6.
shall not proceed to make any expenditures for new expenses, purchase of property,etc., without authority from the Board . (f) I 11 case any work is partial¥y supported by receipts upon the field, these receipts shall be carefully estimated and stated. The to- tal estima.,tsd cost shall also be stated. Cnly that amount necessary to make up the difference between cost and field receipts shall be asked for from the Board. It will not be feasible- for the ·Board to n1ake additional a~propriations for such work, toward the close of the fiscal year, on re- presentations that estimated field receipts have fallen below expecta- t ~-ons. However, the usual privilege v1mll apply, that transfers of unused appropriati011s for other items in :ghe apf}Pe-P· ~at ·!-'ons fpf may be made up to the end of the fiscal year. (g) If the accounts for any such work at the close of the fiscal year show a deficit, this must be reported and must either be made a fir~ charge against the funds availab1a in the new fiscal year, or: must be covered by savings reported by the ~Iission business Iu1anager in a sta..te– ment of exolanation which he sha ll forward to the Board with the Annual ... Report. Should the actual receipts exceed the estimated receipts the gain shall accrue to the Treasury of the Boa~d, save that when the excess is due to an unforseen enlar3ement _,f the v1orlt, due, for example, to more paying students in the school, it shall be allowable to apply ~p~~ so much of the excess as is necessary to meet the increased cost of the w ~rk due to thisenlargement. (But this shall not be understood to entail upon the Board any obligation to increase grants from its Treasury for the work.
Made with FlippingBook Annual report