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IEEE DySPAN-SC Treasurer's Report - Annual Financial Status and Meeting Finances

This report provides an overview of the IEEE DySPAN-SC Treasurer's report, including the annual financial status and meeting finances. It also discusses available financial assistance for working groups and suggests ways to utilize the excess funds.

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IEEE DySPAN-SC Treasurer's Report - Annual Financial Status and Meeting Finances

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  1. Treasurer’s Report Oliver Holland IEEE DySPAN-SC Treasurer 7th IEEE DySPAN-SC General Meeting London, UK April 2013

  2. Status on a Yearly Basis • Annual 2011 • Assets at start of year (in account) $ 37,372.02 • Assets at end of year (in account) $ 35,955.00 • End of year including accrued 2011-2012 $ 52,934.60 • Annual 2012 • Assets at start of year (in account) $ 35,955.00 • Income $ 33,661.43 • Expense $ (20,409.11)* • Interest $ 225.69 • End of year including accrued 2012-2013 $ 49,433.01 • 2013 to date (as on 21 April 2013) • Assets at start of year (in account) $ 49,433.01 • Interest $ 46.32 • Income $ 5,350.00 • Expense $ (652.83)* • In account (as on 21 April 2013) $ 54,176.50 * Includes GoToMeeting license purchases 7th IEEE DySPAN-SC General Meeting – London, UK, April 2013

  3. Status on a Yearly Basis 7th IEEE DySPAN-SC General Meeting – London, UK, April 2013

  4. Meeting Financials DivisionLocationMonth/YearRevenueExpenseNet SCC41 Ft. Laud. Dec 2010 $10,968.30 $7,785.18 $3,183.12 DySPAN Singapore Mar 2011 $6,794.16 $6,558.66 $235.50 DySPAN Brussels Jun 2011 $0.00* $0.00* $0.00* 1900.1/.6/.7 Berlin Sept 2011 $9,171.50 $3,816.46 $5,355.04 DySPAN Scottsdale Dec 2011 $7,808.10 $7,751.05 $57.05 DySPAN Osaka Mar 2012 $7,635.85 $7,336.15 $299.70 DySPAN Grenoble Jun 2012 $6,945.43 $4,660.45 $2,284.98 1900.5 Boulder Jul 2012 $36.35 $1,474.01 $(1,437.66) 1900.4 Yokohama Aug 2012 $0.00 $153.99 $(153.99) 1900.6/.7 Beijing Oct 2012 $2,084.20 $5,581.51 $(3,497.31) 1900.4 Tokyo Dec 2012 $0.00** $0.00** $0.00** DySPAN Washington Jan 2013 $0.00* $0.00* $0.00* DySPAN London Apr 2013 $5,350.00*** $0.00*** $5,350.00*** * Meeting financial arrangements and planning were kindly dealt with by the Wireless Innovation Forum, hence this meeting had minimal impact on the SCC41/DySPAN-SC account. ** No financial activity related to this event. *** Complete figures not known at this time 7th IEEE DySPAN-SC General Meeting – London, UK, April 2013

  5. WGs’ Finance Availabilities • Indication of financial assistance available to WGs from the DySPAN-SC account, should they require it. Calculated to 21 April 2013 according to the procedure passed by motion at the 2012 Osaka General Meeting • Available to 1900.1 = $715.59 • Available to 1900.4 = $19,993.41 • Available to 1900.5 = $1,401.35 • Available to 1900.6 = $1,768.48 • Available to 1900.7 = $1,669.70 • Available to DySPAN-SC = $28,627.97 7th IEEE DySPAN-SC General Meeting – London, UK, April 2013

  6. WGs’ Losses in Some Recent Meetings • 1900.4, 1900.5, 1900.6 and 1900.7 have incurred losses related to recent meetings • Reminder that the following solution was chosen in Washington, DC Jan 2013 meeting • 1900.4 has a lot in the bank, and the loss was small, hence, loss should come from 1900.4 available finances • The incurred losses of other WGs would wipe out all of their available finances. Hence DySPAN-SC will step in and incur the losses of 1900.5, 1900.6 and 1900.7 • Emphasize that WGs and meeting hosts should coordinate with the Treasurer before holding meetings—Treasurer/leadership have no issue with losses for a good cause, but they should be planned 7th IEEE DySPAN-SC General Meeting – London, UK, April 2013

  7. We Still Have Too Much Money • Losses, if planned for a good cause and anticipated, are good! • Because, WE HAVE TOO MUCH MONEY! • Something like $20k-$30k is a good buffer against losses at meetings, we are current hovering around $50k. Treasurer believes we should approximately halve what we have in bank • We need to consider how we can spend our money, to the benefit of DySPAN-SC and the 1900 groups. Issue has been touched on in the past, however, we have not spent • What can we do? • Slick promotional campaign? • Deliberately run losses at more meetings, e.g., inviting additional prominent attendees (expenses paid) to express expertise? • Publications fees (at least recent magazine paper) 7th IEEE DySPAN-SC General Meeting – London, UK, April 2013

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