CASH DIFFERENTIAL

this is a phrase used to describe the difference between what a department or organization receives in income and what it directly spends in costs. It does not include funds for research or the support of non-profit activities, gifts, royalties or other matters. It is a clean statement of so many pounds received due to a department's or an organization's activities less how many pounds that department or organization spent for salaries, materials, supplies, printing, advertising, maintenance and a general share of quarters, utilities, and general service. (HCO PL 26 Jun 64)