The Treasurer and Controller reported that the main factor influencing, the aggregate increase of $28,010 in receipts was the provisional inclusion Jof a special contribution of §20,000 from the French Authorities for the year 1939 similar to that made. in respect {0.1938, Should this contribution not be forthcoming it would be necessary to adjust the estimates in order to confine the cost of the Orchestra to the authorized limit of $200,000. Tt was observed that Jappropriation of $12,000 was provided elsewhere in the Budget for the rental of the Concert Hall. This constituted fan extraneous charge not covered bby the "annual grant as originally authorized, Members were informed that a contribution of $20,000 towards the upkeep of the Orchestra and Band would be "forthcoming from the French Authorities during the coming year.
was unanimously agreed that subject to any necessary further adjustments by the Treasurer and Con-roller in conjunction with the Con-Jductor, the Annual Estimates of the JOrehestra and Band for 1999, totaling Jo net figure of $186,450, be approved for submission to the Finance Committee, The members of the Business Sub-[Committee of the Orchestra and Band Committee were thanked for their ex-Jeellent work during the past year,
Text read from the printed page and cleaned; old type leaves the occasional error.