xt7kpr7mq246 https://exploreuk.uky.edu/dips/xt7kpr7mq246/data/mets.xml Lexington, Kentucky University of Kentucky 19631117 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, 1963-11-sep17. text Minutes of the University of Kentucky Board of Trustees, 1963-11-sep17. 1963 2011 true xt7kpr7mq246 section xt7kpr7mq246
Minutes of the Meeting of the Board of Trustees of the University of
Kentucky, September 17, 1963.
The Board of Trustees of the University of Kentucky met in the Presi-
dent's Office on the campus of the University of Kentucky at 10:05 a.me,
Eastern Standard Time; on Tuesday, September 17, 1963, this being the third
Tuesday of September as provided in KRS 164. i70, Present were: Dr. Ralph
Angelucci, vice chairman, Judge J. A. Sutherland, secretary, Mr. Wendell
P. Butler, Dr. Harry Denham, Mr. Smith Broadbent, Dr. R. W. Bushart, Mr.
Sam Ezelle, Mr. W.F. Foster, Dr. H. B. Murray, Mr. Clifford E. Smith,
Mr. Floyd Wright, Mr. Gilbert W. Kingsbury, Mrr Robert Hillenmeyer, and
Dr. Lewis Cochran and Professor Paul Oberst, nonvoting faculty members.
President John W. Oswald, Vice Presidents A. D. Albright and W. R. Willard,
Dr. R. D, Haun, Mr. Clay Maupin and Mr, George Kavanaugh were present
as representatives of the University administrative staff.
A. Meeting Opened
In the absence of Governor Combs, Dr, Ralph Angelucci, vice chairman,
called the meeting to order, It was determined that a quorum was present
and Judge Sutherland was asked to give the invocation,
B. Oath of Office Administered to Mr. Wright
Dr. Angelucci administered the oath of office to Mr. Floyd Wright, who
had been reappointed by Governor Combs under date of September 10, for a term
ending December 31, 1966.
C. Minutes Approved
On motion by Mr. Kingasbury, seconded and passed, the minutes of the
Execut ve Committee of the Board of Trustees for July 26, 1963, and of the
Recessed Meeting of the Board cf Trustees of the University for August 24,
1963, were approved as published.
D. Dr. Oswald Welcomed
On behalf cf the Board of Trustees, Dr. Angelucci welcomed Dr. Oswald
to his first meeting with the Board of Trustees of the University and expressed
the appreciation of the Board for what he has done and pledged the support of
themembers to him as he leads the University "over the threshold" of greatness.
Dr. Oswald responded by thanking the Board for the great trust which
they have placed in him and stated that he considered it a great opportunity and
a great challenge. He said he was _kieoking forward to working with the Trustees
in making the University of Kentucky a very high quality institution.
He then indicated that he was instituting a change in format in presentas
tion of materials to the Board which he would like to follow in this and all future
meetings. His first presentation would be a president' s report which would
capsule University activities between meetings of the Board, thus keeping the
members informed of outstanding achievements of the faculty in teaching,
research, and service. In the future all routine matters will be summarized
with a recommendation from the president as to desired action and mailed to
the members a week in advance of the meeting. Then at the time of the meeting,
unless the Board wished to discuss any of the matters in greater detail, the
entire report could be accepted as a whole, Those matters which require dis-
cussion before action will also be summarized and submitted to the members in
advance so that they may be familiar with the background of the problem.
Through such procedure Dr. Oswald expressed the hope that valuable time of
the Board might be saved to discuss more substantive issues and policies.
E. President's Report #1
Copies of the President's Report to the Trustees were made available
to the members of the Board and the press, Dr. Oswald went over the items
contained in it commenting briefly on each one, Following his presentation,
the members of the Board expressed their appreciation for having this
information made available to them and the report was ordered made a part
of the official record of the meeting.
