The club financial affairs for the month of January are still showing revenue that exceeds expenses. Revenue from new memberships continue to help our cash flow as did the Ham Course fees from the 15 course students As reported last month the greatest single expense so far this year will be for the club insurance, expected to be around the $650 dollar figure and will be paid at the end of January. Current projections show that we will have sufficient revenue to carry us to the end of the current operating year, August 1998. My efforts to minimize excess bank charges has indicated two changes that will accomplish this. One involves payment of our telephone accounts by using the Bell automatic withdrawal plan. This will be implemented over the next two months. The other is to consolidate deposits 73 Greg Hollinger VE3NXB KWARC Treasurer email: ve3nxb@kwarc.org Bank Balance Fwd Dec 24, 1997 $ 2,375.34 INCOME Membership Fees $ 147.50 Patch Fees $ 7.00 Ham Course Fees $ 310.00 50/50 draw $ 20.75 Auction Revenue $ 56.00 Coffee & Donut sales $ 31.43 Income Dec 24 – Jan 24 $ 572.68 EXPENSES Kilowatter Printing $ 60.38 Postage $ 00.0 KSR patch phone lines $ 38.18 Professional, Legal $ 79.79 Coffee & Donuts $ 25.01 Misc. $ 0.96 Bank charges $ 7.22 Expense from Dec 24 – Jan 24 $ 204.32 Income less Expenses 368.36 BANK BALANCE as of Jan 24,98 $ 2,734.70 BACK TO MAIN MENU For treasury information email treasurer@kwarc.org [ TOP ] © 1998 Kitchener-Waterloo Amateur Radio Club Inc. Comments and bugs reports to webmaster@kwarc.org