University of Virginia Library

BUDGET OF THE UNIVERSITY FOR 1940-41:

The President presented the budget of the University for the fiscal year and, following
his analyses of the estimated revenues and expenditures, was adopted. The budget carries a total
of estimated revenues from all sources, including State appropriation from the general fund,
$2,941,827, and estimated expenditures of $2,930,443.

On motion the meeting then adjourned.