The Budget

Dartmouth's overall expense budget for 1975-76, approved by the Trustees at their November meeting and also scrutinized by the Council on Budgets and Priorities, amounts to just under $57.3 million. That figure includes scholarship aid, all of the operations of the undergraduate college and the three professional schools, and business activities related to the College.

If Dartmouth's gross revenues come out as calculated in the 54-page budget document, the College will show a "gain" for the year of $3,000. However, nearly $9 million of endowment utilization will be required to reach a slightly better than break-even budget.

Expenses for this year are reckoned to be up approximately $3.5 million from 1974-75, a 6.4 per cent increase. Revenues are planned to keep pace. (Last year Dartmouth spent $531,000 less than budgeted, permitting the expected use of $2.25 million in quasi-endowment funds to be reduced by that amount).

The two largest entries in this year's expense budget are instructional costs for arts and sciences, including Hopkins Center, and the general category of business management, both at approximately $13.5 million. On the income side student fees are expected to produce slightly more than $18 million and "direct revenue" - including items ranging from library cards and computing service for outside users to football tickets and Hanover Inn bar chits - will probably provide slightly more than $13.5 million. Among individual cost centers, gross expenses for development and alumni affairs have been set at $1.7 million, Hopkins Center at $1.1 million, athletics at $1.7 million, libraries at $2.5 million, computer services at $1.7 million, and health service at $1.4 million. Total compensation for Dartmouth's 2,300 regular employees will amount to $31.2 million.

The following tables show anticipated expense and revenue for the current year:

Gross Expense

Administration $ 3,053,000 Instructional 13,525,000 Student Affairs (incl. libraries, athletics & computer services) 9,580,000 Business Management (incl. plant, auxiliaries and Hanover Inn) 13,449,000 Special Items 221,000 Medical School 9,909,000 Thayer School 1,640,000 Tuck School 1,970,000 Scholarship Aid 3,936,000 $57,283,000

Gross Revenue

Student Fees $18,122,000 Endowment Utilized 8,936,000 Gifts & Reserves 3,922,000 Alumni Fund 4,200,000 Sponsored Support (funded research, etc.) 8,567,000 Direct Revenue 13,539,000 $57,286,000

To prevent book losses, access to Baker'sstacks is now by card-activated turnstile.