The First Presidency met with Bishop J[ohn]. R. Winder, Elder R[obert]. S. Campbell and James Jack, at 9:30 this morning, and spent the forenoon in discussing the disbursement of the revenues of the Church. The following schedule was the result, based on the revenue of the Church for 1895, less 10% retained for a reserve fund. It was decided that the income of the present year should be disbursed as near as possible according to the percentages herein set forth as
recommended by the committee appointed for the purpose.
Account Percentage Amount.
TEMPLES:
Sundries 625.00
S.L. City 16000.00
St. George 8000.00
Manti 8000.00
Logan 8000.00 6½ $ 40,625.00
COLLEGES AND EDUCATION 3½% 21,270.00
CHARITY ACCOUNT 6½% 40,625.00
BISHOPS AND CLERKS 10% 62,500.00
LOSSES IN HANDLING TITHES 5% 31,250.00
MISSIONARY ACCOUNT 2½% 12,625.00
COMPENSATION
General Authorities
8% 50,000.00
Stake Presidencies
4% 25,000.00 12% 75,000.00
COLONIZATION 1% 6,250.00
Meeting Houses 1% 6,250.00
IMPROVEMENTS--General 1% 6,250.00
d[itt]o. Stake Storehouses1% 6,250.00
STAKE STOREHOUSE EXPENSES
Including cattle expense,
rents, agents, etc. 3% 18,750.00
EXPENSE, Salary Employees, &c,
President's Office, 3% 18,750.00
TRAVELING EXPENSES, Attorneys, &c
TAXES, &c 2% 12,500.00
SINKING FUND 15% 93,750.00
Expense Bishops, G.S.H. over 10% 2% 12,500.00
INTEREST 15% 93,750.00
Total 90% $559,495.00
[Source: First Presidency and Quorum of the Twelve minutes]
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