University of Virginia Library

BUDGET

Enrollment is estimated to decline from approximately 3,300 to 3,000 for the 1952-53
session.

Total revenues are estimated at $5,499,905 and expenditures at $5,485,456, leaving a
surplus of $14,449. We are carrying forward approximately $235,000 from this biennium representing
tuition and fees owed us by the Veterans Administration and the Department of Defense which
gives us an adequate reserve should our enrollment estimates be too high.

After discussion of various phases of the budget, a resolution was adopted approving the
budget as presented.