Article

D. C. A. C. Finances

October 1947
Article
D. C. A. C. Finances
October 1947

THE DARTMOUTH COLLEGE Athletic Council closed its fiscal year June 30 with an operating profit of $16,800.05, almost double the 1945-46 surplus. Capital expenditures, however, of $21,836.13 caused a net loss in the General Fund of §4,238.88. The net worth of the Council on June 30 was $39,647.50.

According to the annual report released by Director of Athletics William H. McCarter '19, the operating income in round figures jumped from $182,000 in 1945-46 to $318,000 last year. Notable increases were football ($100,000), basketball ($17,000) and hockey ($13,000). Football income was the greatest since 1929.

Expenses, however, increased from $174,000 in 1945-46 to $301,000 during the last fiscal year. The return of freshman sports added $19,000 to the year's expenses.

Capital expenditures were for stadium repairs, a freshman diamond, new bleachers, and tennis court fences.