University of Virginia Library

ATHLETICS RECEIPTS AND DISBURSEMENTS

Mr. Berkeley, as Chairman of the Athletics Committee, laid before the Board copies of
"Intercollegiate Athletics Report of Receipts and Disbursements For the Period July 1, 1955 to
June 30, 1956". Inviting the Visitors to examine the Report, Mr. Berkeley called attention to
an excess of $6,871.92 of disbursements over receipts in 1955-56 and to a net surplus of
$8,904.28 on 30 June 1956 resulting from a net surplus of $15,776.20 as of 30 June 1955. The
Secretary, Mr. Berkeley said, would submit the Report in triplicate to the Director of the Budget,
and file the fourth copy.