age-Eight THE MICHIGAN DAILY Thursday, November b, 19J 7 ~age Eight THE MICHIGAN DAILY Thursday, November ~, I~/) Student Government Council Colby stays at CIA 'WAYNE, MSU CONCUR: DEBRA GOODMAN, President (May 1975, on) DAVID MITCHELL, Vice-President (May 1975, on) ELLIOT CHIKOFSKY, Treasurer (Sept. 1974 to Oct. 1975) DONALD HOUSE, Treasurer (Nov. 1975, on) until Bush okayed (Continuedfrom Page 1) retary William Clements willz It was also disclosed yester- run the department as Donaldt day that Vice President Nelson Rumsfield awaits confirmation.t Rockefeller will end three days Secretary of State Henry Kis- of silence on the Ford adminis-7 singer, meanwhile, denied that tration shakeup with a news he had any discussion with Ford conference this morning, or anyone else in the adminis-1 ROCKEFELLER, w h o an- tration about giving up his job nounced Mnndav th t h did tas secretary of state. FINANCIAL REPORT-30 June 1975 PAG PAGE 1 ICERMAN, JOHNSON & HOFFMAN CERTIFIED PUBLIC ACCOUNTANTS 303 NATIONAL BANK AND TRUST BUILDING ANN ARBOR, MICHIGAN 48108 TO THE BOARD MEMBERS STUDENT GOVERNMENT COUNCIL OF THE UNIVERSITY OF MICHIGAN, INC. (Ann Arbor Campus) ANN ARBOR, MICHIGAN We have examined the accompanying balance sheets of the Operating Fund and the Student Legal Advocate Program of the Student Government Council of the University of Michigan, Inc. (Ann Arbor Campus) as of June 30, 1975, and the related state- ments of income and expenditures and fund balance (deficit) for the year then ended. Our examination was made in accordance with generally accepted auditing standards and, accordingly, is- cluded such tests of the accounting records and such other audit- ing procedures as we considered necessary in the circumstances. In our opinion, the financial statements mentioned above present fairly the financial position of the two funds of the Student Government Council of the University of Michigan, Inc. (Ann Arbor Campus) as of June 30, 1975, and the results of their activities for the year then ended in accordance with generally accepted accounting principles. The financial statements referred to in the foregoing opinion are identified in the contents of this report. Our examination was made primarily for the purpose of rendering an opinion on these basic statements, taken as a whole. The supplementary financial data, although not considered necessary for a fair pre- sentation of financial position and results of operations, are pre- sented primarily for supplemental analysis purposes. This addi- tional information has been subjected to the audit procedures applied in the examination of the basic financial statements and, in our opinion, is farly stated n all material reports in relation to the basic financial statements taken as a whole. Icernian, Johnson & Hoffman Ann Arbor, Michigan October 3, 1975 STUDENT GOVERNMENT COUNCIL OF THE ' UNIVERSITY OF MICHIGAN, INC. (ANN ARBOR CAMPUS) OPERATING FUND BALANCE SHEET--JUNE 30, 1975 ASSETS SE 2 $ 12 1,289 $ 1,301 $ 200 $ 2,120 $ 3,621 IIUIICUM~a~y a L~d e UUnot want to run as vice president in 1976, will meet with reporters at the Executive Office next door to the White House. A spokesperson s a i d Rockefeller! would have no prepared state- ment. While making sure that Colby stays on, Ford did not make any move to hold over ousted De- fense Secretary James Schles-I inger, who plans to leave office this week. Deputy Defense Sec- I HE LAUGHINGLY brushed off reports that Ambassador to Great Britain Elliot Richardson, named by Ford as secretary of commerce, was being groomed to take over Kissinger's post. "Certainly nobody has told me," Kissinger said with a chuckle. He added seriously, "I have had no discussion of any kind about leaving." CURRENT ASSETS Petty cash Accounts and loans receivable Total current assets DEPOSIT U. S. Post Office-bulk mail RESTRICTED ASSET Reserve for administrative assistant overtime $ $ $ * i 1 1 l 'Ufavors decision (Continued from Page 1) SOME CRITICS of the deci- and that the elected boards of sion have pointed out that re- the universities would remain gardless of the autonomy the the "final authorities" in de- universities may have, the leg ciding on internal programs. islature's ability to allot their Governor Milliken's SpecialI budgets from year to year Assistant on Education James gives them far greater power. AessaithEdatinyone Jads University Vice - President Phelps said that anyone read- Richard Kennedy said "One ing the state constitution "could hagetheestendecision." ' way that some people have put it is 'Autonomy and 15 cents will "THE MOST intriguing part