[H-ADMIN] Treasurer's report for Executive meeting on 11/12/2010

[Mark Ellem]

Hi,

I sincerely apologize for the delay of getting this report public. I had 
it written before the meeting but did not get around to posting it 
today. Only excuse I can make is I'm busy/lazy and I'll try not to let 
this slip again.

In future, HUMBUG bank account statements will be made available during 
Executive meetings so other members can verify the clubs financial 
status. I hope this will help insure transparency and show there is 
nothing we are hiding from our membership.

Regards,
Mark Ellem.
HUMBUG Treasurer.

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Treasurer's report for Exec meeting on 11/12/2010.

Summary of club finances of all sources from 02/10/2010 to 11/12/2010.

Opening Balance: $6912.07
Income: $80.66
Expenses: $44.50

Closing Balance as of 11/12/2010: $6948.23

Description of activities.

The expenses were buying new laminating sleeves at the cost of $5.50 and 
website domain renewal at the cost of $39.00. No further expenses were 
incurred during this period.

Income consisted of $0.66 of interest on our bank account and $80.00 for 
3 renewing and 1 new members.

The current bank account balance is $6877.53.