PRESIDENT'S REPORT TO THE TRUSTEES
1. Fall Enrollment at an All-Time High
University of Kentucky enrollment for the fall semester is the highest
in the institution's history. Including students enrolled on the Lexington
campus in the ten colleges and Graduate School, in the five community colleges,
and for credit in extension classes and the evening class program, the total
is 12, 112. This compares with the il, 321 enrolled for the fall term of 1962,
the previous high mark. Enrollment on the Lexington campus is 9, 190.
A breakdown of enrollment figures for this fall by colleges:
Agriculture and Home Economics, 579; Arts and Sciences, 3, 139; Com-
merce, 931; Dentistry, 62: Education, 1, 338; Engineering, 1, 372; Graduate
School, 1,047; Law, 224~ Medicine, c 29, Nursing, 160; Pharmacy, 109.
Enrollment in the community college system totals 1, 801, as follows:
Ashland, 382; Covington, 625. Cumberland, 194, Fort Knox, 331; Hen-
derson, 269.
3
In addition, students taking work for credit include 650 in the evening
class program and 471 in extension classes (additional classes scheduled
during the semester will add to the latter figure). Several hundred students
also are enrolled in correspondence courses.
2, 356 in August Graduating Class
The University of Kentucky awarded 355 degrees in August--179 at the
graduate level and 176 at the bachelor's level.
Included in the graduate degrees were eight doctor of philosophy, one
doctor of education, two specialist in education, 23 master of arts, 10 master
of science, eight master of science in agriculture, three master of science
in civil engineering, one master of science in electrical engineering, three
master of science in mechanical engineering, 72 master of arts in education,
25 master of science in education, six master of business administration, 15
master of science in library science, and two master of music.
Fifty-one bachelor's degrees were awarded by the College of Arts and
Sciences, 12 by the College of Agriculture and Home Economics, 17 by the
College of Engineering, 68 by the College of Education, 26 by the College of
Commerce, and two by the College of Pharmacy.
3. One-Trip Renovator Developed for Pastures
A solution to easy, inexpensive pasture renovation work may be provided
as the result of an experiment started this year at the UK Agricultural Experi-
ment Station. The researchers are Dr. Timothy Taylor and Rankin Powell,
agronomists, and C.K, Kline and E.M. Smith, agricultural engineers.
Research is in the early stages and an experimental machine is being
designed. The research team hopes to develop an effective, economical, easy-
to-operate device that will quickly and efficiently lay out some sort of narrow
strip or trench through a field; drop legume seeds into it in a uniform manner;
put a band of fertilizer under the seed; and perhaps apply a herbicide to the
strip-area to cut down grass and weed growth.
Why develop such a pasture renovator? Kentucky is a grasslands state,
with about 6, 000, 000 acres in grass. Many of these acres are in justfair
shape. Legumes have gone out, weeds have invaded, Farmers are reluctant
to destroy a usable low-yielding grass pasture and start a new one because
of high costs and the hazards of getting a new stand,
Give the farmer a machine to renovate efficiently in one pass (or close
to it) and he would save money over present methods, Marginal pasture would
be in better shape.
4
4. Spore-Forming Bacteria to Be Studied
A study of methods for identifying clostridi.a--spore-forming bacteria
that grow in the absence of air--is being initiated at the University of Kentucky
under a $27, 353 grant from the National Institutes of Health. The study will
be directed by Dr. Ralph H. Weaver. professor of microbiology.
Some species of clostridia play an important part in making the soil
fertile, and some are used in industrial fermentation processes. However,
certain species produce wound infections and other disease conditions in man
and animal. At least two are responsible for some of the more serious types
of food poisoning.
The research grant is for a three-year period and will be a continuation
of work on the development of methods for rapid identification of bacteria con-.
ducted at UK by Dr. Weaver and fellow researchers over a period of twenty
years.
5. Two Courses Offered for Credit by Television
The UK College of Arts and Sciences will offer two courses for credit
by television and "play back" another course on radio during the fall semester.
One of the courses, Plane Trigonometry, is being carried by WLEX-TV,
Channel 18 in Lexington, and is conducted by Dr. A. W. Goodman, professor
of mathematics and astronomy, Dr. Arthur L. Cooke, Professor of English,
is conducting a course entitled "Survey of English Literature" on the same
station.
