# LCMS Convention Proceedings_St. Louis Missouri_1956_S164
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

164 SEMINARIES AND COLLEGES

VII. Financial Management Principles for Synod’s
Colleges and Seminaries
The problem of finance
Elements of the problem of finance (Charts D, E, F, and G,
and Table 8)
Toward a sounder fiscal policy and practice
The principle of multiple use
The principle of balanced development
The principle of preventive maintenance
Current income and expense and capital funds and outlay
Current income and expense
Capital funds and outlay
Equitable student fees at our schools
The general educational fee, or tuition
Dormitory fees, or room rentals
Board
Miscellaneous income
The need for financial aid to students
Administration of student aid

The seven sections outlined here are more fully presented in

the sections following. Wa ter C. Birkner, Chairman
Epcar W. BuENGER
Wa tter Gast, Secretary
Leonarp W. HEDEMANN
JamMEs G. Manz
S. J. Rotu
Martin E. StrieTvER
Wa ter F, Wo.srecut, Executive Secretary

SECTION A

One of the most significant facts about our church body is its
continuous, sustained, and rather impressive growth. This growth
exhibits itself in a variety of directions. Synod’s Statistical Bureau
regularly collects data which are evidence of continuous growth

in total number of souls, growth in communicant: membership, |

growth in number of congregations, growth in number of pastors,
growth in number of parish schools, growth in parish school enroll-
ment, growth in parish school teachers, growth in mission activity
as measured by the establishment of new missions and by mis-
sionary accessions in established congregations, growth in the
instrumentalities and methods of mission activity, growth in
synodical and District administrative structure, and inevitably,
also, growth in number and complexity of administrative problems.

The fact of growth is something which must evoke prolonged

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