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[2] > Image [2] of Minutes of the University of Kentucky Board of Trustees, 1935-04-apr2.

Part of Minutes of the University of Kentucky Board of Trustees

2. the Parant Teachers AV3sociationo the meeting of Social Science Teachers, county school organizations, librarians, the Farm and Home Convention, Association of Kentucky Colleges, and other organ- izations. The financial support of the University was markedly changed by the action of the last legislature. I call your attention to the change because this important point is likely to have bearing on future provisions for the University. For some years the Uni- versity had received one-half of the inheritance tax and 6.7% of the general property tax. The funds from these taxes are now di- verted to the general fund of the State and the University receives a direct appropriation. Recently the statement was made by one of the senators that education was getting too much of the sales tax. In reality, it gets none of that tax except as it goes into the general fund of the State. In addition, it may be said that the specified appropriation merely took the place of the revenue allot- ted from the general property tax. In 1930-31 the University's general fund income from taxes was $1,137,000.00, the income for 1934-35 was 40%f less than that of 1930-31. The legislative appropriations provide $679,000.00.for general support, $9,000.00 for the Summer Session, $9,000.00 for repairs, $22,000 for the Public Service Laboratories, 850,000.00 for the support of the Experiment Station, $126,000.00 for Agri- cultural Extension, $15,000 for the Robinson substation and a sim- ilar sum for the Western Kentucky substation, and $2,500.00 for nursery inspection. The University is also maintained by student fees, the Fed- eral government appropriations and miscellaneous receipts. You will see when the budget is presented to you that the State provides 60% of the University's income, the Federal government 5%, halls and dining rooms 10%, student fees 23% and miscellaneous receipts 1%. The University income showed a very considerable reduction ix the year 1931-32 and it was found necessary to cut salaries 10%, and expenditures for repairs, materials and the like were ma- terially cut. Some repairs and expenditures for maintenance have been offset by labor furnished by the C. W. A. and some buildings have been painted and considerable work has been done on walks, roads and grading. However, we have not seen our way to purchase supplies, so that more of such labor could be used. What will hap- pen next year under the public works program, I have not beer. able to find out. The impression is that the states will be allotted certain sums of money to be spent under the direction of municipal- ities, counties and institutions, whether by granting loans or supervised labor, I do not know. We hlave placed before the State Planning Board, also the State Public Works Administration a list of buildings and expenditures for roads, walks and the like amount- ing to about $3,000,000. If: we received all the money requested we should be greatly embarrassed to maintain the buildings.