Every time the Undergraduate Council looks under the cushions of its proverbial couch, it finds money. At last night's meeting, the council voted to spend a newly discovered $2,400 on a brand new computer.
The funds, originally allocated to a previous student government called the 'student council' in 1954, were rolled over to the council when it became the de facto student government in the 1960s.
This year's discovery follows last year's announcement that, because of accounting slip-ups, the council had $40,000 in assets of which they were previously unaware.
Some council members said they were confused about the sudden appearance of the money.
"Have we just been sitting on this money for 45 years?" asked Winthrop house representative Jonathan X. Gruenhut '00.
Technically, the money does not belong to the council. However, as the council is now the official student government of the college, it can spend the money with the approval of the dean of the College.
Council Treasurer Sterling P. A. Darling said he heard about the money from Susan T. Cooke, the College's coordinator of student activities, earlier this year.
"It's always possible that a former treasurer has heard of [the money], but I haven't," Darling said.
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