As of 15 Dec2003, the club has $273.72 in checking and $2431.27 (less some interest) in savings. We are looking at around $310.00 in expenses for the remainder of the year for printing and mailing of the newsletters. Based upon projections made in August, here is how they have preformed: Item Projected Actual Printing and mailing 1700.00 1504.30 Memberships 1500.00 740.00 Ad revenue 850.00 469.10 We have managed to cut printing and mailing cost. Also, we are in the midst of the membership drive and those items first pass thru the secretary before being passed on to the treasurer. I expect the membership funds to increase before the end of the year. There are also two advertisers that are due to renew which should bring those numbers up to near projected. We have not had our normal influx of new and renewed memberships associated with Fall-In. The reunion did about normal for its production of memberships. January will see the Siege of Augusta, 15-17 January, and that should produce revenues for the beginning of the year. Budget for next year is as follows: Income: Memberships (@250) $3750 Advertisors $1000 MAGWEB Revenue $240 TOTAL +$4990 Expenses: Printing and postage $3700 Mics costs $100 TOTAL: -$3800 Up front costs for Siege of Augusta and Nashcon04 have already been paid this year. To secure facilities for 2005 we must look at setting aside, at the most, $2500. This realistically cannot happen without the conventions making a positive cash flow as it would create a deficit of $1290. With the fluctuation of revenue tied to renewals of existing and new memberships, the current savings account balance needs to stay at that level for contingencies. Back to Dispatch January 2004 Table of Contents Back to Dispatch List of Issues Back to MagWeb Master Magazine List © Copyright 2004 by HMGS Mid-South This article appears in MagWeb (Magazine Web) on the Internet World Wide Web. Other articles from military history and related magazines are available at http://www.magweb.com