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Salient: Victoria University Students' Paper. Vol. 28, No. 12. 1965.

Tournament's Loss Unknown

page 4

Tournament's Loss Unknown

Salient Reporter

'I'll see this when I believe the accounts'

"Financially, tournament was much of a shambles," association treasurer Kevin Tate told last week's SGM.

He said that it would probably make a larger loss than was budgeted. (The budgeted loss was £500 on Sports Tournament and £200 on Arts Festival).

This was challenged by the Tournament controller. Alister Taylor, who claimed that the loss would not be as great as the budgeted one.

"I'll see this when I believe the accounts," commented Tate in one of the more original comments of the evening.

He told the meeting that Victoria students would pay about £850 this year to NZUSA, plus unbudgeted expenditure which already amounted to about £80.

Alister Taylor, speaking this time as NZUSA president, said the latter figure was "not half what the treasurer stated," and said that the unbudgeted expenses would be paid for by expanded travel schemes.

Former treasurer Tony Ashenden asked. "What about the budgeted unbudgeted expenditure as opposed to the unbudgeted unbudgeted expenditure?"

Cultural club's applications for grants were below the amount available for distribution to them. Mr. Tate said.

He said that many clubs had not applied, and that many of the applications had been so informal as to be invalid.

On the A-Frame house project he expected a loss of between £200 and £250. Alister Taylor claimed the loss was more like £850, but Tate said the former figure was the opinion of the solicitors involved.