xt75x63b0684 https://exploreuk.uky.edu/dips/xt75x63b0684/data/mets.xml Lexington, Kentucky University of Kentucky 19640420 minutes English University of Kentucky Contact the Special Collections Research Center for information regarding rights and use of this collection. Minutes of the University of Kentucky Board of Trustees Minutes of the University of Kentucky Board of Trustees, 1964-04-mar20-ec. text Minutes of the University of Kentucky Board of Trustees, 1964-04-mar20-ec. 1964 2011 true xt75x63b0684 section xt75x63b0684
Minutes of the Meeting of the Executive Committee of the Board of
Trustees of the University of Kentucky, March 20, 1964.
The Executive Committee of the Board of Trustees of the University
of Kentucky met in the Board of Directors Room of the Alumni House on the campus
of the University at 1:00 p.m. , Eastern Standard Time, on Friday, March 20,
1964, with the following members present: Dr. Ralph Angelucci, chairman,
Judge James A. Sutherland, secretary, Mr. Robert Hillenneyer, Dr. H. B.
Murray, and Mr. Smith Broadbent. President John Oswald, Mr. Robert Ker-
ley, Dr. Robert D. Haun, representing the administrative staff of the University,
and members of the press were also present.
A. Meeting Opened
Dr. Angelucci, having determined that a quorum was present, called
the meeting to order at 1:00 p.m.
B. Minutes Approved
On motion by Mr. Hillenmeyer, seconded by Mr. Broadbent, and
duly carried, the Minutes of the February 21 meet'ing of the Executive Commit-
tee, and of the Special Meeting on February 27, 1964, were approved as pub-
lished.
C. President's Report to the Trustees
The chairman called upon Dr. Oswald for his Report to the Trustees,
copies of which were made available. Dr. Oswald commented on each item
contained in the report and the Trustees accepted the report with an expression
of appreciation for the many and varied activities being carried on by members
of the faculty and staff of the University.
D. Presentation of "Blue Report"
Dr. Oswald indicated that copies of the "Blue Report" had already
been mailed to members of the Executive Committee so that they might be
familiar with the important but routine matters contained therein. He recom-
mended that unless the members wished to raise specific questions, which he
would be glad to answer, that the report be accepted as a whole and made a part
of the official record of the meeting.
Mr. Hillenmeyer moved that the report be accepted and made a part
of the Minutes of the meeting. His motion was seconded by Mr. Broadbent and
carried.
2
RECOMMENDATIONS OF THE PRESIDENT
FINANCIAL REPORT
Recommendation: that the financial report covering the eight month period ended
February 29, 1964, be accepted as presented and made a part of the record of
the March 20, 1964, meeting of the Executive Committee of the Board of Trustees.
Background: The letter of transmittal from Mr. Clay Maupin is self-explanatory
and indicates that the University is operating on a sound financial basis.
UNIVERSITY OF KENTUCKY A
LEXINGTON March 5, 1964
Dr. John W. Oswald, President
University of Kentucky
Lexington
Kentucky
Dear Dr. Oswald:
Submitted herewith is the interim financial report of the University of Kentucky
for the fiscal period which began July 1, 1963 and ended February 29, 1964.
This report consists of a balance sheet for the five balanced fund groups and
supporting information concerning operation of the University.
The statement of General Fund income for the eight month period reflects that
88. O9c of anticipated income was realized. For the same period the General
Fund expenditures and encumbrances amounted to 66. 4% of the estimated
expenditures for the fiscal year 1963-64.
It is intended that this report will serve as a comprehensive and permanent
record of the financial operations of the University for the information and
reference of all interested persons.
