Deficiency of income for general purposes (schedule, p. 7) . Expenditure. 5,735-74 $523,999.60 23, 131.91 $547,131.51 For general purposes (schedule, p. 7) $517,762.89. For special purposes (schedule, p. 8) 18,630.88 Total added to capital of funds (schedule, p. 9) 10,737.74 $547,131.51 SUNDRY CAPITAL RECEIPTS AND PAYMENTS. CAPITAL RECEIPTS. From Gifts and Bequests on capital account (schedule, p. 20) 33,150.00 55,125.00 From Loans paid by borrowers . 1,116.66 From Fees and Deposits in advance 87,890.00 CAPITAL PAYMENTS. For Securities bought (schedule, p. 20) 71,432.50 For Loans made ($800) and notes-payable paid ($19,034.75) 19,834.75 8,834.42 INCOME AND EXPENSE, 1907-08. INCOME. AVAILABLE FOR GENERAL PURPOSES. From Students' Tuition Fees, 1907-08. From Scholarship Fees from Funds From Scholarship Fees from State of Massachusetts, From State of Massachusetts, gift. From United States grant of 1890 From United States grant of 1862 From Rents, net. (detailed schedule, page 10) From Interest on Deposits, general From Gifts, available for Special Salaries, etc. (p. 10) 65,123.30 Remainder, available for General Purposes From Income of various funds, transferred to General Purposes 17,311.29 24,491.82 As follows: Salaries EXPENSE. FOR GENERAL PURPOSES. Department Supplies and Repairs (details on page 10) $56,990.76 Less: Receipts for Breakage and Supplies . $400,083.42 12,964.68 44,026.08 Fuel, Water, Gas, and Electricity Viz.:-Fuel Water Gas. Electricity Repairs, general (details on page 11) Viz.:-Printing catalogues and reports 1,304.54 Printing and advertising, miscellaneous 4,622.64 NOTE. Included in "Repairs" and "Department accounts" are various expenditures for extensions, improvements, and new equipment which have not been added to assets, but have been charged to expense. Similar charges have been made in previous years which have been considered as offsets or allowances for depreciation upon general equipment. |