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[3]

Part of Minutes of the University of Kentucky Board of Trustees

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President H. L. Donovan iAarch 31, 1947 Page Two Changes in the unappropriated general surplus during the period covered by the report are indicated in the following statement: Unappropriated Surplus, July 1, 1946 Additions: Estimated Income (excluding Plant allocation) Gain on liquidation of prior year encumbrances and receivables Insurance Claim adjustment Deductions: Department Appropriations Increases in reserves for inventories and work accounts Unappropriated Surplus, February 28, 1947 Consisting of balances to credit of - Division of Colleges Agricultural Experiment Station $ 546,691.35 $4,990,734.43 3, 485.91 875.00 4.995.095.34 $5, 541,786. 69 $4,908,207.94 131,899.76 5,040,107470 $ 501,678.99 $ 17,285i58 484, 393.41 $ 501, 678.99 Respectfully submitted, Frank D. Peterson Comptroller