Respectfully submitted,
Clay Maupin
Director of Accounting and
Budgetary Control
rt
University of Kentucky-
Balance Sheet
February 29, 1964
ASSETS
I Current Funds:
A. General-
Cash in Bank
Available Balance, State Appropriations
Cash on Deposit with State Treasurer
Inventories
Accounts Receivable ( Net ) - Hospital
Unrealized Income
Total General
B. Restricted-
Cash in Bank
Petty Cash Advances
Investments
Accounts Receivable ( Net ) Professional
Service Plans
Total Restricted
Total Current Funds
II Loan Funds:
Cash in Bank
Notes Receivable
Due from Federal Government
Investments
Due from- United Student Aid Fund
$ 777,453M09
4,603,512.03
3,337, 237.38
1,096, 128.71
933,845.43
3,426,578.74
$ 14, 174, 755. 38
$ 2,379,099.44
38, 225.61
4,164, 376.43
319,067.66
6, 900, 769. 14
$ 21,075,524.52
$ 29, 232.82
1,021, 258.21
661.34
186,500.00
1,000.00
Total Loan Funds
$ 1,238,652.37
-1-
University of Kentucky
Balance Sheet
February 29, 1964
LIABILITIES AND FUND BALANCES
I Current Funds:
A. General-
Reserve for Encumbrances
Reserve for Inventories
Appropriation Balances
Unappropriated Surplus:
Division of Colleges
Medical Center
Agricultural Experiment Station
$ 293,998.32
532,996.74
32, 936. 42
Total General
B. Restricted-
Outstanding Check Liability
Reserve for Accounts Receivable
Restricted Fund Balances
$ 14, 174, 755. 38
$ 18,754.41
319,067.66
6, 562,947.07
Total Res-ricted
Total Current Funds
Loan Funds:
Principal Balan ces-
National Defense Education Act, 1958:
Federal Government $
Univers ity
Accum. Interest Income NDEA
Total National Defense
Education Act
Principal $
University Student Loan Funds
University Special Student Loan
Funds
United Student Aid Loan Fund
Expendable Balances
6, 900, 769. 14
$ 21, 075, 524.52
861, 799. 22
95, 755. 45
5, 908. 59
963, 463. 26
214, 244. 55
44, 122. 97
1, 000. 00
$ 1,222,830.78
15, 821.59
Total Loan Funds $ 1, 238 652.37
, "..
$ 2, 154,
1, 096,
10, 064,
283.43
128. 71
411.76
859, 91. 48
University of KentucKy
Balance Sheet
February 29, 1964
ASSETS
III Endowment Funds:
Cash in Bank
Cash on Deposit with Trustee
Investments
$ 24, 492. 95
32. 97
329, 985. 37
Total Endowment Funds
IV. Plant Funds-..
A. Unexpended Plant Funds-
Cash on Deposit with State
Treasurer
Available Balance, State
Appropriations
Investments
$ 2,524,840.87
2,714,982.74
5, 706, 536. 56
Total Unexpended
Plant Funds
B. Retirement of Indebtedness Funds-
Cash in Bank- Due State Treasurer
Cash on Deposit with State
Treasurer
Cash on Deposit with Trustees
Investments
Unrealized Income
Total Retirement of
Indebtedness Funds
C. Invested in Plant-
Land
Buildings
Equipment
Construction in Progress
$ 10, 946, 360. 17
$ 11, 385, 00
533, 758. 91
604,295.67
1, 282, 556. 88
42,850.80
2, 474, 847.26
$ 3,989,744.96
73, 350, 532. 00
18, 297, 326. 00
11, 27 7, 549. 44
Total Invested in Plant
Total Plant Funds
V. Agency Funds:
Cash in Bank
Investments
106,915, 152.40
$ 522.92
12, 199. 77
Total Aency Funds
$120, 336, 350. 83
$ 12,722.69
$ 354,511.2-9
University of Kentucky
Balance Sheet
February 29, 1964
LIABILITIES AND FUND BALANCES
III Endowment Funds:
Principal Balances
Expendable Balances
$ 339,209.46
15,301.83
Total Endowment Funds
$ 354,511.29
IV Plant Funds:
A. Unexpended Plant Funds-
Reserve for Encumbrances
