[H-ADMIN] Treasurer's report for HUMBUG Exec meeting 07/08/2010

[Mark Ellem]

Hi all,

Below is the Treasurer's report for the upcoming Exec meeting.

Mark Ellem,
HUMBUG Treasurer.

----------

HUMBUG Treasurers report for Executive meeting on 07/08/2010.

== Income ==

There was $40.00 from 1 new and 1 renewing membership. There was also $0.72 of interest accrued in the period since last Exec meeting. This makes a total income of $40.72.

== Expenses ==

There was $326.00 for a new Linksys WRT610N router and Seagate 1TB external USB HDD to replace the WRT54GL router which was not handing meeting demand. This was bought shortly after the last Exec meeting closed from UMart. Receipt has been provided and monies reimbursed.

There is an outstanding reimbursement for the PO Box renewal of $185.00 to Clinton Roy which has not been settled since last report. I shall endeavour to rectify this situation within the next couple of days.

This makes expenses since last Exec meeting $326.00 in total.

== Bank account status ==

The HUMBUG bank account balance as of 06/08/2010 is $6542.07.

Activity on the account since last meeting has consisted the interest accrued as mentioned in income, a debit of $25.00 from a cashed cheque to Russell Stuart to cover speaker's dinner expenses another debit of $326 for a cheque to cover the new router plus HDD and a deposit of $40.00 from the excess float in the cash box.

I have received from the Secretary a quarterly bank statement which covers transactions from the last meeting period as reported prior.

== Current financial position ==

This means for total cash reserves (cash box and account) we have $6632.07. This puts us at $-260.28 behind total reserves as at last Exec meeting.

As a note, the cash box currently has $90.00 in notes, $40.00 of which will be banked.

== Anticipated future income/expenses ==

Apart from the outstanding PO Box renewal and PO Box keys reimbursement, I don't see any major expenses from now to the AGM in September. In terms of income, a large amount of money will come in from memberships at the AGM of at least around $200.00 which will be the responsibility of a future treasurer to handle.