Finance Committee Report
October 15, 1973



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Members, Board of Trustees:



                ACCEPTANCE OF AUDITS FOR THE
              UNIVERSITY OF KENTUCKY FOR 1972-73

Recommendation: that the Board of Trustees accept the University of
Kentucky Summary Financial Report 1972-73, University of Kentucky
Detailed Financial Report June 30, 1973, University of Kentucky Housing
and Dining System Financial Report June 30, 1973, Purchasing Letter
1972-73, and Cash Reconciliation June 3 0, 1973.

Background: The Finance Committee of the University of Kentucky has
reviewed the audit reports and related statements submitted by the firm,
Coopers & Lybrand in conjunction with the administration of the University
of Kentucky. The Finance Committee presents these reports to the Board
for its acceptance.






(Note: The reports and related statements submitted by the firm,
        Coopers & Lybrand are not included as a part of the Minutes
        but are in the official files of the Board of Trustees. )



Action: Approved       X      Disapproved



Othe r



Date:    October 15



_, 1973