Appropriation Balances
$ 5,098,791.20
5, 847,568.97
Total Unexpended Plant
Funds
B. Retirement of Indebtedness Funds -
Fund Balances $ 2, 474, 847. 26
Tota.l Retirement of
Indebtedness Funds
C. Invested in Plant-
Bonds Payable
Due to Other Governmental
Units
Net Investment in Plant
Total Invested in
Plant
Total Plant Funds
V. Agency Funds:
Agency Fund Balances
$ 10, 946,360. 17
2, 474, 847. 26
$ 31, 390,500. 00
886,036.00
'74, 638, 616. 40
106, 915, 152.40
$ 12, 722. 69
Total Agency Funds
$ 120, 336, 359. 83
$ 12,722.69
-.4 -
Universitv of Kentucky
Statement of GeneraI Fund Income
For the Current Fiscal Period Which Began
July 1, 1963 and Ended February 29, 1964
Educational and General:
A. Student Fees-
Incidental Fees and Tuition
Training School Fees
Evening Class Fees
Extension Class Fees
Home Study Fees
Total Student Fees
B. State Appropriations -
Division of Colleges
Medical Center
Geological Projects
Agricultural Experiment Station
Agricultural Extension Service
Total State Appropriations
C. Federal Grants -
Division of Colleges
Agricultural Experiment Station
Agricultural Extension Service
Total Federal Grants
D. Endowment Income-
E. Sales and Services of Educational
Departments -
Division of Colleges
Agricultural Experiment Station
Total Sales and Services of
Educational Departments
Total Educational and
General
Service Enterprises:
Post Office
III University Hospital:
Total General Fund Income
GENERAL FUND
INCOME
Estimated Realized Unrealized
$ 2. 184,499.00 $ 1, 957, 739. 42 $ 226,759.58
17, 1)00.00 13, 124. 00 3, 976. 00
51, 000. 00 57, 842. 75 ( 6, 842. 75)
30, 800. 00 24, 466.65 6, 333. 35
73,600.00 34, 938.05 38, 661. 95
$ 2, 356, 999. 00 $ 2,088, 110. 87 $ 268, 888. 13
$ 10, 258, 000.00 $ 9,480,980.00 $ 777,020.00
7,050,000.00 5,530,000.00 1,520,000.00
640,000.00 604,750.00 35,250.00
1, 425,000.00 1, 317, 627.00 107,373.00
1, 615,000. 00 1, 493, 393. 00 121, 607. 00
$20, 988,000.00 $ 18, 426, 750. 00 $ 2, 561, 250. 00
$ 303,07i1,00 $ 260,452.05 $ 42,618.95
1,02?,054.00 851,138.00 176,916.00
2, 278, 44 44.' 1,811,139.47 467,305.00
t3? 609, 5t 9. +4, $ 2, 922, 729. 52 $ 686, 839. 95
$ -to,00.00 UO j6 6 2. 35 $ 1, 237. 65
$ 31,500.00 $ 61,123.44 $ ( 29, 623. 44)
700,000.O0 536,502.80 163,497.20
$ ' 31, 50 0,00 $ 597, 626. 24 $ 133, 873.76
$ 2, 26,068. 47 $ 24,073, 978. 98 $ 3, 652,089. 49
$ 3,500.00 $ 5,837.09 $ ( 337Q9)1
- _8238,-2`0.00 $ 1,063,443.66 $ ( 225, 173. 66)
$8, -69, 338a 47 $25, 143 259.73 $ 3, 426, 578.74
1. Realized in Excess of Estimate
*,5-,
University of Kentu ky
Statement of Current Ge!:eral Fu~i:c Expenditures
For the Current Fiscal Period Which Began
July 1, 1963 aP-,d Ended February 29, 1964
Encumbrances
I. Educational and General:
A. General Administrative
Offices -
B. General Expense -
Student Services
Staff Welfare
General Institutional
Services
Total General
Expense
C. Instruction and
Departmental Research
College of-
Agr. and Home Ec.
Arts and Sciences
Commerce
Dentistry
Education
Engineering
Law
Medicine
Nursing
Pharmacy
Graduate School
Extended Programs
House Staff
Total Instruction and
Departmental
Research
D. Activities Relating to
Educational
Departments -
E. Organized Research--
University Research
Agricultural Experimer
Station
Total Organized
Research
Unencumbered
