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[41] > Image [41] of Minutes of the University of Kentucky Board of Trustees, 1970-04-apr7.

Part of Minutes of the University of Kentucky Board of Trustees

Office of the President April 7, 1970 1-'I K) Members, Board of Trustees: INTERIM FINANCIAL REPORT Recommendation: that the financial report for the eight months ending February 28, 1970 be accepted, Background: The February 28, 1970 report reflects income of $70, 178, 906 for the period of the report; the income figure is 73. 3% of the annual income estimate of $95, 796, 774. The expenditure and commitments represent a total of $60, 142, 031 for this period of eight months, or 62. 8% of the expenditure authority of $95, 796, 774 approved by the Board. Action: Approved X Disapproved Othe r Date: April 7 'I , 1970