Both of the tv. courses are presented "live" and are produced by Ronald
Russell-Tutty. program director, Department of Radio, Television and Films.
Approximately 120 of the students enrolled in each course for resident credit
gather in Studio A of McVey Hall to watch the televised classes on sets scattered
throughout the room, Others watch from elsewhere in the building.
Recordings of Dr. James W. Gladden's sociology class, "The Family,"
are being presented three days a week by WBKY, student-operated FM radio
station at UK. Dr. Gladden, professor of sociology, discusses such topics
as marriage, divorce, and family budgeting,
6. Program Trains Rehabilitation Counselors
Ten University of Kentucky graduate students will receive stipends ranging
from $1, 800 to $2, 000 as the result of a $36, 475 grant from the United States
Vocational Rehabilitation Administration to the College of Education. The stu-
dents are enrolled in a two-year master's degree program designed to prepare
them for careers as xehabilitation counselors.
5
The UK program is the only one in Kentucky, and is set up on a regional
basis. It is not restricted to students receiving stipends, and any qualified
graduate student may enroll. Most of the trainees, upon graduation, will
find positions in government agencies. Others will work in hospitals, clinics,
rehabilitation centers, and other government and private facilities.
7. Geological Maps of Kentucky Are Produced
Nine new areal geologic maps have been produced under a cooperative
mapping program carried on by the Kentucky Geological Survey at the Uni-
versity and the United States Geological Survey. The single-sheet, colored
maps contain geological information and outlines of potential mineral wealth.
The new maps in the series are: Lynn Grove (parts of Calloway and
Graves counties), Fountain Run (parts of Allen, Barren and Monroe counties),
Bowling Green South (part of Warren county), Crutchfield (parts of Fulton and
Hickman counties), Gamaliel (part of Monroe county), Gradyville. (part of
Adair county), Parrot (parts of Jackson and Laurel counties), Tyner (parts of
Clay and Jackson counties), and Water Valley (parts of Fulton, Graves and
Hickman counties).
Eventually the entire state of Kentucky will be covered in more than
700 areal maps.
8. Ground Broken for Education Annex
Formal, ground-breaking ceremonies marking the start of construction
of the $1, 187, 500 addition to the College of Education were held on August 27
at the construction site on Scott Street at the rear of the Taylor Education
Building.
The three-story addition to the Education College is being constructed
by Sullivan and Cozart, Inc., Louisville, it will contain 61, 500 square feet
of office, classroom, laboratory and conference space.
9. Geographer Develops New Approach to Map Making
A University of Kentucky geographer, Dr. J. R. Schwendeman, has
come up with a solution to a problem that has always bothered cartographers:
How to map a sphere on a flat surface with as little graphic distortion as possible.
Dr. Schwendeman's projection combines the good features of established
systems for showing all of a globe on a plane with mathematical scaling modifi-
cation of his own design. Ten years ago, Dr. Schwendeman, Head of the UK
Department of Geography, began pondering how mapping data of worldwide extent
could be improved. He believed that a mathematical composition of the earth,
6
or any large area involved with geographic curvature, could be devised with
emphasis on drafting simplicity, ease of plotting, and space saving, page
and paperwise.
Now, after two years of intensive investigation supported by the Kentucky
Research Foundation, Dr. Schwendeman is ready to present his new approach
in the science of map-making to the geographical profession. He has titled
his method of projection "Geomatlic.I1
10, Ground Broken for Seventh Community College
Construction has started at Prestonsburg on the seventh unit in the Uni-
versity's system of community colleges. The $882, 000 building that will
house the Prestonsburg center is to be ready in the fall of 1964. It will include
12 classrooms, three laboratories, a library, a multi-use room for band and
meetings, a seminar room and a director's office, The college will have a
33-acre campus.
11. Effects of Sugars on Nervous System Studied
A project conducted by Dr, T. Z. Csaky, chairman of the Department of
Pharmacology, Medical Center, will seek to find the effects of sugars on the
central nervous system. The study concerns the factors that act as agents
in allowing foods (specifically, sugar) and drugs to flow from blood to the brain.
