1961 [pdf for printing]: Board Minutes of the Alabama Polytechnic Institute

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MINUTES BUDGET COMMITTEE
BOARD OF . TRUSTEES, AUBURN UNIVERSITY
Minutes of a meeting of the Budget Committee of the Board of Trustees of Auburn
University held in the Presidentts Office on June 4, 1961, at 2:00 p.a.
Members Present: Hon. Paul S. Haley, Chairman; Hon. Redus Collier; Hono Eo L. Wynn;
and Hon. M. Ii. Moses.
Members Absent: None.
Others Present: President, Ralph B. Draughon and Business Manager, W. T. Ingram.
1. The Budget Committee was called to order by the Chairman at 2:00 p.m.
2. President Draughon presented the proposed budget to the Committee for Auburn
University covering the fiscal year July 1, 1961, through June .30, 1962. During
the discussion following Dr. Draughon I s proposal, it was reCOlDlllended by the
Budget Committee that the wage seale be given turther consideration as some of
the minimum rates seem. excessively low e.nq particularly the item for maids on
an hourly basis at a min:imwB of .35;. After further discussion of the details
of the proposed budget, a motion was made by Hono Col.li.er, seconded by Hon. Wynn,
and ~iJIously passed by the CcIImittee whereby it was requested that the Chair­man
of the Budget Committee submit the prepared budget resolution to the Board
of Trustees for adoption.
.3. President Draughon submitted a propoaal to the Budget Committee to raise certain
stUdent fees effective with the Fall Quarter 1961. This proposal recommended
increasing the College Fees tor Regular Undergraduate Students in all curricula
except Veterinary Medicine to $66.50 per ~ter, and the College Fees tor Students
lklrolled in Veterinary Medicine to 171050 per quarter. It was also proposed to
increase all non-resident tuition to $100.00 per quarter. The Budget Committee
was reluctant to consider this proposal, but in view of the need for additional
tunds for instructional pzrtposes, and upon a motion _de by Hon. Wynn, seconded
by Hon. Collier, and unanimously pas8ed by the eo.1ttee, it was agreed to
recommend the increases to the Board of Trustee8 for con8ideration.
4. There was di8cu8sion concerning an increase in the late t .. for non-payment of
r.ees on 8chedule, but due to the need for more information on this subject the
matter was deterred.
5. President Draughon 8Ul:lldtted the infor_tion obtained from The Housing and Home
Finance Agency concerning the requ:irsents that are contained in a proposed
loan agreement. Atter considerable discussion ot the propesed loan and the aethad
ot financiDg same, a motion was Jl&de by Ibn. Moses, seconded by Hon. Wynn, and
unanimously agreed upon by the Committee whereby the resolution as prepared
covering the loan agreement would be submitted to the Board ot Trustee ••
6. There being no further busines8 to come betore the Budget Committee of the Board
of Trustees of Auburn University-, the meeting was adjourned at 6:.35 p.m.