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District 42 Financial Position June 30 th 2013

District 42 Financial Position June 30 th 2013. Grant Hanna, DTM District Treasurer, 2012-2013. 2012-2013 Result. April sustained growth from October Operating Expense is 61% of budget Surplus from both conferences. Membership. 2012 sustained the pace of 2011-2012

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District 42 Financial Position June 30 th 2013

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  1. District 42Financial PositionJune 30th 2013 Grant Hanna, DTM District Treasurer, 2012-2013

  2. 2012-2013 Result • April sustained growth from October • Operating Expense is 61% of budget • Surplus from both conferences

  3. Membership • 2012 sustained the pace of 2011-2012 • Memberships increased 9% • Sustain renewals and new members

  4. District Expenses • All expense actuals are below budget • Marketing via advertising / trade shows not undertaken in year

  5. Travel2013 B $45K, A $31K

  6. Financial Position • Past two years have doubled the available funding for operations • Conference surplus is short term

  7. Conference Purpose Executive council Contests Membership development Criteria determines success attendance satisfaction ratio

  8. Conference Comment • Fall Conference success is due to sponsorship received • Spring conference ended with a loss. • Current practice is each event is self funded; current year net is a surplus

  9. Conclusion • Financial position is positive • Surplus Operating: $87K • Conference: $23K • Revenues enable expenses to improve the member experience • Travel expenses depend upon those attending and method of travel

  10. District 42Financial Position Grant Hanna, DTM District Treasurer

  11. Comparing Membership

  12. District Expense2012 B $112K, A $73K; 2013 B $113K, A $69K

  13. Spring Convention

  14. Travel to Executive Councils • Revised Budget, $20,9 • Sep 3.5, Nov 3.5, May 6.7, Jun 4.3 • Bus Pooling saved $1.7

  15. Travel for Visitations • Actual Area Governor, $2.6 • Actual District, $0.9

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