University of Virginia Library

BUDGET FOR YEAR 1951-52

The budget for the University for the year 1951-52 was approved, with total revenues
estimated at $4,946,824 and estimated expenditures at $4,994,823. President Darden pointed out
that the budget covering operations for the fiscal year 1951-52 indicated a deficit of $47,999.
However, he stated there will be a balance of $48,207 which will accrue from operations during the
fiscal year 1950-51, and that this balance would be sufficient to cover the deficit. Thus operations
for the biennium will be within the revenues, provided, of course, that the war situation does
not upset our estimates as to enrollment.