FINANCIAL STATEMENT. 



The money available for the use of the Maine Forestry Dis- 

 trict for the years 191 1 and 1912 consisted of a balance of 

 $9'57'^-77 from 1910 the assessed tax of $67,922.47 for each 

 year together with sums received from the federal government 

 $9,986 in 191 1 and $6,508.50 in 1912, making a total of $161,- 

 916.21. 



While there was a small balance carried over from 191 1 to 

 1912, there was in reality a large deficiency, owing to the fact 

 that when it was seen that the money available for the use of 

 the Forestry District was not sufficient to pay the fire bills, the 

 timber land owners came forward and paid bills amounting to 

 nearly $50,000. 



The favorable season of 1912, with the few bad fires and 

 little need of patrolling except in isolated places resulted in a 

 saving of about $40,000. Had it not been for the large defi- 

 ciency of 191 1, the balance remaining would make a good re- 

 serve fund, but in paying the timberland owners the amounts 

 due them, the surplus will be entirely wiped out. 



At about the time this report was sent to the printers an ofiFer 

 was made to those to whom the Maine Forestry District was 

 indebted, to settle their accounts on the basis of 80 per cent, 

 there being just about money enough to do that and start 1913 

 free of debt. While a few had acceepted the proposition it 

 was not known what the others would do, and a settlement on 

 the above basis depended upon all accepting. 



A summary of expenditure for the two years follows: 



