UmIVERSITY OF KENTUCKY
                          LEXINGTON


     Minutes of the Meeting of the Executive Committee of the
Board of Trustees of the University of Kentucky, Tuesday, June
21, 1927,

     The Executive Committee of the Board of Trustees of the
University of Kentucky met in President McVey's office at 11:30
a. m., Tuesday, June 21, 1927.   The members present were:
Chairman)R. C, Stoll, R. G. Gordon, Frank McKee and McHenry
Phoads; President F. L. McVey and Acting Secretary D. H. Peak,
meeting with the committee.

     The minutes of the meeting of May 18, 1927, were approved
as published.

     1. Reports of the Business Agent.   The report of the Busi-
ness Agent for the month of Mtay was approved and order was made
to incorporate it in the minutes.



Statement of Income and Expenditures
          Month of May 1927



                          Previously
                          Reported
General Fund Income
   Federal Appropriation  42,750.00
   Vocational Education
      Board                5,231.84
   State Appropriation
      Girls' Dormitory    75,000.00
   St ate Tax            752,588.08
   Interest on Liberty
      Bonds                1,700.00
   Interest on Endowment
      Bonds                8,644.50
   Student Fees          101,858.30
   Student Fees-Summer
      School              28,866.69
   Student Fees-Vet.Bu.      258.56
   Student Fees-UnivH.S, 4,094.10
   Student Fees-Univv Wxt  12,810.82
   Miscellaneous Receipts  7,274.07
   Rentals                 7,956r 00
           Total      1,049,032.96



Current
Month



41,039964




   317.79



 1,195.75
   588.07
   145.00
43,286,25



EXHIBIT "uB"

    Fiscal
    Year
    To Date

    42,750.00

    5,231.84



75,000.00
793,627.72

  1,700.00

  8,644.50
102,176.09

28,866.69
    258.56
  4 094.10
  14,006.57
  7,862.14
  8,101.00
1,92,319. 21