# LCMS Convention Proceedings_St. Louis Missouri_1929_S175 # Machine transcription, uncorrected — CHI Digital Archive (demonstration) and Other States, 1929. 179 Ev. Luth. Synod of Missouri, Ohio, Mindful of these distressing circumstances, your Committee ed it its task to develop ways and means whereby future large 2. Your Committee gave much thought to the am H idee Synod’s various funds at the end of the respective fiscal the budget should be fixed for the next three Years. O Unt at Which sfcits ight be avoided. Our recommendations are predicated on this we have the experience of the last ty, years duri, he han years mR esolutions A-3, A-4.) a ? " i remise. request for theme ' von & aan m the other wel vue c. Colleges and Seminaries, riennium averaging ab 4 lave . ; e feel that Synod should not appropri i the fr Per annum, 1. For synodical buildings your Committee recommends a budget ut that, by more consecrated, intelligent intensiy oft eSteq $1 000,000 for the triennium, although the aggregate of all requests should be Increased Hence, your Committee rec ne ort eceipt f voximates $2,600,000. (Resolution B.) At first glance it would annual budget of approximately $9759 000. ( men Verage appear as though your Committee had acted rather arbitrarily and in utter disregard of the requests before you. Yet, your Committee selieves that it has acted in the Spirit of its instructions and in the best interests of Synod in making its recommendations. It must be borne in mind that we encourage Separate and distinct methods lead- ing to the disposal of the items of professors’ residences, minor repairs, and minor improvements, calling for a total of approximately Committee that $2,000 000 $630,000, and leaving requests for new buildings and other items Group “4.” (Resolution B.) 4. Group “B» has been relieved of “Minor Re Improvements” because these items sh the state of the treasury +. 33 _ Pairs” and “Minor , hich in all robability wil] accrue to the credit of ould not be conti more or less, which in p y buildings during the year 1999. Hence Synod might be justified in appropriating building items aggregating $1,250,000. 5. We also call attention to the term “All Mission Buildings» aggregating $2,000,000? To begin with, we have already pointed out i our reasons for the maximum synodical budget previously suggested. The acceptance of that budget makes necessary the limiting of ex- penditures for buildings. We believe that Synod can well remain within this limit of building appropriations if it will be guided by the following principles : — b. Indebtednegg, 1. During the years 1922-1997 Synod Operating accounts aggregating $750,000. This debt w. because the receipts did n, First. We believe that major repairs necessary to keep Synod’s present properties in q serviceable state should have first considera- tion. Our present buildings wil] best serve their Purpose for the longest possible period of time if repairs are made Promptly, thor- oughly, and substantially. The proposed budget can take care of all necessary major repairs, Secondly. We hold that, although the reasons for making an appropriation for a new building were apparent and convincing in 1926, these Same reasons may not be so apparent or convincing to-day. Hence, if an appropriation was made for a definite project in 1926,