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KWARC finances continue
to show good support from the membership.
Most recent changes are
revenue from a new class of students (approximately 10 hopefuls) that began their studies
at Mutual Life last Wednesday Feb. 10th.
On instruction from the
executive, I completed a purchase of a one thousand dollar cashable GIC. This action gives
the club some much needed interest revenue as opposed to leaving all our finances in the
bank account earning no interest. It replaces the long term GIC that the club had owned
for many years. That GIC was used to help finance a special 220 repeater project. Our new
GIC is cashable anytime with an 18 month term at an interest rate of 4.55%. At maturity,
it will earn the club $68.25.
With elections of new
officers for the executive positions fast approaching, I am pleased to report that the
treasures post has a new candidate and will be announced in the coming months.
...........here endeth
the bean report.
Details of the previous
month activity follows
de Greg VE3NXB, Treasurer, KWARC Inc.
Account summary since 01/19/1999 till 02/18/1999
| Description |
Amount |
|
| Balance forward |
|
3121.25 |
| Revenues |
|
|
| Previous FY Balance Forward |
|
|
| Group total: |
|
0.00 |
| KWARC Membership |
|
|
| KWARC Membership fees |
105.00 |
|
| Patch fees |
20.00 |
|
| Group total: |
|
125.00 |
| KWARC COARF |
|
|
| Group total: |
|
0.00 |
| Club meeting revenue |
|
|
| KWARC 50/50 draw revenue |
21.75 |
|
| KWARC refreshment revenue |
18.99 |
|
| Group total: |
|
40.74 |
| Cycle Ont. Exp. (Cyclone) |
|
|
| Group total: |
|
0.00 |
| KWARC Education revenue |
|
|
| Class fees |
100.00 |
|
| Group total: |
|
100.00 |
| Reserve (Savings) |
|
|
| Group total: |
|
0.00 |
| Other KWARC revenue |
|
|
| Group total: |
|
0.00 |
| Revenue total: |
|
265.74 |
| Expenses |
|
|
| Bulletin expense |
|
|
| Production exp. |
43.13 |
|
| Postage exp. |
57.78 |
|
| Group total: |
|
100.91 |
| Capital expense |
|
|
| Group total: |
|
0.00 |
| Education expense |
|
|
| Group total: |
|
0.00 |
| General expense |
|
|
| Savings GIC, Bonds (purchase exp.) |
1000.00 |
|
| Group total: |
|
1000.00 |
| KWARC Club Meeting expense |
|
|
| Coffee, donut exp. |
22.98 |
|
| Group total: |
|
22.98 |
| Program Expense |
|
|
| Group total: |
|
0.00 |
| VE3KSR voice repeater expense |
|
|
| KSR telephone exp. |
46.68 |
|
| Group total: |
|
46.68 |
| VE3RCK voice repeater expense |
|
|
| RCK telephone exp. |
46.68 |
|
| Group total: |
|
46.68 |
| VE3IXY voice repeater expense |
|
|
| Group total: |
|
0.00 |
| Special event expense |
|
|
| Group total: |
|
0.00 |
| VE3IC club radio station expense |
|
|
| Group total: |
|
0.00 |
| Expense total: |
|
1217.25 |
| Revenues less expenses |
|
-951.51 |
| New
Balance: |
|
2169.74 |
| Guaranteed Investment Cert |
|
1000.00 |
| [
TOP ] |
THE KILOWATTER
© 1998
Kitchener-Waterloo
Amateur Radio Club
|
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Requests for reuse to
editor@kwarc.org
|
This page updated
February 17, 1999 21:25 |
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