I am David Vail the district treasurer 2017-18. It is my hope that the holidays were good for you and your families and I hope that 2018 is a healthy and happy new year.
Your budgets should be prepared with the dues and fundraising funds to be your guide. I am pleased to announce that the goal for this year's district board was 6,300 members. As of Jan. 10 the total paid membership is 4,558. The unpaid members is 2,017 which will give us a total of 6575 member which will exceed the goal that was set by the district board by 275 members.
A number of individuals have asked me what is the difference between the service and administrative funds. Administrative funds are funds that are used to run your club. The service funds are used to the charitable work of the club. It should be noted that service funds should not be used to run the business of your club. When doing fundraising you should include all income and expenses. Simply reporting the net profit does not leave a good audit trail or history for the next time that you do that fundraiser.
If you have any questions, please email or call me. My email is dvail4321@aol.com and my phone is 518-376-8052.
I look forward to seeing you all at the Mid-Winter Conference at the Desmond Hotel in Albany.
Column Posted on Web Site January 23, 2018
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