get you a cup of coffee.' The about it," said Phelps "and this University cannot run off and was expressed in both the ma- expect to have autonomy every- jority and minority opinions was where. The legislative role in the message: 'Boys and girls, funding is terribly significant you have to learn to play the and will require our complete game together.' This was, asI cooperation." gae itthe r.'lTisomsfasheBut University Prsesident Rob- sde ist the eal wisdm o theben Fleming affirmed his be- have to work together if there's lief that the state will be rea- t e hatrogTetdecision i' sonable in funding and said, to be harmony. The deisrn ng." "The legislature is not capri- that sense was a warning.'' . cious. Once you know who has University attorney Roderick the power, you don't try to in- Daane said he was pleased by ade each other's territory. We the decisio but not sulprised, contend that with all the other "In terms of legal priciples kinds of interests they have, laid out by the case, it is a vic- tory," Daane said, "but the they can't be close enough to tr" anu thethe operation to do as good a case is an affirmation of the job as we can." position the court has held the IN THE EYES of most offic- last 150 years . . . I'm not in- .iNtheeYEsofot ofic- lind t shut"Victory" but mIas the case has not essentially cined to shout changed the relationship be- we are pleased." tween the three bodies but has Wayne State University attor- reaffirmed where the power ney Byron Higgins echoed la. ' a lay. I LIABILITIES AND FUND BALANCE (DEFICIT) LIABILITIES Combined University accounts, overdraft Accounts payable Due to Student Legal Advocate Program RESERVE FOR ADMINISTRATIVE ASSISTANT OVERTIME FUND BALANCE (DEFICIT) $ 4,943 394 2,737 $ 8,074 $ 2,120 $(6,573) $ 3,621 WA NTED ! SINGLE GRADUATE STUDENTS AND YOUNG PROFESSIONALS to enjoy fun, food, fellowship, and good times to- gether. Give us a try if you want to qet to know some more people! . WE MEET THURSDAY NIGHTS AND OTHER TIMES. THE WESLEY FOUNDATION CALL US FOR DETAILS--668-6881 MenalHelt RseachIntiut I See notes to financial statements on page 8. U I PAGE 3 STUDENT GOVERNMENT COUNCIL OF THE UNIVERSITY OF MICHIGAN, INC. (ANN ARBOR CAMPUS) OPERATING FUND STATEMENT OF FUND BALANCE (DEFICIT) Year Ended June 30. 1975 PAGE 4 STUDENT GOVERNMENT COUNCIL OF THE UNIVERSITY OF MICHIGAN, INC. (ANN ARBOR CAMPUS) OPERATING FUND I Mental Health Research Institute SEMINAR SERIES NORMA DIAMOND Department of Anthropology, University of Michigan "TAIWAN'S NEW MIDDLE CLASS: URBANIZATION AND FAMILY" Examination of family roles and organization with particu- lar reference to roles of women and husband-wife ties in modern Taiwan. THURSDAY, NOVEMBER 6, 1975 JEMINAR: 3:45 p.m., Room 1057 MHRI TEA: 3:15 p.m., Room 2059 MHRI Daane's sentiments saying The decision was a pragmatic one. It pointed out that the legisla- ture has a direct interest in what the university does but both sides have to be able to work together." DEC.GRADs To attend Commence- ment, you must order a cap and gown, by Nov.14 at university cellar As Kennedy said, "The whole principle of academic freedom was involved. This issue has come up time and time again In any political context there's always the temptation by people to attempt to control freedom. Those kinds of free- dom are the whole principle on which the university exists." INCOMEc Tuition assessment fees Health insurance service fees Miscellaneous Total income- EXPENDITURES Allocations and grants (Page 4) Office (Page 5) - Election (Page 5) Student Organizations Board Central Student Judiciary Executive (Page 5) Miscellaneous (Page 5) Total expenditures Income over expenditures u a , 17 . $ 31,663 5,200 4 $ 36,867 $ 16,145 8,025 5,905 181 366 510 1,209 * 32,341 $ 4,526 EXPENDITURE DETAIL ALLOCATIONS AND GRANTS Ann Arbor Fifth Estate Ann Arbor People's Bicentennial Committee Ann Arbor Tenant's Union Black Christian Nationalist Conference Black Political Conference Child Care Action Center Community Values Lecture Series East Wind Food Action Coalition Frame-up Film Festival-Project Community Future Worlds Lecture Series Gay Academics Union Graduate Student Newsletter Group on Latin American Issues Indochina Peace Campaign Jamaican Student Organization Madison Street Entertainment Committee Memorial Fund for Mrs. M. Rinkel Michigan Fair Tax Campaign National Student Conference Against Racism Native American Events-Social work S. U. Radical Student Union Red Cross-Honduras Disaster Relief Regents Candidates Night Seymour Hersh Lecture-Pilot Program Spartacus Youth League Spiritual Community