The accounts have been reconciled with the bank statement as of December 31, and the closing totals are as follows:
Checking $3524.68
Scholarships $4373.41
Reserves $25,179.59
Total $33,077.68
Those figures include the remittance of dues and contributions from the national headquarters in the amount of $448.00 and a credit return of $70.89.
No checks were written, and December was a Miserly Treasurer’s dream with all transactions being income and interest instead of expenditures.
In addition to chapter dues, usually either $33.00 or $41.00 per year, the chapter is dependent on reserves and additional donations to cover the costs of underwriting programs, the website, and expenses. Next month’s report will include the recognition of donors, and an annual financial report of the past fiscal year.
Richard Spears, Treasurer