University of Virginia Library

BUDGET FOR THE BIENNIUM

The President discussed in detail the biennial budgetary requests for operating expenses and
capital outlay, commenting on the changes made when these were incorporated into the Governor's
Budget. Expressing gratification over provision of funds for editing the James Madison papers
and other appropriations, the President also pointed out the crippling effect on work of fundamental
importance to the University in the deletion of certain capital outlays — such as the funds for
purchase of an atomic reactor — and the total omission of some operating funds — such as those
needed to fill positions temporarily vacant, including the chair of the Dean of the School of
Education, and to maintain the degree program in Nursing.

After further discussion the President stated, in response to a request from Mr. Gray, that
Mr. Shea would furnish the Visitors with a memorandum on the Budget.