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ADOPTION OF 1962-1963 COLLEGE BUDGET

The Chancellor presented the proposed 1962-1963 budget for Mary Washington College which had
received the previous approval of the Finance Committee and the President at a meeting on 18 May
1962 and the Mary Washington College Committee at a meeting on 31 May 1962. Following a discussion,
Mr. Lewis and Mr. Blanton proposed and the Board adopted the following resolution

RESOLVED by the Board of Visitors of The Rector and Visitors of the University of Virginia
that the proposed 1962-1963 Mary Washington College Budget, which has previously been approved by
the Finance Committee and the Mary Washington College Committee, be and it is hereby approved