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Treasurer's Report

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.

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Treasurer's Report

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  1. ACSDA 10th General Assembly February 21, 2008 Panama City, Panama Treasurer's Report Francis Stenning Treasurer

  2. Table of Contents • Budget Execution - 2007 • Financial Statements as of 12.31.2007 • Budget – 2008 • 2008 Membership Fee Proposal • Executive Committee Proposed Approvals

  3. Budget Execution – at the end 31.12.2007

  4. Financial Statements as of 12.31.2007

  5. Budget – 2008

  6. 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:

  7. 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.

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