The five-year study is sponsored by the National Institutes of Health,
The current year's grant is $23 760.
12. Physics Department Gets $24, 870 Grant
The National Science Foundation has granted $24, 870 to the Department
of Physics in connection with the foundation's undergraduate instructional sci-
entific equipment program. The money is to be matched equally with Universi-
ty funds for the purchase of scientific equipment. Administered by the Kentucky
Research Foundation, the funds will be used to expand instructional facilities
of the sophomore physics laboratories and to improve equipment in the depart-
ment's advanced undergraduate laboratories.
130 Swope Collection Goes to UK Library
The papers and books of the late King Swope, for twenty years a Fayette
County circuit judge and a former member of the U.S. House of Representatives,
have been given to the University of Kentucky Library and are being cataloged
for the Swope Collection.
7
The collection ccntamns newspaper clippings, significant correspondence;
campaign material from Swope s days in the political arena, and books from
his personal library. It represents only the second collection of Republican
Material the Library has in its archives. The collection of William 0.
Bradley, Kentucky's first Republican governor after the Civil War, is the
othe r ,
140 Associate Degree in Nursing Program Planned
The W. K. Kellogg Foundation has awarded the UK College of Nursing
$61, 900 to be used in the planning and development of the Associate Degree in
Nursing Program. Subsequent awards are anticipated over the next four years.
The new Associate Degree in Nursing Program is being activated at the
Northwest Community College in Henderson, Its purpose is to prepare graduates
of the two-year terminal program for competent bedside nursing functions and
for licensing as registered nurses,
The aim of the new nursing program is to encourage more qualified
Kentucky young people to enter the profession. Surveys of nursing shortages
point out a need for 300 nurses per 100, 000 population. The United States has
only 254 nurses per 100, 000 people. Kentucky's situation is much worse, with
just 126 professional nurses per 100,000 people.
15, Pharmaceut.cal Chem..stry fiets Grant
The Department of Pharmaceutical Chemistry plans to use a $4, 000
grant it received recently from the Smi-th Kline and French Foundation, together
with $1, 600 from the University Research Committee and $900 from depart-
mental funds, to purchase an infrared spectrophotometer, The instrument
will be used in the department's research program in the synthesis of new drug
molecules,
160 Pediatrics Center Established
A special center, headed by Dr. James Rackley of the Department of
Pediatrics, is being established to provide a "registry" for children born
with defects at the Unkversity Hospital, and for those with defects who are
admitted to the hospital after birth, Principal purpose of the program is to
insure that those with defects continue to receive adequate medical attention
after they are discharged as inFpatients.
The $20, 500 to be used for operating the center is being provided by
the Lexington chapter of the National Foundation. It will be used to pay for
laboratory assistants, a social wcrker, and follow-up investigators.
8
17. Southeast Center Sponsors Ccnce-ts
The UK Scutheast Center at Cumberland is sponsoring a series of nine
community concerts to be Dresented during the fall, winter and spring in Harlan
and Cumberland, In addition to a number of University musicians and musical
organizations, the series will feature renowned folk, singer John Jacob Niles
and the Louisville Orchestra.
18. Gifts and Grants to University Total $397, 676. 62
The University of Kentucky Medical Center has received gifts totaling
$376, 906. 62 during the period from July 11 through September 7, as follows:
Research and training grants--$279, 469. 72.
Contracts awarded--$94, 206.40.
Scholarship and miscellaneous gifts--$3, 230. 50.
Since the last meeting of the Trustees, August 24, $20, 770 in gifts have
been received, all of which are for scholarship purposes with the exception
of one $2, 500 research grant.
Total gifts and grants to be approved by Board of Trustees on September
17--$397, 676. 62.
