5



            University of Kentucky
            Current (General) Fund

 SUMMARY OF CHANGES IN UNAPPROPRIATED SURPLUS
FOR THE FOUR MONTH PERIOD ENDED OCTOBER 31, 1945



Unappropriated surplus, July 1,1945


Additions:
  Decrease in reserve for inventories
    and work accounts
  Net gain on clearance of prior year
    encumbrances & receivables


Deductions:
  Excess of departmental appropria-
    tions over estimated income:
    Departmental appropriations
    Less - Estimated income
    Estimated income (per
    original budget)    $3,226,577,
    Less - Allocation to
    plant funds          _   79.717.



              $539,088.54




  12,435.23
  2,346.37     14.781.60
               $553,870.14




$3, 201,839.74



86

92 3.1461859.94



54,979.80



Unappropriated surplus, October
   31, 1945



$498.890.34



     The Comptroller also submitted financial report of the opera-
tions off the University of Kentucky for the current year for the peri-
od ending October 31, 1945.   The report was examined and the analysis
made by the Comptroller was read.