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Salient: Victoria University Students' Paper. Vol. 29, No. 6. 1966.

NZUSA Treasurers meet: Budget Slashed

NZUSA Treasurers meet: Budget Slashed

In a finance meeting last weekend, the constituent treasurers of NZUSA named £4700 as the proper figure for the association's 1966-67 budget.

This represents a £1300 cut from the £6000 allocation which the same treasurers tentatively okayed two months ago at Easter Council.

The committee also approved an expenditure of £1500 to make up the deficit in the accounts of the past year.

As well as adopting a budget, the treasurers received accounts for 1965-66, drawn up by the firm of Mason, King and Co. The accounts were not finally accepted, however, and several items were referred back to the auditors for further investigation.

Apparently, at least £160 could not be accounted for, Among the items to be re-examined, all travel accounts and certain unexplained cheques came under the, treasurers' scrutiny.

The principal items to suffer in the budget cut were some NZUSA seminars and publications planned for the coming year. Among these are pamphlets on race relations in New Zealand and civil liberties and the student.

In addition the executive treasurer was directed to approve all cheques written by the association in future:

After receiving the 1966-67 accounts, the committee rescinded the measure taken at Easter Council of freezing all the association's funds.

Following the investigation by Mason, King and Co., the final accounts for the past year will be received by the treasurers in a balloting by mail, according to David Shand, NZUSA treasurer from Victoria.

Asked if the accounts of the past year would be submitted to a separate audit by an independent firm, as was directed at Easter Council, Mr. Shand said that "the audit may be waived this year, but certainly not in future years."

(See page 6 for a discussion of NZUSA's future now.)