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Caption: Board of Trustees Minutes - 1920
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306 BOARD OF TRUSTEES Y. M. C. A. CAFETERIA [March 15, (63) A letter from the Comptroller concerning the operation of the University Inn, Cafeteria, and Lunch Room in the Y. M. C. A. Building for January and February, 1919. March 10, 1919 President Edmund J, James M Y DEAR PRESIDENT JAMES: I beg to submit herewith a report of the operations of the University Inn, Cafeteria and Lunch Room in the Y. M. C. A. Building for January and February, 1919. From this it will appear that for the two months the net deficit from all operations is $1,427.66, of which there was a deficit in the month of January of $1,084.91, but in the month of February only $342.75. You will also note that the deficit from the operations of the Dormitory for the two months is $317.38, and that for the operation of the Cafeteria and Lunch Room for the two months is $1,110.28. You will note in the case of the Careteria and Lunch Room that the deficit for the month of January was $1,027.53, while for the month of February it was only $82.75. The leasing of the rooms on the first floor to the Illinois Union will bring an additional revenue of $50 per month for the Dormitory, with practically no additional expenses. I think it is likely that the few rooms in the Dormitory that are now unfilled can be filled for the third quarter. As to the Cafeteria and Lunch Room, it appears from the month of February, after charging all expenses, including a reasonable proportion of rent and a reasonable allowance for depreciation of equipment, that only a slight deficit exists. I think that the condition of the Lunch Room and Cafeteria may be expected to continue to improve. I think it is unlikely, however, that the total operations of the building will show any profit for the six months from January to June inclusive. On the other hand, I do not anticipate that there will be any serious loss. The expenditures for putting the basement in shape for use as a cafeteria and lunch room, after having been used as an Army mess Hall, were $2,338.95. Cordially yours, LLOYD MOREY
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