UNIVERSITY OF KENTUCKY
LEXINGTON March 10, 1962
Dr. Frank G. Dickey, President
University of 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.
Frank D. Peterson