47 
Fic. 6. Silver Medal of The Federated Garden Clubs of New York State 
awarded to Ellen Eddy Shaw at their Annual Luncheon, March 14, 1939, 
807) 
FINANCIAL 
Change of Fiscal Year for New York City—Beginning as of 
July 1, 1939, the Fiscal Year of the City of New York, which had 
previously coincided with the calendar year, was changed to begin 
as of July 1 and terminate as of June 30. In connection with this 
change, the Tax Budget appropriation for the first half of 1939 
was determined in November 1937 with the adoption of the Budget 
for 1938, and was made almost exactly one-half the 1938 appro- 
priation. The budget request for 1938 and the first half of 1939 
was submitted in July 1937. Of course, it was difficult to an- 
ticipate requirements nearly eighteen months in advance, but the 
inconvenience was comparatively slight. 
In the appended financial statement the appropriations and ex- 
penditures for the first half of 1939 are given separately (p. 108), 
followed by a similar report for the last half of the calendar year, 
which now becomes the first half of the fiscal year. As shown on 
page 111 of the financial statement, the total of available funds 
for the calendar year 1939 (and, for comparison, 1938) are as 
follows: 
—_— 
1938 1939 Change 
CTper xe BAG re beg ear terme neers ate nes $ 96,125.20 $ 93,597.28 $ 2,527.92 Dec. 
PrivatesFunds® ss.42ei 0082325 123,694.89 100,664.14 23,030.75 Dec. 
MOtal esse aeitan epee $219,820.09 $194,261.42 $25,558.67 Dec. 
