FCR



7



Office of the President
June 10, 1997



Members, Board of Trustees:


                          OPERATING BUDGET FOR 1997-98

Recommendation: that the 1997-98 Operating Budget as submitted, including the authorization
set forth in the letter of transmittal, be approved and ordered recorded as an integral part of the
University's financial system with the necessary fiscal control being exercised for the collection
and appropriation of income and for the expenditure of departmental appropriations in
accordance with authorized fiscal policies and procedures and accepted as a basis of maximum
expenditures for the year 1997-98.

Background: The 1997-98 Operating Budget of the University of Kentucky is presented for
approval by the Board of Trustees. Copies of the budget document have been made available to
the members of the Board.

















    .             j~~~~~~~~~~~~~~~~



A:  Disapproved



D Other



Action taken:



Approved