Welcome to my first report as your new treasurer. I'll try to keep you informed as to the financial health of the club, picking up where Greg left off with the last report which ended at May 27, 1999. This report simply takes the balance on the second last line of that report, lists the activity since then and reports the new balance. My next report will reset the opening balance you see to be the actual balance reported by the bank on August 13, 1999 (the date I assumed the reigns, and conveniently the date of the last bank statement) which is only $8.70 less than the balance at the bottom of this report. However, I will also be including the total of the petty cash on hand so we will have an up-to-the-penny balance. As some of you know, for the past two years we have been using an all-electronic ledger system resident in the database on the club's web site. This method has proven perfectly accurate for the past two years so I will be basing these reports on that. If you have any questions about the club treasury please do not hesitate to send me an email or approach me at any club meeting. A note about the seemingly large reduction in the balance: The largest expense in this period was for the purchase of a weather station which was attached to the APRS node on the Baden hill (you can see the fruits of this effort at http://www.kwarc.org/ksrwx.html). The expense came in during this period but the offsetting transfer of funds from the WWPUG account did not occur until August 16 and will be shown on the next report. The actual current bank balance plus petty cash on hand is $2089.18 as of this September 5. de Dave VA3DGS, Treasurer, KWARC Inc. Account summary since 05/28/1999 till 08/13/1999
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