Appropria-ion Expengditu-res Outstanding Balance
$ 548, l52. 83 $ 253, 071. 22 $ 9, 031. 30 $ 286, 050. 31
$ 632, 679. 36 $ 415, 6 12.3 3 $ 7, 332. 89 $ 209, 733. 84
360, 000.00 196, 124. 42 163, 875.58
726, 679.64 515, 305. 12 45, 984. 37 165, 390. 15
$ 1,719, 359. 00 $ 1, 127, 042. 17 $ 53, 317. 26 $ 538, 999. 57
$ 575, 120. 26 $ 355, 336. 31 $ 12, 707. 81 $ 207,076.14
3, 607, 266.49 2, 197, 340. 30 89, 775.03 1l 320, 151. 16
394,401.3? 245, 635.30 3,933.53 144, 832.54
515,037.99 314, 140.65, 10,936.48 189, 960. 86
816, 0 9 993 489, 9V4. 02 14,982.32 311,113.59
914, 8'70. 91 551, 090. 19 34,190.41 329,590.31
200, 266.64 12$, 75, 6C0 2, 076. 99 72,431.05
2,664,738.69 1, 6 12, 79. 17 5,119,16 1,026,840.36
256, 870. 20 lY ^', 0( 9. 'f6 1, 196. 43 98,594.01
17?'7, 2 21 . 75 100, i89 66 8, 021. 83 68, 710. '6
39, 220. 00 'A, 1 '. 9'7 481, 95 14,096.02
825, '2.82 3;.7 ; X t)e Ri 1, 1,2562. 14 340,965.8S5
222, 525. 25 143, 283. 92 79, 241. 33
$11,208,_9 3 30 $ 6, 790, 4. C. $ 214, 6S0. 0 $ 4, 20,', 03.54
$ 76, 015t.00J 414, 0,59. $ 4,48S.00 $ 467. 23
$ 366, 06 0 4$ 22, 51 9 27 $ 5 2g, 5 1 2, 7 6 $ 91,595, 81
it
3, 283, 054. 00 1I 0 98 ` 092. 60 '06,. 524, 63 1, 248, 435. 7'7
$ 3,649, '60, 84$ 2, 0)50, 6915/ $ 259, 037. 39 $ 1,340, 031. 58
University of Kentucky
Statement of Current General Furd Expenditures
For the Current Fiscal Period Which Begai
July 1, 1963 and Ended February 29, 1964
Encumbrances
F. Extension and Public
Services -
Univ. Ext. and Public
Services
Agr. Extension ServicE
Total Extension and
Public Services
G. Libraries-
H. Operation and Maintenaw
of Physical Plant -
Total Educational and
General
11 Service Enterprises:
Post Office
Medical Center
Total Service
Enterprises
III University Hospital:
IV Student Aid:
V Working Capital
VI Clearing Accounts:
VII Debt Service- Bonds Retired:
VIII Debt Service-Reserve:
Total Departmental
Appropriations
1. Deficit 2. Negative Figure
Unencumbered
Appropriation Expenditures Outstanding Balance
$ 1, 151, 708. 34$ 480,666.14 $ 479, 974.08 $ 191,068.12
3,893,479.47 2,565,423. 30 21,756.00 1, 306,300. 17
$ 5,045,187.81$ 3,046,089.44 $ 501,730.08 $ 1,497,368. 29
$ 832,072.49$ 551, 498.00 $ 23,215.27 $ 257,359.22
Lce
$ 2,740 ,589. 00$ 1, 650, 147?. 32 $ 330,153.45 $ 760,288.23
$25,820,069.27 $15,513,248.47 $ 1,395,652.83 $ 8,911,167.97
$ 50,626.00 $ 29,502.21 $ 265.60 $ 20,858.19
103, 336.51 74, 375.62 12, 161.18 16, 799.71
$ 153,962.51 $ 10', 877.83 $ 12,426.78 $ 37,657.90
$ 3,487,454.00$ 2,027,044.3'7 $ 319,617.04 $ 1, 140,792.59
$ 13,800.00 $ 6, 160.00 $ $ 7,340.00
$ 90, 000. 00 $ 9 , 48. 71 251,549.91 $ ( 63, 901. 21)
$ 69,505.04$ 25,907.35 $ 12,243.18 $ 31,354. 51
$ 229,000.00$ 229,000.00 $ $
$ 130,440.62$ 130, 440,62' $ ,__
F29g 994,231 44$ 17,938,329.94 $ 1,991,489. 74 $ 10,064,411. '76
1
University of Kentucky
Statement of Plant Fund Expenditures
For the Current Fispal Period Which Began
July 1, 1963 and Ended February 29, 1964
Construction of Buildings A
Consol. Edfw. Bldg. Bond
Proceeds-Chemistry and
Physics Building $
Women's Dorm Architectural
Senrices
Consol. Educ. Bldg. Bond'
Proceeds- M. King Library I
Addition to Student Union Bldg. 1
Cmommerc&e Building 2, 2
Elizabethtown Extension Center
Addition to College of Law
Med. Sch. Plans and Specif.
