adjustment to the new minima is being deferred until the 1958-59 budget. I recommend that this budget, covering the allocation of the estimated operating income from all sources for the year beginning July 1, 1957, 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, (b) 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, provided that assignments for new projects or programs and for nonrecurring expenditures in excess of $2,500 shall be presented to the Board of Trustees for prior approval. President Livingston reported that members of the Board of T r u s tees, working as a Committee of the W h o l e at a meeting held on July 15, 1957, reviewed the budget in detail in consultation with the President, the Vice-President and Provost, and the Vice-President and Comptroller of the University, and that this Committee supports the budgetary recommendations with certain amendments which the Committee made on its initiative. President H e n r y reviewed the presentations he had made to the Committee of the Whole based on the "Condensed Analysis and S u m maries" submitted to the Board along with the detailed budget in advance of the meeting. Copies of all supporting documents are being filed with the Secretary of the Board for record. Following full discussion in which all of the Trustees present participated, on motion of Mr. Johnston, the budget was adopted, the schedule of minimum academic salaries was approved, the President of the University was authorized to take the actions specified above, and the necessary appropriations were made as recommended. This action was taken by the following vote: Aye, Mr. Bissell, M r s . Holt, M r . H u g h e s , Mr. Johnston, Mr. Livingston, Mr. Nickell, M r s . Watkins, M r . Williamson; no, none; absent, M r . Herrick, M r . Stratton, Mr. Swain.

INTERNAL BUDGET OF T H E ATHLETIC ASSOCIATION FOR 1 9 5 7 - 5 8

(2) The Director of Intercollegiate Athletics submits, on behalf of the Board of Directors of the Athletic Association, the budget for the Association for 1957-58 which is summarized as follows with comparative figures for the preceding year: Income Appropriations Excess of income over appropriations 1956-57 $1 083 650 1 074 691 $ 8 959 1957-5* $1 148 500 r 137 540 $ 10 960

The budget has been examined and approved by the Vice-President and Provost and the Vice-President and Comptroller. I recommend that this budget be approved and that the President of the University be authorized to make such changes and adjustments, including approval of new appointments and acceptance of resignations, as are necessary and recommended by the Board of Directors of the Athletic Association within the total income realized.