killowater-small.gif (3364 bytes)

The Bean Count Report
by Dave Schwartz VA3DGS@kwarc.org

The reporting period this month is quite short because the last report was dated September 26 and I am writing this on October 19th to meet the bulletin deadline before the November meeting which is on the 1st. This way, everyone can decide in advance of the meeting whether to shake my hand or slit my throat.

Since the last report we continue to have renewals arriving, although in reduced numbers from September. This will taper off to a mere trickle by the year-end so our revenue stream has virtually dried up. Revenues outpaced expenses this month just slightly due to the planned expense of replacing the VE3KSR antenna and feedline. Bulletin production expenses and the upcoming renewal of the insurance will be a major draw on the balance over the rest of the year while the meeting refreshment/50-50 revenue is almost neutral against the (pre-paid) cost of the hall rental.

I should note that you may detect a change in the schedule of fees on the renewal form or web site. No, we have not changed the fees. We are merely reversing the implementation of last year's across-the-board reduction which separated the bulletin mailing costs to an extra-charge item for those who did not take it from the web site. It seems that when I did not get a chance to explain the new structure in person (i.e. the renewal came in to the post office box), almost everyone forgot to add that amount even though it was plain that we still needed to mail the bulletin. Hopefully, this will result in far fewer errors. The change is still revenue-neutral (when's the last time you heard that and believed it?) but now the sense of it changes from an extra charge to a bonus in the amount of the postage that web-surfers save the club.

de Dave VA3DGS, Treasurer, KWARC Inc.


Account summary since 09/26/1999 till 10/19/1999

Balance Fwd September 26, 1999  

$ 3,653.73

INCOME    
Membership Fees

$ 535.00

 
Patch Fees

$ 95.00

 
Coffee & Donut sales

$ 30.52

 
50/50 Draw

$ 22.75

 
Income total   $ 683.27
EXPENSES    
Coffee & Donuts

$ 24.44

 
Bulletin expenses

$ 123.88

 
Supplies $ 23.74  
VE3KSR repair expense $ 403.62  
RCK Phone patch line

$  23.34

 
Expense total   $ 599.02
Income less Expenses  

$ 84.25

Balance as of Oct. 19, 1999  

$ 3,737.98

GIC Asset on deposit  

$ 1,000.00

[KWARC/bull-foote.html]