Report of the Board of Directors for fiscal year ending April 30, 1915

1915 ◽  
Vol 34 (6) ◽  
pp. 1351-1368
1981 ◽  
Vol 28 (8) ◽  
pp. 49
Author(s):  
Joseph J. Stipanowich ◽  
Elden B. Egbers ◽  
Stuart A. Choate ◽  
George Immerzeel ◽  
Joseph Crosswhite ◽  
...  

Each year it is the responsibility of the Financial Policies Committee (FPC) to prepare and to recommend to the Board of Directors a balanced budget for the next fiscal year. The budget as submitted or as modified to reflect the priorities of the Board is adopted and becomes a plan for use of the revenues available during that fiscal year.


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