Medical Science Building
Medical Center Hospital Outpatient
Clinic
Medical Center Landscaping
Medical School Dental Wing
Agricultural Research Center 2
Feltner 4-H Camp
Agricultural Research Center
Audi' rium
Swine Farrowing and Testing Station
Horticultural Shed
Beef Seviwce Facilities
Office and Service Building-
Quicksa'id
Swine Farr-rowing Barn- Coldstream
Sheep--Bar:.n Colds-,ream
Agr. Research Cen.ter- 4 Greenhouses
and Hleadhause
Delta Gamma Sorority 2
Pre-s - -urg Community College 1, 0
Somerset Community College
Hazard-Blackey Community
College
Hopkinsville Community College
Sigma Alpla Epsilon 1
Zeta Beta Tau
Sigma Nu Fraternity House 1
UK College of Engineering
Add-tion Coillege of Education 2, 8
Parkinig Area Clifton Avenue
New Do-rm Complex
Phi Kappa Tau Fraternity
UK Med. Center Laundry Building
G'raLi and Feed Storage
)ropriations Expenditurps
52, 032. 10 $
2, 785. 94
56, 974. 11
123, 444.53
207,;999. 89
13, 248. 56
11, 153, 00
722. 30
19,527.33
80, 181.34
4, 728. 01
589.78
30, 782.40
26, 061. 07
25, 109.00
17, 800. 00
941.57
2, 493. 01
4,513. 46
593. 00
201. 01
88,
25,
53,
26,
7 33.4-'
459. 55
288. 61
200, 00
1, 000. 00
1, 000. 00
92, 172. 00
42. 00
94, 774. 00
5, 765. 00
54,539.75
8, 411. 25
84, 002. 50
10, 125. 00
1.00
93, 800G 00
Encumbrances
Outstandinz
Unencumbered
Balance
$ 49,252.08 $ 2,780.02
2, 785. 94
4, 874. 59
35, 102. 36
55, 186.53
88. 85
2,683.79
52, 764.08
8,763.80
16, 201.95
1,500.00
588.79
260.02
4, 160. 15
108,462.53
393. 43
2,493. 01
820. 90
593. 00
201. 01
78,377. 42
155, 833.35
310, 327. 35
25, 498. 81
41,019.55
5, -60. 87
310, 7123. 90
3,068. 78
3,525.50
8,923. 24
24, 896. 88
661, 273.15
1,000.00
149, 415. 73
35,578.09
2, 144,049.56
2,953.39)
9, 653.00
133.51
19,527.33
79, 921. 32
567. 86
589. 78
122, 231.02
26,061.07
25,109.00
17,800.00
548. 14
le 7. 06
1,432. 81
44, 729. 32
81,688.11
25, 200. 00
1, 000. 00
1,000.00
161, 148.36 5,524.83
42.00
149,269.41 4,48 ,.04
4. 13
898, 375.07 1,645,440.78
8,411.25
79,988.76 944.96
10,125.00
1.00
93,800.00
1. Def i . I
University of Kentucky
Statement of Plant Fund Expenditures
For the Current Fiscal Period Which Began
July 1, 1963 and Ended February 29, 1964
Const-ruction of Buildings
Appropriations Expenditures
Encumbrances
Outstanding
Unencumbered
Balance
Tobacco Barns-Ag. Engineering $
Horse Nutrition Barn
Bull Test Shed Quicksand
Dean of Ag. Residence
Small Beef Shed
Pathology Barn 14 Stalls
Horticulture Bldg. -South Farm
Swine Headquarters Building
Decorating Consul'ihog- Student
Union Building
University Entrance Main Campus
Dairy Center
Total Construction of
Buildings
10, 000. 00
36, 000. 00
10, 000. 00
1, 090. 00
6, 000. 00
22, 000.00
20, 000. 00
30, 000. 00
1, 672.56
37. 00
$ 457. 62
$ 515.16 $
1, 090. 00
58,000.00
9, 027. 22
36, 000. 00
10, 000.00
6,000.00
( 36,000.00) 1
20,000.00
30,000.00
1, 672. 56
37. 00
228,995.05 104, 530.27 121,630.36 2, 834.42
8, 186, 990. 15 $ 1, 140, 900. 10 $ 2, 413, 184.08 $ 4, 632,905. 97
Renovation and Improvements of
Buildings
Repairs to Coldstream $
HortIcultural Greenhouse
Coidstream Beef Barn
Convert Sheep Building-
Pesticide Building
Repair and Remodel Buildings-
Colds 'raan
Agr. Eng-r. Building
Ren~ovratio:on of House-Quicksand
Pence and Kastle Halls
Tile Roof Deok Fu;nkhouser Bldg.
