 | Board of Visitors minutes June 10, 1955 |  |
USES OF STUDENT PUBLICATIONS FEE
President Darden laid before the Board the following letter and statement from the
Comptroller.
Enclosed is a statement for the Cavalier Daily showing expenditures through May 31. You will
note that revenues exceeded expenditures by more than $5,000.
Should the Board see fit to allocate $1.00 of the $5.00 now being charged each student for
student publications to other student activities, the income of the Daily would be reduced by
approximately $3,600 per year. This would still leave them a small surplus to take care of
possible increases in costs.
In addition, projected enrollment increases over the next few years should substantially
increase their revenues with the fee at $4.00 per year.
President
| Balance Forward - July 1, 1954 | $4,787.89 | |
| Receipts: | ||
| Student Fees-Summer Sessions 1953 & 1954 | $ 921.00 | |
| Student Fees, Regular Session 1954-55 | 17,222.50 | |
| Advertising and Subscriptions | 12,443.44 | 30,586.94 |
| $35,374.83 | ||
| Expenditures | ||
| Personal Services | $ 4,664.83 | |
| Repairs | 14.24 | |
| Travel | 38.75 | |
| Communication (telephone, postage, etc.) | 713.61 | |
| Printing and Allied Costs | 18,285.66 | |
| Office Supplies | 256.93 | |
| Other Supplies | 276.27 | |
| Entertainment | 726.64 | |
| Office Equipment | 90.00 | |
| Other Equipment | 45.71 | |
| Miscellaneous | 18.00 | 25,130.64 |
| Balance - May 31, 1955 | $10,244.19 |
The Board resolved that $1.00 out of the total publications fee of $5.00 shall hereafter be
allocated to student radio work or other activities that might appropriately be embraced under the
general heading of publications.
| Board of Visitors minutes June 10, 1955 | |