19. Honors and Recognition
Staff members of the University have brought honor and recognition to
the institution, as well as to themselves, on several occasions since the last
meeting of the Trusteeso
Dr. Rvkdolph J, M .:el-ing, Jr., chairman of the Division of Legal Med-
icine and Toxicology? Medical Center, has been named to serve with two national
groups. He has been appointed to the Medicolegal Subcommittee of the National
Committee on Vital Health and Statistics and as a member of a panel for the
study group on Medicolegal certification of deaths, a branch of the Public Health
Conference on Records and Statistics of the National Center for Health Statistics.
Richard C, Miller, extension specialist in Animal Husbandry, has been
made an honorary fellow of the American Society of Animal Science. He also
was presented a plague and a $1, 000 award for his contributions and service to
the national livestock industry. A member of the UK staff for twenty years,
he is the first Kentuckian to receive the dual honors,
Six books by four mnembers of the History Department faculty--lDr, KThomas
D, Clark, Dr. Clemenat Eaton, Dr. James F, Hopkins and Dr. Holman Hamilton
-have been selected for Inclusion in the White House Library.
9
Dr. R, A. Chapman, head of the Department of Plant Pathology, has
been appointed chairman of the Plant Nematclogy Committee of the American
Phyto-pathological Society. He also was named to the society's advisory
committee to the American Type Culture Collection.
Dr. Doris M. Seward. Dean of Women, served recently as the National
Education Association delegate to the World Conference of Organizations of the
Teaching Profession, meeting in Rio de Janeiro, Brazil.
0, Leonard Press, head of the Department of Radio, Television and
Films, has been appointed executive director of the Kentucky Authority for
Educational Televis9.on, Ronald Stewart,. technical director for the UK Broad-
casting Service, has been named chief engineer for the project.
J.E, Humphrey, agricultural extension specialist, recently was elected
a Fellow of the Poutltry Science Association, He was one of five persons to
be so honored,
Paul Oberst, professor of law, has been appointed to a seven-member
commission created by the 1963 special session of the General Assembly to
act as general adviser to the State Government on Kentucky's prisons and
parole system.
Basketball coach Adolph Rupp has been appointed a member of the Hon-
ors Committee of the National Basketball Hall of Fame,
20, Significant Achievements cf Faculty
Dr. James H. WeU'.s, assistant professor of mathematics, has received
a $6, 800 grant frocm the National Science Foundation in support of a research
project entitled "Convclution Theory. 1"
Dr. W, F, Wagner, professor of chemistry, has received a contract
renewal amounting to $1i, 319 for research he is conducting in extraction of rare
earths under sponsorship of the Atcmic Energy Commission.
Dr, Marvin B, Qui'gey. associate professor of anatomy and oral surgery,
was one of 2?9 dental h-.stologists invited to attend a four-day meeting at the
Royal Denta)i School in Malmo, Sweden, August 29-September 1o
Dr, A, Lee Ccleman, head of the departments of Sociology and Rural
Sociology, served as program chairman for a meeting of the Rural Sociological
Society at San Fernando Valle.y State Cc.llege, California, August 23-26,
Dr. William D, Ehmann. as~occiate professor of chemistry, recently
presented a paper on his research -.n radir-chemistry on the program of the Congress
of the International. Union of Po.re and A.'.-lied Chemistry, in London, England,
Dr. Lawrence S, Th-mp A ieon, director of libraries, is the author of a study
entitled "The Librarises of Colon.al Spanish America, " which has been published
by a firm in Amsterdam, Hcl.:and,
10
Dr. James E. Douglass, assistant professor of chemistry, has received
a National Science Foundation grant of $19, 400 to conduct research in the effects
of boron atoms in organic compounds.
Dr. Marion Pearsall, associate professor of behavioral science, is the
author of a book published recently by the University of Kentucky Press,
"Medical Science: A Selected Bibliography. "
Dr. Wasley Krogdahl, professor of astronomy, has received a $9,445
grant from the National Aeronautics and Space Administration to study man's
efforts to gain additional knowledge about the sun.
Dr. Prasad K, Kadaba, professor of electrical engineering, is directing
a five-year research project involving microwave absorption of gases and liquids,
under a $10, 600 grant from the National Science Foundation.
