ACSDA 10th General Assembly Treasurer's Report Summary
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Detailed report of budget execution, financial statements, 2008 membership fees, and proposed approvals presented by Francis Stenning at the ACSDA 10th General Assembly in Panama City.
ACSDA 10th General Assembly Treasurer's Report Summary
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Presentation Transcript
ACSDA 10th General Assembly February 21, 2008 Panama City, Panama Treasurer's Report Francis Stenning Treasurer
Table of Contents • Budget Execution - 2007 • Financial Statements as of 12.31.2007 • Budget – 2008 • 2008 Membership Fee Proposal • Executive Committee Proposed Approvals
2008 Membership Fee Proposal Proposal: Membership fee for 2008 US$ 3,000 Minimum charge of: US$ 1,500 Discounts in Membership Fee are subject to approval of Executive Committee and according to Approved Policy for that matter. History:
Executive Committee Proposed Agreements • Approve Financial Statements for 2007. • Apply 2007 losses to Capital Account • Approve the Proposed Fee Structure. • Annual Membership Fee US$ 3,000 • Minimum charge of US$ 1,500 • Approve Budget for 2008. • Approve the use of funds of the Association by the Executive Committee, considering that a minimum cash of US$40,000 must be kept at all times.