# LCMS Convention Proceedings_St. Louis Missouri_1953_S465
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

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Exhibit “C”

BUDGET RECAPITULATION

$2,028,565.49

| 1947 =| 1948
|
Missions _-.-.--__-__ | $1,361,901. 13 $1, 490,114.50) $1,562, 700. 05} $1,601,235.98 $1, 952,789. 67
. Higher Education ..-———__--.___________ ‘995, 134.94 1,161,519.49 21 at 1 301, 201 84 1,475 rr
. Sup ort and Pensions ._.. 474,952.85 582, "356.79
ish Education —-—-——-.......________ 52,072.24 60,076.02
. Stewardship Missionary Education
and Promotion —.—— ~~ ~-~-..---- enn 87,528.63 92,588.29
Administration ~~ ...._____-___________- 152,490.52 140,679.21
Standing ‘and Special Committee —.— 31,212.64 45,941.14

Total Budgét Disbursements —— $3,155,293.55| $3,573,775.44
. Total Budget Receipts ——————___-_— 2,916,171.65 3,467,171.82

. Operating Surplus

$ ——|$ ——
239,121.90| 106,603 .62|

. Operating Deficit — ~~ _._.._

$3,798,384.32| $4,096,778.23 $5,037,961.96

SUBLLVIN TVIONVNIG ©

$ 153,356.86

QOF