Dr. Laszlo Zsoldos, assistant professor in the Patterson School of
Diplomacy and International Commerce, is the author of a book just published by
the Ohio State University Press, "The Economic Integration of Hungary into
the Soviet Bloc, "
Dr. Katherine Sydnor, assistant professor of medicine, is engaged in
a research project, "Metabolic Studies in Tumor in Susceptible Rats" under a
$53, 341 grant from the National Institutes of Health,
Dr. Alvin L, Morris, dean of the College of Dentistry, has received a
$48, 852 grant from the Public Health Service to conduct a study of the effects
of food debris and calculus on the perodontium of the dog.
Dr. Jiri T. Kolaja, associate professor of sociology, presented a study
this month at the 20th International Sociological Institute Congress at the Uni-
versity of Cordova, Argentina.
Dr. Doug'-as W. Schwartzjdirector of the UK Museum of Anthropology,
spoke at a faculty convocation at Carson-Newman College on August 30. He said
that college students usually participate in sub-cultures, smaller groups which
share values that are most important to them and which help to shape the lives
of their members, Dr. Schwartz has been associated with the UK Creativity
in Learning Seminar for the past two summers,
Dr. P. P. Karan, associate professor of geography, is the author of a
book, "The Himalayan Kingdoms, " just published by the D. Van Nostrand Com-
pany, Princeton; N,. J.
A research project entitled "A Study of Physiology and Therapy in Renal
Failure" is being conducted under the direction of.CDr. Benjamin F, Rush, Jr.J,
associate professor of surgery. The work is made possible by a grant of
$34, 731 from the Nat-onal Institutes of Health,
11
F, B.ennium Repcrt for 1961-63 Distributed
Dry. Oswald called attention to the Biennium Report for 1961-63 prepared
by Dr. Dickey; copies of which were gi'Zen to the members of the Board. In
calling attention to the report he indicated that he would like to take advantage
of the opportunity to express his appreciation to Dr. Dickey for his help during
the past three months and to Dr. A, D. Albright for the magnificent manner
in which he had managed the affairs of the University during the period between
Dr. Dickey's resignation and his assuming the duties of the presidency.
G. Citation Presented to Colonel Alcorn
The Undersecretary of the Army had requested the president of the Uni-
versity of Kentucky to present on his behalf the Army Commendation Medal to
Colonel James P. Alcorn, the new commandant of the University Army ROTC
Unit, for meritorious service while serving as an assistant to the Undersecre-
tary of the Army during the period June 1961 to June i963. Colonel Alcorn
accepted the medal from President Oswald and received the congratulations of
the Board of Trustees on this honor,
H. President's Report #2
Copies of Recommendations of the President having been made available
to the members of the Board, on motion by Mr. Hillenmeyer, seconded by Mr.
Kingsbury, were adopted as a whole and ordered made a part of the official
record of the meeting.
RECOMMENDATIONS OF THE PRESIDENT
A, FINANCIAL REPORT
Recommendation: that the financial report covering the two month period
from July 1, 1963 through August 31, 1963, be accepted and made a part of
the record of the September 1i7, 1963, meeting of the Board of Trustees.
Background: The balanced fund groups which set forth the financial
position cf the Unv.iclersity on August, 31, 1963, are presented on Pages
A, B, C & Do The 'enera.l fund statement of income (page E) shows
the estimated income for the fiscal year, the amount received through
August: 3i, and amount to be received for the remainder of the year.
The amcunt of income col'ected is 30, 3 per cent of the total estimated
income and is in accordance with origina.l. projections. The General
fund statement of expenditures shown on pages F & G is 19. 1 per cent
of the total appropriations, a normal percentage of the total for the
fiscal period, and reflects purchases which were made for the school
year, Plant fund operations for acquisition and improvement of fixed as-
sets are shown on pages H,' ., & K. The Sinking fund reserves for Revenue
Bond issues are stated on page 1. The statement of other Fund Transac-
tions on Page M Includes Restricted, Loan Endowment and Agency funds,
Thi.s exhibit sets forth the fund balance on July i, 1963, income received
and expenditures made during July and August and the fund balance on
August 31., 1963, by fund and combined totals,
UNIVERSITY OF KENTUCKY
LEXINGTON. KENTUCKY
September 9, 1963
Dr. John W. Oswald, President
University of Kentucky
Lexington, Kentucky
Dear Dr. Oswald:
I am submitting herewith the Financial Report of the University of Kentucky for the
two months ended August 31, 1963. This report contains a balance sheet and related
financial statements which present a complete financial picture for all funds of the
University.
