CONTENTS Page Cover 1 “An Improved Plan of Fiscal Administration," by the Superintendent of Public Instruction, James H. Richmond .............................................. 2 “State Department of Education Inaugurates New Financial Account- ing System for Schools,” by F. D. Peterson, Director of Finance 3-14 “Kentucky Education Association Begins Program of Interpreting the Schools," by Harper Gatton, Chairman K. E. A. Interpretation Committee 15 “Work of Kentucky Education Commission Reaches Final Stage," by James W. Cammack, Jr., Secretary of the Commission .............. 16 “A Catechism of Public Education,” by L. N. Taylor, State School Agent 17-19 “Trends'in the Disbursement of State Revenue" ........................................ 20 LIBRARY UNlVERSlTY OF KENTUCKY Published By m, DEPARTMENT OF EDUCATION ‘ JAMES H. RICHMOND, . Superintendent of Public Instruction Application pending for frequency of issue. ISSUED MONTHLY EXCEPT JUNE,’ JULY, AUGUST Entered as second-class matter March 21, 1933, at the post office at Frankfort, Kentucky, under the Act of August 24, 1912. Vol. 11mm, 0 June, 1933 . No. 4 UNIVERSITY OE KENTUCKX