Synodical Conference Convention Proceedings St. Louis, Missouri — 1958, Page 131

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Lutheran Synodical Conference, 1958 181

5. Repairs — $500. Occasional small but necessary repairs to chapels,
schools, and parsonages. :

; 6. Concordia Seminary Summer Course ~ $500. In line with the
wishes of the Synodical Conference, several workers are given the
opportunity to improve their education by attending summer school
each year.

7. Interest Paid — $450. Provision for interest paid to Missouri Synod
on 1952 CFC Loans.

8. Sundries — $3,500. This item includes moving expenses of candi-
dates, Sunday school literature, emergency grants, and other miscel-
laneous expense.

9. “Missionary Lutheran” — $1,800. The editorship of this paper is
now being carried on by the Executive Committee of the Missionary
Board. However, subscription rates are not adequate to cover all pro-
duction costs, cuts, plates, and the like. Hence this subsidy is still
required.

10. Immanuel Lutheran College — $51,000. The current budget of
this college calls for:

Instructional Staff Salaries 22 $41,656
Plant Operation _ 13,734
Other Administrative Expense _.....--—-- 3,670
$59,060

Anticipated receipts for
Tuition and Dormitory Rent _W.... — 8,060
$51,000

The Missionary Board is still endeavoring to secure the services of
a dean at Immanuel Lutheran College, and allowance for his salary
has been included in the budget request for faculty members.

11. Alabama Lutheran Academy — $50,000. This institution’s budget
includes the following classifications:

Salaries for 11 faculty members _...................... $31,640
Plant Operation _...- 12,430
Administrative Expense _.._. 7,750
Equipment and Supplies 1,680

$53,500
Less Estimated Recipts 2202000... eseseeceneeeeeeeeeeneee - 3,500

$50,000

12. Administrative Expense — $19,000. Salaries and general office ex-
penses.

13, Audit Expense — $750. The Missionary Board has resolved to
continue its practice of having annual balance-sheet audits prepared
by independent public accountants. In addition, the internal auditor
of The Lutheran Church — Missouri Synod is presently preparing audits
of the two college operations at Greensboro and Selma.

14. Board Meeting Expense — $3,000. This item covers traveling,
hotel, and incidental expenses of members of the Plenary Board for three
meetings, and the expenses of the Executive Board, which meets in
St.Louis monthly, and special meetings by the Executive Committee.

15. Field Secretaries —0. This item eliminated from the budget.
16. Synodical Conference Convention Expense — $8,000. Includes
travel and housing expenses of synodical officials and advisory delegates

attending the convention; also cost of printing and mailing the books
of Reports and Memorials and PROCEEDINGS.