 | Board of Visitors minutes June 11, 1954 |  |
UNIVERSITY BUDGET FOR 1954-1955
Mr. Vincent Shea, University Comptroller, appeared before the Board at the request of Mr. Mears,
Chairman of the Finance Committee, for a discussion of the University Budget for the fiscal year
1954-55, copies of which were laid before the Board.
Following a discussion that included special reference to salary increases, the proportions
and manner of exhibiting State and local funds, the Institute of Public Affairs, the Law Library,
and the status of Seward Forest, the Board resolved to approved and adopt the Budget. Total
revenues are estimated at $6,271,659, and expenditures at $6,170,332, leaving a surplus of
$101,327.
Mr. Mears, in discussing matters related to the budget, said that in view of the excellent
summary presented by Mr. Black as acting chairman at the March meeting, he would make no further
report for the Finance Committee
| Board of Visitors minutes June 11, 1954 | |