University of Virginia Library

Expenses

The expenses of Council are in excess
of the funds which are available. Known
costs now total almost $2800 but this does not
include a debt which was incurred during last
spring's John Mayall Concert. According to Mr.
Mannix this debt, which is still being challenged
by the Council, could very easily run between
$750 and $1150.

What may prove to be the saving grace for
the Council is the fact that the Mayall debt is
payable over a three year period and some
other payments may be held over until the
second semester when additional funds will be
available.

However, a problem does indeed exist since
the Council may be expected to run a minimum
deficit of nearly $225 for this semester.

In an effort to prevent any more "poorly
run" elections such as the one held in the
College and Engineering School just before
Christmas, the Council adopted a new series of
regulations governing election procedures. It
was felt by some members of the Council that
this might help eliminate many of the charges
and counter-charges which have almost become
a standard part of University elections.