UA-R-GC-1914-01-01-1961-05-25_Page-021

4 15) The University is scheduling a modest increase in Unrestricted Gifts and Grants. Under a vigorous financial promotion program, this income item should increase. 16) See Note 1110. This is a possible carry-over amount from the unspent portions of the 1960 three-year government grant. 17) This is the third and lAst year of the 1961 grant in the total amount of $14,000 for staff aid purposes. (See note 12) la) This is the tirst year ot a new three-year grant to be requested trom the U.S. Government in the Government Is 1963 budget. 19) Modest increases are anticiIAted trom student fees and tuition. This should occur trom a slightly lArger enrollment, and trom an increase in direct student charges. 20) This is the second year ot the three-year grant in the total amount ot $700,000 requested in the 1963 government budget. (See note 18) 21) This is the first year ot a three-year grant in the total amount ot &700,000 requested in the 1964 government budget. 22) This is the third and tinal year ot the 1963 U.S. Government grant , (see note 20). 23) This is the second year of the 1964 U.S. Government grant (see Note 21). 24) This is the tirst year ot the three-year 1965 U.S. Government request in the total amount ot $200,000. 25) '!his amount, and similAr amounts in the budgets tor the succeeding years, indicates an amua1 request, for the period, in the amount ot $700,000. It should be said that this annual amount lI8y be requested in L.E. and/or $. The detailed budgets of each year will indicate the difference, but it is necessary to be detailed in this more geneml statement of income. 2/:,) As will be evident in Section C (RecapitulAtion) ot this report, the annual credit balanoes calculated from 1965-66 to this year will have cancelled out the arumal defioit balances caloulated f'rom 1960-61 to 196~65. Furthermore, the old indebtedness ot the University (see note 1 under the next section of this table, RecapitulAtion) will have been liquidated by this year. Also, by this year (1969-70) the entire nnew prograrr!' w:U1 have been aooomplished, according to the total anticiIAted budget. . If no new progl'6m has been involved in the meantime, requiring additional financing the annual modest increase in the budget since 1962-63 will no longer be necessary. These several facts w.lll theretore allow for a reduc­tion in the amount ot annual support required from the United States Government