Repository: UIHistories Project: Board of Trustees Minutes - 1974 Version B [PAGE 353]

EXTRACTED TEXT FROM PAGE:

1973]

UNIVERSITY OF ILLINOIS

345

The division of funds between General Revenue and University Income is subject to redistribution should a tuition increase be later considered and thereafter adopted by the Board of Trustees. Exclusive of retirement increases, the total request for new funds is $22,800,156, or 11.5 per cent of the FY 1974 base. The major components are: 1. Increased costs of operations $11 952 256 2. Health professions and crippled children expansion 6 947 900 3. Partial restoration of base institutional budget 3 900 000 Total increase $22 800 156 The President recommends approval of the budget request for FY 1975 as presented to the Illinois Board pi Higher Education and requests authority to submit the request to the appropriate offices of State government. Mr. Swain moved approval of the recommendation as presented. M r . H o w a r d moved to amend the recommendation to substitute the following language in paragraph 5 so that the words "be necessary in order to obtain the total requested budget" be deleted and that the words "be later considered and thereafter adopted by the Board of T r u s t e e s " be substituted therefor. Mr. Swain accepted the amendment* and the recommendation was approved by the following vote: Aye, M r . H a h n , Mr. H o w a r d , Mr. Hughes, Mr. Livingston, Mr. Neal, M r s . Rader, M r . Swain; no, Mr. Forsyth; absent, Dr. Bakalis, M r . Steger, Governor Walker. * ( I t was understood that similar modifications would be made in the supporting document related to this recommendation, such document to be submitted to the Board of Higher Education and other State offices. A copy of the document is filed with the Secretary of the Board.)

REQUEST FOR CAPITAL APPROPRIATIONS FOR FY 1 9 7 5

(5) The President of the University herewith submits the proposed request1 for capital appropriations for Fiscal Year 1975. The request has been prepared by the Vice President for Planning and Allocation, with the advice of the Vice President for Academic Development and Coordination and the University Planning Committee, and after appropriate review by the chancellors and the President. The request has also been reviewed and endorsed by the University Budget Committee. The submission date required by the Illinois Board of Higher Education (September 4, 1973) has necessitated the submission of preliminary requests prior to approval by the Board of Trustees. All such transmittals have been identified as "preliminary." The University's FY 1975 request for capital appropriations reflects three main types of needs: (a) funds to complete and equip buildings under development; (b) funds for the improvement of existing facilities; and (c) new building projects needed to meet the programs of the University. The total requests from State funds are $45,556,200, exclusive of reappropriations. It is anticipated that $44,918,800 can be funded from the Capital Development Bond Fund and $637,400 from the General Revenue Fund. The President recommends approval of the budget request for FY 1975 as presented to the Illinois Board of Higher Education and requests authority to submit the request to the appropriate offices of State government. O n motion of Mr. Swain, this recommendation was approved and authority was given as requested by the following vote: Aye, Mr. F o r syth, M r . H a h n , M r . Howard, Mr. Hughes, M r . Livingston, M r . Neal, M r s . Rader, Mr. Swain; no, none; absent, D r . Bakalis, Mr. Steger, Governor Walker.

1 The detailed request is filed with the Secretary of the Board. A summary by campus and budget category and a summary of the building" projects included in the request to be funded from State funds are printed below.