3.



Extt;nsion Division
   Income to February 28, 1922 .               $239,513.44
   Income for March 1922 ....     ....           2,427.81

   Expenditures to February 28, 1922 .........       204,496.82
   Expenditures for March 1922.                  25, 6503

   $xcess of Income over Expenditures ..
   1920-1921 Bills Receivable Collected (State Warrants) ,,.
   Excess of Receipts over Expcnditures.
   Cash in Bank July 1, 1922 - Extension Division        ;.
   Cash in Bank March 31, 1922 - Extension Division .

   Estimated Receipts and Expenditures from
      April 1, 1922 to Juno 30, 1922

   Receipts
      Experiment Station .....................        80,000.00
      Extension Division .     ..    ..........  44,478.85
      General Fund
         State Tax ........                       6,700.00
         Gencral Education Board.         .900.00
         Special Agrioulture Appropriation ...         3,900.00
         Interest on Liberty Bonds .850.00
         Social Hygiene Board.......              3,310.86
         Government Student Fees .............        10,000.00
         Miscellaneous.......    ,  .,..           1,000.00



Expenditures
   Experiment Station .....................
   Exte1ision Division .....................
   General Fund ..........................



70,000.00
83,174.88
140, 000. 00



z68, 941.25



230,26i.85

38, 679 .40
28 ,651.99
67,331; 39
(a,8635 . 36)
-_38, 696. 03



151,139.71



2595  174.88



Excess of Expenditures over Receipts .................. (142,035.17)
Balance in Bank March 31, 1922 ....................... - 20,239.68
Estimated overdraft June 30, 1922 .................(121, 75.49)

Receipts in July applicable to 1922 year and de-
   ductable from University debt ..    ...... .           40,000.00
Leaving net debt estimated July 1, 1922 .......     .......  81,795.49



Figures in .( ) are written in red.