| |
| |
Caption: Board of Trustees Minutes - 1978
This is a reduced-resolution page image for fast online browsing.
EXTRACTED TEXT FROM PAGE:
46 BOARD OF TRUSTEES Mr. Neal indicated that the meeting had been called to discuss the operations and capital budget for fiscal year (FY) 1978 prior to Trustee action on the following day. At President Corbally's request, Dr. Brady summarized briefly the process by which the budget is formulated and some minor changes made in the version given to the Trustees in July. Several Trustees questioned the placing of the twenty-six unfunded capital projects from the FY 1977 budget in the first twenty-six positions in the FY 1978 capital priority listing. Special concern was expressed that the law school expansion at Urbana-Champaign and the Chicago Circle law school were being relegated to the background by this action. It was explained that the University commitment to the latter two projects is clear, but that the listing was intended to show the seriousness of the attempted override of the Governor's veto of those capital items. It was agreed that further discussions of these capital items would take place when the outcome of the override attempt, as well as Board of Higher Education budget recommendations, are known. It was also agreed that the listing of Incremental Operating Budget Continuing and Programmatic State Funds would be discussed further when more was known of Board of Higher Education, Bureau of the Budget, and legislative reaction to it. Considerable discussion took place concerning the Food for Century Three program, its financing, and its possible effect on other University projects. Mr. Howard suggested that the Food for Century Three program and the retirement funding request be made items separate from the operating and capital budget for purposes of Board action and transmission. There was general agreement to this. There being no further business, the meeting was adjourned. R. C. WICKLUND EARL L. NEAL Assistant Secretary President
| |
