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[2]

Part of Minutes of the University of Kentucky Board of Trustees

UNIVERSITY OF KENTUCKY LEXINGTON March 10, 1962 Dr. Frank G. Dickey, President University of Kentucky Lexington, Kentucky Dear Doctor Dickey: I am submitting herewith the Financial Report of the University of Kentucky for the eight months ended February 28, 1962. This report contains a balance sheet and related financial statements which present a complete financial picture for all funds of the University. The Current General Fund budgetary operations for the period reflect income realized for educational and general purposes in the amount of $ 17, 943, 770. 32 or 82. 4% of the budget estimate of $ 21, 764, 799. 93. The expenditures, including encumbrances outstanding amount to $ 14, 061, 763. 91. This represents 65. 4% of the total Current General Fund Appropriations of $ 21, 509, 315. 02. Respectfully submitted, Frank D. Peterson Vice President Business Administration