The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1932-03-03
Comptroller Of State "U"
Makes His Annual Report
Institution Has Developed Many
NOn-Tax Sources Of Income
Very Heavy Enrolment

Minneapolis March 1-Out of in
come of every kind that totalled
SIC, 457, 332.54 in the fiscal year 1890
81, the University Of MINNESOTA re-
ceived from the state $4,371 ,09412,
and Of this amount $500 SIS, was
availale for general educational
purposes as shown by the annual
report Of the comptroller, w. T.
Middlebrook, just issued.
The figure Of $3,660,575 is made
up of the legislative appropriation
of $3,225,00 and the proceeds of the
23-100 mill university tax, namely,
35,575.O3. The state contributed
for special purposes $171, 603.56 as
its share OF the most of caring for
INDECENT patients in the Minnesota
General Hospital, 1908, 415.56 for the
University building fund, and $780,
500 for special service projects that
it asks the University Of Minnesota
to undertake. These include agri-
cultural extension, county agents,
Albert Lea Creamery, Livestock
sanitary board, experiments on low
grade and Manganese bearing iron
ores, and series Of studies in soils,
plant breeding, medical research
and the like.
The University had income of ST.
99,53G77 from student fees and
$378, $500 from the federal gov
eminent, mostly used for agricul-
tural research and extension. The
permanent university fund yielded
S196, 734.11 and the Swamp Land
fund $82,351.90. Trust fund in
come, including the requests, stu
dent loan funds and the like came
to $764,44s0 and the income from
athletics was 1914. 725.05.
Service enterprises and revolving
funds, in which expenditures and
receipts approximately balance each
year, provided receipts of $780,
S23.95. These include cafeterias, the
inter-campus trolley line, dormitor-
les, a cold storage plant, garages,
shops, and the like. Other items
In the total were S171, 603,56 as the
counties share Of the cost Of car
ing for INDECENT patients in the hos.
pital ,s183,79317 as the receipts di-
rect from the hospital pay-patients,
SEQ. 1851 from materials and SER.
vices in the dental infirmary and
$685., 956.O8 from miscellaneous sales
and services :.
The report was late because 1t
was made to conform to new stand
ard accounting practices adopted by
educational institutions over the
country so that they can read each
others financial statements.
Expenses Of education and re-
search, on the side Of outgo, took
s5.243. 141.77, while the expense OF
the service enterprises already men
toned was 1920, 558.34, slightly
more than their income. Admins
tration cost $192, 630.54 general un-
iversity expense $454, 247.01. plant
extension. $607,s41 IL plant oper-
alton and maintenance $685., 1883
and athletic expenditures 1885, 54.-
IL. Expenditures from trust fund
income, including student loans.
Mayo Foundation, Eustis fund and
the like were $465, 051.26
Expenditures totalled $10,264.-
8s776
Although at one time the Univer-
sity Of Minnesota received much the
greater part Of its income from the
state, state appropriations for
maintenance together with the
millage tax now come to less than
the institutions payroll. The state.
however, also provides q building
fund and money for the special