Isolation Barr
Repair A nimal Pathlology Barn
Repa'-r Roof and Barn-- Dairy
Repairs to Memorial Coliseum
Renovation of Adm. Building
Med'.-il Center Cli.nical Laboratory
Storage Building Ag. Engineering
Remodel Ag. Exp. Station Building
Reyniolds Warehouse-Roof Repair
StDorge Shead, Poultry
Me,'al Storage Seed Swine Area
Replaceynert Stied Pathology
Plastic Gre-r-lbouses
Repair Bar.1s Nutlrition
31, 314.76
249.33
1, 208.54
865.73
1, 402. 12
2, 140. 86
2, 28 0.4
14, 975. 00
28.00
7, 211. 77
3, 184.59
2, 169. 20
1, 750. 00
72, 342. 84
13, 000.00
8,000. "O
3, 800. 00
15, 322. 84
7, 500. 00
8,000.00
7, S00. 00
7, 800. CO
1, 000. 00
$
7,013.84 $
1, 820.93
$ 24,300.92
249.333
( 612. 39) 1
865. 73
766. 72
13, 463. 14
945. 26
600. 00
620. 95
1, 600.00
69, 198. 00
15,000. 00
1, 201.23
3, 745. 68
1, 356. 94
121. 48
625. 40
2, 140. 86
2, 280.54
1,511.86
c8. 00
5,666.51
3, 184. 59
1,548. 25
150. 00
3, 144. 84
13, 000. 00
8, 000. 00
3, 800.00
322. 84
7, 500. 00
8,000.00
2,553.09
6, 443. 06
878. 52
1. Def i. L t
..9 -
University of Kentucky
Statement of Plant Fund Expenditures
For the Curre-nt Fiscal Period WMhich Began
July 1, 1963 and Ended February 29, 1964
Renovatlion .nd Improvement
of Buildings ( continued )
Appropriations Expenditures
Encumbrances
Outstanding
Unencumbered
Balance
Total Renovation and Improvement
$ 213,046.12 $
13, 356. 14 $ 104, 963. 76 $ 94, 726. 22
Acquisition of Equipment
Medical Science Activation of
Inventories $
Northern Extension Center-Equip.
Northwest Extension Center-Equip.
Soutb-east Extension Center-Equip.
Med. Sch. Lib. Acq. and Supplies
Medical Center Hospital-Outpatient
Clinic Movable Equipment
Medical Science Building-Equipment
Medical Science Building- Act.
of Inventories
Chemistry Physics Building-
Chemistrv Department Equipment
Chemistry- Physics Building-
Physics Depar;;ment Equip.
Margaret King Library Equipment
Hospit'al Equipment Accounts
University Hospital Patient Care-
Activation In-ventorv
Dental Sc-ie7nce B&ilding- Equip.
Rare Bcok Roo-m Equip.
Vandergraft Equipment
Elizabe^-'town Eytenrsion Ce-ater
T'.tzl Acquisi. t 'ion of
Equipment $ 1
Other lmruroyements
U. of Ky. Electrieal Dist.
System $
U. of Ky. Razing of Water Tank
Boile-- Renovation
Feltner 4-H Camp Sewage and Water
System
Road-South FarIm
Fenc kg-Ag-fonromy Area
Repair Roads- Mercer Farm
Activation o f Chemistry--Physics
Building
3, 936. 64
4, 807.9P
3,037.24
4, 868. 85
8, 255.73
380, 929. 11
217, 817. 25
75,000.00
2, 407. 53
3, 070. 03
24, 954. 09
79, 485.57
48,012. 99
363, 822.31
3 . 27'
13, 501.31
122,000. 00
a$
1, 252. 70
4. 030. 27
3, 037. 24
6, 289. 23
5, 215. 23
26, 836. 17
44,010.52
6, 718. 17
300. 39
416. 13
170. 10
13, 195. 22
5, 123. 82
68, 453.71
8, 553. 43
$ 444.32
893. 60
$
2, 239. 62
( 115. 97) 1
( 1,420.38)1
3, 721.00 ( 680. 50) 1
63, 143. 76
28, 079. 61
100. 95
750.00
7, 679. 97
4, 082. 47
28, 939. 56
10, 065.00
28, 138. 95
290, 949. 18
145,727. 12
68, 180. 88
2, 107. 14
2,653. 90
24, 033. 99
58,610.38
38, 806. 70
266,429.04
3-5. 27
( 5, 117. 12) 1
93, 861. 05
,355, 941.82 $ 193, 602. 33 $ 176, 039. 19 $ 986, 300. 30
103, 147. 20 $
891. 51
3, 143. 92
898. 33
4, 785. 00
265.98
55.550
