What is CURRENT EXPENSES?

Ordinary, regular, and continuing expenditures for the maintenance of property, the carrying on of an ollioe, municipal government, etc. Sheldon v. Purdy, 17 Wash. 135, 49 Pac. 228; State v. Board of Education. 08 N. J. Law, 490, 53 Atl. 230; Babcock v. Goodrich, 47 Cal. 510.

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