University of Virginia Library

BIENNIAL BUDGET REQUEST FOR 1960-1962

President Shannon presented the University's biennial budget request for 1960-1962 that had
been presented to the Governor and the General Assembly. He pointed out that the request had
received the prior approval of the Finance Committee and now requested that the Board give its
approval. In addition, he informed the Board as to the meetings that had been held with the Governor's
Advisory Board on the Budget and the State Council of Higher Education.

The Board adopted the following resolution:

RESOLVED by the Board of Visitors of The Rector and Visitors of the University of Virginia
that the University's biennial budget request for 1960-1962, which has heretofore been reviewed by
and received the approval of the Finance Committee, is hereby approved.