4, 154. 84 $ 88, 551. 00 $ 10, 441. 36
891. 51
120. 00 3,023. 92
898. 33
4, 785. 00
265. 98
55.50
13, 609, 18
13, 603. 18
1. DeIx -10
of Buildings
-10 h
University of Kentucky
Statement of Plant Fund Expenditures
For the Current Fiscal Period Which Began
July 1, 1963 and Ended February 29, 1964
Other Improvements ( continued)
Consulting Retainer Proctor
Convert Bldg. to Gas Heat
University of Kentucky Campus
Lighting
Water System- South Farm
Coldstream Farm Water System
Total Other Improvements
Contingency Reserves
Medical School Clearing
UK Clearing Accounts
Total Contingency Reserves
Total Unexpended Plant
Funds
II. Retirement of Indebtedness F
Debt Services
2nd PWA Issue
Dorm. Rev. Bond Issue
Auditorium Field House Issue
Library Building Issue
Stadium Addition Issue
Dorm. Rev. Issue ( 456 Rose)
Journalism Building Bond Issue
Dorm. Rev. Issue ( 476 Rose)
Student Dorms ( 1953 )
Student Dorm ( Kappa Sigma)
Student Dorm ( Lambda Chi)
Student Dorm ( Phi Sigma Kappa)
Student Dorm ( Pi Kappa Alpha)
Dormitory Revenue Bonds of 1952
Dormitory Revenue Bonds of 1954
Dorm. Revenue Bonds of 1956-
Cooperstown Apartments
Dorm. Revenue Bonds of 1956-
Six Sorority Dorms
Dorm. Revenue Bonds of 1956-
Student Dorms Reserve
Dorm, Revenue Bonds of 1956-
336 Clifton Avenue
Encumbrances Unencumbered
Appropriations Expenditures Outstanding Balance
$ 7,200. 00 $ 1,763.94 $ 3,236.06 $ 2,200.00
251.89 251.89
75, 086. 00 64, 044. 00 9, 052. 00 1, 990. 00
49.60 49.60
55, 000.00 55,000.00
$ 264, 378. 11 $ 70, 480.65 $ 100,959.06 $ 92,938.40
$ 39,433.58 $ $ $ 39,433.58
1,264.50 1,264.50
$ , 40,69808 $ $ $ 40,698.08
$10, 061, 054. 28 $ 1,418,339. 22 $ 2, 795, 146.09 $ 5,847,568.97
Iunds
$ 18, 207.94
24, 823, 25
61, 040.78
131, 399. 97
17, 947.52
8, 633. 20
31, 470. 25
4, 938. 93
23,220,.17
12, 028. 26
13,723.60
11,418.43
12,588.74
79,729.50
39, 875.61
$
254,739.20
58, 782.50
37,500.00
8, 073.00
18, 110.78
2, 212.50
52,098.75
2, 420. 00
1, 443. 75
3, 153. 30
12, 127.50
2, 780. 00
3, 220.41
1, 610, 21
1, 610. 21
1, 610. 21
1, 610. 21
38,597.50
17,269.97
$
a$
40, 738. 70
19, 372. 50
2, 975, 00
97. 16
22,610.75
8,942.03
128,979.97
16,503.77i
5, 479. 90
19,342.75
2, 158.93
19, 999.76
10, 418.05
12, 113. 39
9, 808. 22
10, 978.53
41, 132.00
22, 605.64
214,000.50
39,410. 00
37,500.00
5,098.00
1. Deficit
-11-
University of Kentucky
Statement of Plant Fund Expenditures
For the Current Fiscal Period Which Began
July 1, 1963 and Ended February 29, 1964
Debt Services ( continued)
Appropriations Expenditures
Encumbrances Unencumbered
Outstanding Balance
Dorm. Revenue Bond of 1956-
Holmes Hall
Dorm. Revenue Bonds of 1956-
Shawneetown
Dorm. Revenue Bond of 1957-
468 Rose
Dorm. Revenue Bond of 1957-
342 Clifton Avenue
Housing Bond of 1958- Haggin Hall
Consol. Educ. Bldgs. -Series A
Universitv of Kentucky Housing
Bonds
UK Dining Hall Bonds
Comm. College Ed. Building
Consol. Education Building-Series B
UK Student Union Building
Total Debt Service
Sinking Fund Reserves with Trustee
Dorm. Rev. Bonds of 1955-
Reserve Holmes Hall
Dorm. Rev. Bonds of 1956-
Shawneetown
Dorm. Rev. Bonds of 1952- Res.
Dorm. Rev. Bonds of 1954-Res.
Consol. Educ. Bldg. Rev. Bonds- Res.
