The following is the report summary from our auditor Brian Gingel VE3BWG. A detailed examination of the K.W.A.R.C. Financial Documents for the year 1997 - 1998, subject to the notes below, indicates that the August 20th. 1998 Bank Account value of $1746.60 is a true and accurate picture of the K.W.A.R.C. funds as of that date. It has not proved possible to resolve the difference of $69.65 between the K.W.A.R.C. Bank Account value and the K.W.A.R.C. Computerized Chronological Activity Report, when both reports have been adjusted to the same date-line of August 20th 1998. (NOTE from Treasurer) Half of this surplus balance was due to an undocumented Bank Credit. The amount of $69.95 has been taken into revenue as listed in the adjacent statement. Submitted by Greg Hollinger VE3NXB KWARC Treasurer email: ve3nxb@kwarc.org Bank Balance Fwd May 24, 1998 $ 2,145.89 INCOME Membership Fees $ 535.00 Patch Fees $ 95.00 50/50 draw $ 25.75 Coffee & Donut sales $ 34.58 Income April 24 - May 24 $ 759.98 EXPENSES Kilowatter Printing $58.65 Postage $ 183.26 Phone Patch (BELL) $140.98 Misc. Expenses $20.28 Field Day Expenses $ 300.00 Meeting Room Rental $ 350.00 Repairs to KSR Antenna $ 429.55 Coffee & Donuts $ 24.63 Expense May 24 - Aug 31 $1,56.43 Income less Expenses (-$796.45) BANK BALANCE Aug 31,98 $1,399.44 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