Minutes of the Regular Monthly fleeting of the Executive Committee for Friday, July 20, 1923. The Executive Committee of the University of Kentucky met in rosu1ar monthly session at the University in the office of the President at 11:30 a. m.,,on July 20, 1923. The following mem- bers were present: R. 0. Stoll, R. G. Gordon, H. 1,I. Froman, R. T. Wells, and George Colvin. (1) The report of the Business Agent was read and ordered. incorporated in the minutes. The report was as follows: University of Kentucky Statement of Income and Exrenditures for year 1922-1923 General Fund Income Expenditures Excess of Income over Expenditures Patterson Hall Income 45,125.64 ExDinditures 38,389.79 Excess of Income over Expenditures- Patterson Hall Excess of Income over Expenditures- General Fun& Excess of Expenditures over Receipts for General Ledger Accounts Accounts Receivable for Current year, included in Income Excess of Expenditures over Receipts for fiscal year to date - General Fund Overdraft July 1, 1922-Generai Fund Overdraft June 30, 1923-General Fund $606,667.17 561,557.66 45,109.51 6. 735 .85 51,845.36 (47,767.34) (47,680.35) (43,602.33) (75.423.41) (119.025.74) Trust Fund Receipts Expendi tures Excess of Expendit.ures over Receipts Cash in Bank July 1, 1922 Cash in Bank Jana 30, 1923 10,756.18 12.013.62 ( 1,257.44) 1 324.78 67.34