Housing Bond of 1958- Haggin Hall
U. of Ky. Housing Bond of 1960- Res.
UK Housing Dining Hall
Comm. College Ed. Building
Cons. Ed. Bldg. Revenue
$ 47,479.00 $
89. 354. 00
7,501.00
8, 246. 55
76, 426. 75
498,220.48
20, 700.00
63, 083. 22
37, 995. 00
268, 431. 25
35,424.60
13,695. 00 $
62, 840. 00
5, 750. 00
3,075.00
76, 179. 33
143, 909, 35
4, 633. 91
20, 654. 34
18, 967.50
134, 218. 75
34, 886. 50
$ 33,784.00
26, 514.00
1,751.00
5,171.55
247.42
354, 311. 13
16, 066. 09
42, 428. 88
19, 027. 50
134, 212. 50
538. 10
$2,003,002.70 $ 741,771.18 $ $ 1,261,231.52
$ 102, 676.59 $ $ $ 102, 676.59
247,550.84 247,550.84
132,396.90 132,396.90
73,825.62 73,825.62
390, 047.05 390,047.05
75,410.28 75,410.28
19,025.46 19,025.46
19, 556. 75 19,556.75
18,907.50 18,907.50
134,218.75 134,218.75
Total Sinking Fund Rese'rve $ 1, 213, 615.74
Total Retirement of Indebtedi
Funds
Total Plant Fund
Appropriations
$.
$
$ 1, 213. 615. 74
iess
$ 3,216, 618. 44 $ 741,771.18 $ $ 2,474,847.26
$ 13,277, 672.72 $ 2, 160, 110. 40 $ 2, 795, 146. 09 $ 8,322, 416. 23
1. Deficit
University of Kentucky
Statement of Other Fund Transactions
For the Current Fiscal Period Which Began
July 1, 1963 and Ended February 29, 1964
Restricted Funds:
Fund Balances
Balances
July 1, 1963 Receipts
$ 5,494,788.42$11,617,811.16
Disburse- -
ments
Balances
February 29, 1964
$10,549,652.51 $ 6,562,947.07
Loan Funds:
Principal-
National Defense Education A
1958:
Federal Government
University
Accum. Interest Income-
NDEA
University Student Loan Fi
University Special Student
Loan Funds
United Student Aid Loan Fi
Expendable
Subtotal
Endowment Funds:
Principal
Expendable
Subtotal
Agency Funds:
Balances
Combined Totals
ct,
'inds
ind
720,540.41$
80, 060. 04
3, 920. 65
29, 939. 96
23, 648. 53
1,000.00
141, 258.81 $
15,695.41 1
1, 987. 942
184, 304. 59
$ 861, 799.22
95,755.45
5,908.59
214, 244.55
20, 474.44
44, 122. 97
1,000.00
15, 324. 18 559. 61 62.50 15, 821.59
$ 874, 434. 07 $ 364, 280.80 $ 62.50 $ 1, 238, 652. 37
$ 335,534. 96$ 3, 674.50 $ $ 339, 209.46
13,308.27 3,232.97 1,239.41 15,301.83
$ 348, 843. 23 $ 6, 907.47 $ 1,2239.41 $ 354,511. 29
$ 174, 287. 36 $ 1, 318, 371. 19 $ 1, 479, 935.86 $ 12, 722. 69
$ 6, 892, 353.08 $ 13,307,.370..62 $ 12, 030,,89D.28 $ 8, 168, 833,42
1. Inter- fund Transfers 2, Transfer from other funds.
-13-
17
CONTRACTS AND/OR AGREEMENTS
1. Easement at West Kentucky Experrnent Substation
Recorrmendation: that approval be given for an easemant to Norval L. Oliver,
Princeton, Kentucky, granting him the right to lay and maintain a one-inch water
line pipe 1147 feet in length and extending from the east end of the pipe line
supplying water to the University's Western Kentucky Agricultural Experiment
Substation to the east boundary line of the tract of land on which the Substation's
office building is located, and that the appropriate officers of the University be
authorized to execute the necessary document.
Background: Norval L. Oliver of Princeton, Kentucky, plans to construct a res-
idence on property adjoining the University's Substation and has asked For the
right to lay a one--nch water pipe line from the water line supplying the Substation
to the east boundary line of the Substation property. At the time the line is
connected to the water supply line, the University is to be paid a fee of $125 by
the City of Princeton in accordance with our contract with the City of Princeton,
dated March 16, 1