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Page 40 text:
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Page 39 text:
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-In --1 ' ' A Check an the Exclwquvn The i955-56 school year was one oT The besT Trom The Tinancial viewpoinT in The hisTory oT The school. One oT The largesT budgeTs ever approved by The sTudenT council regisTers The success oT The council in locaTing sources oT revenue. i STudenT body Treasurer Jack Saxon and college accounTanT Olive Gullison give The books a workouT. STudenT body card sales soared To a new high oT l,347. The snack bar was a veriTable gold mine. The apple ma- chines were busier Than ever. A size- able reserve Trom lasT year made iT a brighT season Tinancially. While The budgeT lisTing below is noT inTended To be a compleTe accounTing, iT will show roughly where The money came Trom and where iT wenT. ATHLETICS: 53.00 Trom each sTudenT body card was auTomaTically seT aside Tor aThleTics. All oTher aThleTic Tunds came Trom The sale oT TickeTs To games and were noT accounTable in The sTudenT budgeT. THE COLLEGIAN: The school paper expecTed expenses oT 5I,630.00 mosTly Tor phoTography and engraving. ExpecTed income was esTablished aT only 5630.00. The council seT aside 5l,000.00 To balance The paper's budgeT. EL RECUERDO: The yearbook looked Torward To expenses oT 5I I,555.00, buT income oT only 56,850. Approxi- maTely 5I,000.00 oT The income came Trom adverTising, The oTher 55,850.00 Trom The sale oT yearbooks. The Council voTed 54,705.00 SNACK BAR: The dispensing oT hamburgers, hoT dogs, shakes, cokes, eTc., was expecTed To bring in 52l,000.00 during The I955-56 school year. Expenses, mosTly Tor supplies and The Tood To be serve., was seT aT 5l7,000.00. leaving an expecTed proTiT oT 54,000.00 Tor The year. The snack bar acTually did much beTTer Than expecTed and The Tinal proTiT is now esTimaTed aT near 57,000.00 INCOME ITEMS ONLY: The Council expecTed To sell T250 sTudenT body cards aT 58.00 each which would bring The expecTed ToTal To 5l0,000.00. Since card sales were acTually over l300, more money Than was anTicipaTed rolled inTo The sTudenT Treasury This year. The only oTher iTem in This caTegory was The expecTaTion oT 5l.000.00 Trom renTal oT caps and gowns. EXPENSE ITEMS ONLY: The Council appropriaTed The Tollowing sums Tor acTiviTies which had no source of income: awards, 5I00.00g ColT band, 5l90.00: ColT debaTe, 5l25.00: general sTudenT body supplies, 5550.005 iunior College sTudenT governmenT conTerence, 5500.007 miscellaneous, 5200.005 MusTang band, 5l38.00: MusfTang debaTe, 5500.001 promoTional acTiviTies oT sTudenT associaTion, 5250.005 rallies, song and yell leaders, 5300.001 social acTiviTies, 5500.00. RESERVES AND SURPLUS: The sTudenT body Treasury conTained 58,827.I8 when The year sTarTed. ATTer appro- priaTions and budgeT allowances were made, The Treasurer esTimaTed The surplus would amounT To 5l I,08o.l8, an increase oT approximaTely 52.40000 during The year. Page 35
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Page 41 text:
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