Minutes of the Regular Meeting of the Executive Committee of
the Board of Trustees of the University of Kentucky, June 29, 1939.


    The Executive Committee of the Board of Trustees of the Uni-
versity of Kentucky met in President McVey's office at the Uni-
versity, Thursday, June 29, 1939, at 10:30 a.m.    The members of
the Committee present were Judge Richard C. Stoll, Chairman; James
Park, R. P. Hobson and Lee Kirkpatrick.  President Frank L. McVey
and D. H. Peak, Secretary of the Board, were present.


     1. Approval of Minutes.

     Approval of minutes deferred until publication is made.


     2. Financial Report.

     The Business Agent filed financial report for month of May,
1939.  The report was examined and ordered recorded in the minutes.
The report reads as follows:



              Statement of Income and Expenditures

                       Month of May 1939



Previou sly
Reported



Current
MIonth



Fiscal
Year
to Date



General Fund Income
Federal Appro.-Morrill-
       Nelson
 Vocational Ed. Board
 Athletics
 State Appro.-Summer Sch.
 Special Agr. Appro.
 State Appro.-General
 Bldg.Revenue Bond & Op-
       erations Fund
  State Appro.-Repairs to
       Bldps.
  Federal Appro.-Bankhead-
       Jones
  Student Fees
  Student Fees - Sum.Sch.
  Student Fees - U.H.S.
  Student Fees - El.Tr.Sch.
  Student Fees - Univ.Exten.
  Miscellaneous Receipts
  Rentals
  Ments Dormitories
  Library Equipment - Appro.
  Scientific and Lab. Equip-
        Appro.



$42,750.00
29,798.08
35,346.42
8,000.00
20,000.00
348,408.69

64,670.60

9,675.04

38,205.78
208,665.98
63, 553.09
10,225.00
7,280.00
13,147.70
7,356. *72
1,842.65
18,5407. 45
16,698.74



              $42,750.00
$ 3,649.38     33,447.46
               35,346.42
               8,000.00
   2,000.00    22,000.00
   61,538.44   709,947.13

     949.75    65,620.35



241.05



9,916.09



6,232.43   44,438.21
4,409.67  213,075.65
            63, 553.09
  600.00   10,825.00
  340.00    7,620.00
  909.17   14,056.87
  895.87    8,252.59
  207.00    2,049.65
  907.60   19,455,05
3,652.70   20,351.44



1,869. 45   53,729, 63



51,860. 18