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568
FEDERAL RESERVE BOARD
WASHINGTON
address official correspondence t o
the federal reserve board

December %, 193*+
B-1034
SUBJECT:

1935 Budget f o r F e d e r a l Reserve Bank

Dear S i r :
I t w i l l be a p p r e c i a t e d i f you w i l l forward t o the Board, a s
soon a f t e r J a n u a r y 1 as p r a c t i c a b l e , a s t a t e m e n t of t h e budget approved
f o r t h e head o f f i c e and each of i t s branches, i f any, f o r t h e c a l e n d e r
y e a r 1935 w i t h s e p a r a t e f i g u r e s f o r the f i r s t h p l f end t h e second h a l f
of t h e y e a r .

I f any m a t e r i a l changes a r e s u b s e q u e n t l y mr-de i n t h e

budget f o r t h e second h a l f of t h e y e a r the Board should be advised of
such changes on or about J u l y 1, 1935.
The budget s t a t e m e n t a s submitted to t h e Boprd should be p r e p a r e d
i n accordance w i t h t h e sample form a t t a c h e d end should show t o t a l s f o r
each s e p a r a t e u n i t ( d e p a r t m e n t , d i v i s i o n , s e c t i o n o r expense u n i t ) f o r
which s e p a r a t e f i g u r e s a r e shown i n t h e budget approved by t h e b a n k ' s
budget committee.
Very t r u l y yours

Chester Morrill,
Secretary.
Inclosure
TO CHAIRMEN OF THE SEDERAL RESERVE BAMS