SOCIETY AFFAIRS 



Report of the Treasurer for the Year 1917 



In this report it has been necessary to estimate liabiHties in a couple 

 of instances, so that the sum ($690.48) which represents excess of 

 assets over liabiHties is doubtless not absolutely correct. It is, how- 

 ever, not far from the mark. As in 1916, the budget system of allot- 

 ting funds for expenditure was followed and in the main has proved 

 satisfactory. It has not in several cases operated to keep expenditures 

 within the amount originally allotted for the purpose. The amount 

 allowed for publication and distribution of the Journal was $4 for 

 each active member of the Society and all receipts from the sale of 

 back numbers and separates of the Proceedings and Journal and from 

 subscriptions, or an estimated total of $3,000. Additional estimated 

 returns of $465 were allotted for expenditure to the various activities 

 shown in the table, "Comparison of Estimated and Actual Receipts 

 and Disbursements." The actual disbursements as shown by this table 

 exceeded in four instances the estimated or the amounts allotted in the 

 original budget. Authority was secured from the Executive Council 

 to increase these allotments sufficiently to take care of the increased 

 expenditures, and also to set aside from the reserve fund a sum of $75 

 to cover the cost of a military census of foresters in the United States. 



The salient features of the financial condition of the Society are indi- 

 cated by the figures in the accompanying statements. The excess of 

 assets over liabilities is $690.48, as compared with $581.15 at the end 

 of 1916, an increase of $109.33. A number of factors have contributed 

 toward only a small increase in the balance. The receipts from annual 

 dues were $86 less than anticipated. There was an unforeseen ex- 

 penditure of $29.53 foi" a military census of foresters. The Editorial 

 Board exceeded its allotment by $214.90; and the postage, stationery, 

 and Academy of Natural Science allotments were exceeded bv $19.38, 

 $29.37, ^"d 85 cents respectively. 



A number of resignations from the Society and failure to pay dues 

 by fourteen other members cut down the estimated receipts from this 

 source. 



Increased costs of printing and the necessity for changing from an 

 unsatisfactory printer to a satisfactory, but more expensive, one Iiad 



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