(and a look at 1998's operations as well). Budget results 1998 Income Proposed Actual Dues 98 4500 3758 Advertising 1500 1675 Conventions 2500 3791 Interest 50 74 Total 8500 9298 Expenses 98 Proposed Actual 98 reserve 950 1000 National Dues 500 463 Convention seed 1200 945 Operations 800 832 Printing 4200 3660 Postage 800 1211 Permits/fees 105 105 Totals 8555 8216 Status of MidSouth Region as of 12/31/98 Total members: 592 Members paid up for 1999: 188 Members due for 1999: 404 Total balance in checking: $2270.47 Total balance in savings: $3440.90 Accounts receivable: $0 Growth of all member types since 1 Jan 1998: +59 Proposed 1999 Budget: Income: 99 Dues:4500 Advertising: 1500 Conventions:3000 Interest: 75 Total: 9075 Expenses: 99 Reserve: 1000 National Dues: 500 Convention seed: 1000 Operations: 800 Printing: 4000 Postage: 1500 Permit/fees: 105 Total: 8905 Actually, we're looking pretty healthy. The convention programs are showing positive cash flows. Memberships are up but advertising is marginally down ($55). Aside from the Postal rate hike (for bulk mail, that occurs in mid year, not at year's end when 1st class goes up), we have had to go to a regular bulk mailing schedule in order to comply with postal regs that require it for anything with advertising in it. Since the proceeds from ads pay for the mailings (and then some), this switch was acceptable and approved by the Regional BoD. Naturally, ads are only included so long as the businesses feel that they are showing a positive return for what they spend. So tell the various merchants that you saw their ad here. Likewise to convention managers who place their convention ads in here. Back to Dispatch Jan. 99 Table of Contents Back to Dispatch List of Issues Back to MagWeb Master Magazine List © Copyright 1999 by HMGS Mid-South This article appears in MagWeb (Magazine Web) on the Internet World Wide Web. Other military history articles and gaming articles are available at http://www.magweb.com