of the Sun University Housing. Council Voter Registration-City Charter Amendment Drive Year Ended June 30, 1975 $ 300 300 500 300 200 6,600 200 669 300 125 1,000 350 500 450 500 150 300 25 300 1,211 400 200 100 40 300 150 175 300 200 $16,145 if you see it ~~ news STATEMENT OF FUND BALANCE (DEFICIT) Year Ended June 3, 1975 HUNTING SEASON EXTENDED Due to an unexpected, tho welcome, display of enthusiasm for appts. the MICHIGANENSIAN has scheduled an additional week of senior por- trait shootings. Appts. are being '"taken for MONDAY, NOV. 10-FRIDAY, NOV. 14 call 76-DAILY happen Balance, beginning Income over expenditures Balance, ending (Notes 2 and 3 $(11.099) 4,526 $((6,573) it _.I I1WALLABEE See notes to financial statements on page 8. U Pd PAGE 5 STUDENT GOVERNMENT COUNCIL OF THE UNIVERSITY OF MICHIGAN, INC. (ANN ARBOR CAMPUS) AGE 6 EXPENDITURE DETAIL (Concluded) OFFICE Salaries and fringes. Stationery and supplies $ 1,800 Less reimbursements (104) } Equipment Telephone Less reimbursements Miscellaneous Postage Less reimbursements Reimbursements for Student Legal Advocate share of office expenditures Reimbursement for elections charges ELECTION - Fall, 1974 election Winter, 1975 election Less reimbursement from University Housing Council $ 1,979 (770) $ 1,446 (1,334) Program $ 3,300 (300) Year Ended June 30, 1975 $ 5,819 1,696 167 1,209 433 112 is (1,306) (105) $ 8,025 $ 2,799 3,000 106 $ 5,905 $ 10 500 $ 510 $ 783 377 49 $ 1,209 STUDENT GOVERNMENT COUNCIL OF THE UNIVERSITY OF MICHIGAN, INC. (ANN ARBOR CAMPUS) STUDENT LEGAL ADVOCATE PROGRAM BALANCE SHEET-June 30, 1975 ASSETS University Account Due from SGC Operating Fund MICHIGANENSI AN U-M's Year in Review Call 764-0561 $14,666 2,737 $17,403 from 6-8 p.m. Hendrn$de in Ireland MAKE AN APPT. NOW 'l i I I I LIABILITIES AND FUND BALANCE LIABILITIES Accounts payable FUND BALANCE $ 2,000 $15,403 $17,403 What Roots has You can patent a sole, as Earth Shoe has. See notes to financial statements on page 8. .makes< Y con crete 'feel like grass MEN'S Sand or brown suede; black, brown or wite calf $38.00 Boot style: sand or brown suede . . .$... . 40.00 WOMEN'S Sand or brown suede; brown or white calf...... $36.00 Computer file maintenance EXECUTIVE Michigan corporation annual report filing fee Position schedule bond MISCELLANEOUS Health Insurance Program - mailings University committee appointment and advertising Summer orientation representative You can copy it and sell it for less as others have. But you can't patent comfort, and quality and beautiful which is what you get in a pair of Roots' Beautiful top-grain Canadian leather. Beautiful stitching and workmanship and detail. A sole that cradles your heel and supports your arch. And above all, caring. The people who make and sell Roots really do give a damn about comfortable and handsome and you. And it shows. Compare us with Earth Shoes or Nature Shoes or Exersoles or anybody and you'll get the picture. You'll pay a bit more for Roots. Because Roots are more. Buy a pair and you'll love them "B" kind tofe They outnumber people tw to one" for a long time. PAGE 7 STUDENT GOVERNMENT COUNCIL OF THE UNIVERSITY OF MICHIGAN, INC. (ANN ARBOR CAMPUS) STUDENT LEGAL ADVOCATE PROGRAM STATEMENT OF INCOME AND EXPENDITURES Year Ended June 30, 1975 INCOME Tuition assessment fees Donations and miscellaneous $21,109 235 $21,344 PAGE 8 STUDENT GOVERNMENT COUNCIL OF THE UNIVERSITY OF MICHIGAN, INC. (ANN ARBOR CAMPUS) NOTES TO FINANCIAL STATEMENTS June 30, 1975 Note 1. SIGNIFICANT ACCOUNTING POLICIES Student Government Council of the University of Michigan, Inc. (Ann Arbor Campus) is a non-profit Michigan corpora- tion, formed in 1955, now operating with perpetual existence. The statements, are presented on the accrual basis of ac- counting. This basis provides for the recognition of income when earned and expenditures when Incurred. Note 2. CONTINGENT RECEIVABLES AND PAYABLES There are several lawsuits in progress between the Student Government Council and various past officers of the organi- zation. The suits seek an accounting of the Council's funds while these officers were in office. The suit against Jacobs and Schaper (SGC President and Treasurer, respectively in 1972-73) seeks an accounting of approximately $42,000, and the suit against Gill (SGC President in 1973-74) asks for an ac- coumtinr of annroximatel'v$16000. Student Government Coun- TOTAL INCOME EXPENDITURES Legal -- general Legal - service fees Assistant Legal Advocate salary Allocations to campus legal aid branch TOTAL EXPENDITURES $ 2,249 5,065 530 2,000 $ 9,844 41trnn M ACT'C I I -I M ' i1