4linutes of the Executive Commnittee of the Board of Trustees,
University of Kentucky, for "ednesday, January 12, 192'4.


     The Executive Cormmittee of the Board of Trustees, University
of Kentucky, met in regular monthly session on 'ednesday, Jan-
ary. 13, 1927, at ll:0O a. m. in the President's office at the
University.

     The follo'rinq ne.embers were present: Judze P. C. Stoll,
Senator H. 'J. From-an, Mr. Frank VcKe6, and Superintendent MlcHenry
Shoads.   President VcVey and ^'ellington Patrick, the secretary,
net vith the cory.ittee.

     The minutes of the rrevious weetinz were arnroved as r'ub-
lished.


     (1) Report of tha Business Aqent.   The rsport of th- bus-
iness azent was rsad and incorporsted in the 2ninutes.   The re-
port was as follows:



            Ststerent of Incom.e and Exrenditures



Nionth of Dacernber 1926



                                  Previously
                                  Raitortad

General Fund Income
  Federal Appropriation           42,750.00
  State Pppro. - Girls' Dorm.     75,000.00
  State Tax                      281,75(.03
  Interest on Liberty Bonds
  Interest on Endownent Bonds     4,322.25
  Student Fecs                    51,308.13
  Studant Fees - Summer School    28,881.09
  Student F338 - Veterans Bur.        57.42
  Student Fees - University H.S. 2,180.10
  Studant Fees - University Ext. 5,364.71
  Viscellannous Pceir-ts           1,909.22
  Renta.s                          4,18e.00
              Total             4f97 6?91_25



      EXHIBIT t"BI"
         Fiscal
Current Year
Mronth   To Date



           42,750.00
           75,000.00
62,054. 24 313,805. 27
   850.00     850.00
            4,322.25
    39.68  51,347.81
    (14.40) 28,866.69
               57.4?
    ^5.00   2,205.10
 2,579.24   7,943.95
 2,003.70   3,912.92
    52.00   4, 220.00
67, 58S .46  5,f1.41



Expenditures
  instruction
  Adain. and Maintenance
  Additions and Battarments
                Total



239,142 .15
93,487 .17
127, 399.69
460, 029. 01



58,786.00
19,598.68
13 400 36



297,928.15
113,085 . 35
140 8CO, 0c5
   5   (j 1!UL4e  
      tl__



Excess of Incomne over Expen.  37,6 2.94



(24, 19 5 .!38)    i 3 . /, E;.-., ., .("