Minutes of regular montE'y meeting of the Executive Com-
.iittee of the Board of Trustees, Univeraity of Kentucky, July
21, l 'as 6 .

     The Executive Committee of the Board of Trustees of the
University of Kentucky, met in the office of President McVey,
\"ednesday, July 21, 1926 at 11:30 a. in., with inembers present:
;.Lidge B. C. Stoll, Superintendent MoHenry Phoads, Senator H. M.
Froman, President F. L. McVey and D. H. Peak, acting secretary.
The mrinutes of the previous meeting, June 23, 1926, were qv'-proved
as published.

     1. Efnort of the Business Agent. The report of the Business
Agent was receivred and ozdeered incorporated in the minutes.



Statement of Income and Expenditures
         Month of June, 1026



                              Previously
                              Reported
General Fund Income
   Federal Appropriation       42,750.00
   Vocational Education Board   9,572.78
   Special Agricultural Appro. 17,089.96
   State Tax                  628,731.74
   Interest on Endowment Bonds 8,644.50
   Interest on Liberty Bonds    1,700.00
   Chemistry Bldg. Fund
   (Bingham Tax Int. Cers)    99,575.08
   Chemistry Bldg. Fund
   (Bingham Tax Int.)          2,405.53
   Student Fees                 86,499.96
   Student Fees -Veterans Bu.     189.20
   .Student Fees -Sutmmer-School 24,511.11
   Student Fees -Univ. H. S.    3,815.00
   Student Fees -Univ. Extent.. 26,212.97
   Miscellaneous                 9,284. 34
   Rentals                       6,343.93
        Total                 967,326.10
Expenditures
   Instruction                527,307.01
   Administration Expense     178,039.03
   Additions and Betterments   89%841.05
        Total                   53,7 11
   Excess of Income over Ex.    p2,138. 9
Cirls' Halls Income
   Board                        54,351.97
   Room Pent - Summer School    2 2,2"22.25
        Total                  j56 74.22



  Current
  Month


13,432.9E
12, 910. 04
48,879. 2E



EXHIBIT "B"

     Fiscal
     Year
     To Date

     42,;7s5.100
     23,005.77
     334,000.00
   677,611.00
     8,644.50
     1,700.00



             99,575.08

             2,405.53
  (172.67)  86,327.29
                189.20
   (36.00)  24,475.11
   25.00     3,840.00
1,076.58   27,289.55
2,195.54   11,479.88
    4.00     6,347.93
78X314.74 1.04=5 , 64784



52,866.79
31,493.73
18 L089 *64
102j.50.16
4,135.42)



1,728.27

1,728. 27



580,173.80
209,532.78
107 930) *69
14-8 Y.00 3 57

56,080.24
  2, 22 .2 5
  68, 30,3. t.9