The Current General Fund budgetary operations for the period reflect income realized
for educational purposes in the amount of $8, 696, 299. 16 or 30. 3% of the budget estimate
of $28, 692, 192. 96. The expenditures, including encumbrances outstanding amount to
$5, 679, 667. 86. This represents 19. 1% of the total Current General Fund Appropri-
ations of $29, 715, 974. 13.
Respectfully submitted,
Director
af
a
University of Kentucky
Balance Sheet
August 31, 1963
ASSETS
Current Funds:
A. General
Cash in Bank
Available Balance, State Appropriation
Cash on Deposit, State Treasurer
Inventories
Deferred Charges
Accounts Receivable- Hospital- Net
Due from Capital Construction Fund
Unrealized Income
Accounts Receivable
Total General
B. Restricted
Cash ir Bank
Petty Cash Advances
Investments
Accounts Receivable ( Net ) Professional
Service Plans
Total Restricted
Total Current Furids
II. Loan Funds:
Cash ta Bawk
Due From-Urnied AMd Fund
Notes Receivabie
Inh estmeats
Due from Federal Government
$ 700,805.73
4,296,562.54
1,786,938.51
1, 127,788. 19
7,666.20
530,025.27
285, 000.00
19,995,893. 80
323.28
$ 28, 731, 003. 52
$ 1,034,904.74
47, 100,01
3,502,591.48
70,503,74
4, 655,099.97
$ 33,386,103.49
$ 6,301.26
1,000.00
912, 280. 46
26, 500. 00
353. 31
Total Loan Funds
_946, 435. 03
b
University of Kentucky
Balance Sheet
August 31, 1963
LIABILITIES
L. Current Funds:
A. General
Reserve for Departmental
Requisitions
Reserve for Inventories
Other Liabilities
Appropriation Balances
Unappropriated Surplus:
Division of Colleges
Medical Center
Agricultural Experiment
Station
University Hospital
$ 2,401,455.68
1, 127, 788. 19
7, 666.20
24, 036, 306. 27
$ 701, 667.76
391, 550. 83
60, 874.59
3, 694.00
1, 157, 787. 18
Total General
B. Restricted
Outstanding Check Liability
Reserve for Accounts Receivable
Restricted Fund Balance
Total Restricted
Total Current Funds
II. Loan Funds:
Principal Balances-
National Defense Education Act, 1958-
Federal Government $
University of Kentucky
Accum. Interest Income NDEA
Total National Defense
Education Act
Principal $
University Student Loans
University Special Student Loan Fund
United Student Aid Fund
Expendable Balance
$ 28, 731. 003. 52
$ 19, 187.97
70, 503. 74
4,565,408.26
4, 655,099, 97
$ 33, 386, 103. 49
789, 795. 41
80, 060.04
4, 391.42
874, 246.87
29, 939. 96
25, 748. 53
1,000. 00
$
930,935.36
15,499.67
Total Loan Funds
$ 946,435. 03
C
University of Kentucky
Balance Sheet
August 31, 1963
ASSETS
HII. Endowment Funds:
Cash in Bank
Cash on Deposit- Trustee
Investments
$ 20,944.59
32. 97
328,046. 13
Total Endowment Funds
IV. Plant Funds:
A. Unexpended Plant Funds
Cash on Deposit, State
Treasurer $
Available Balance, State
Appropriation
Investments
Total Unexpended Plant
Funds
B. Retirement of Indebtedness Funds
Cash in Bank, Due