It was a relatively quiet time for the Great Lakes Treasury over the holidays. Receipts shown below represent some last minute pre-registration income from Advance the Colors '96 which was not reflected in the last report, as well as membership dues. At the BOD meeting held on 12 November, it was decided to take advantage of our favorable financial situation and reimburse some long-outstanding expenses which had been accumulating, including postage for the Herald for the past three years, as well as some costs for office supplies.

Summary of Treasury Activity (as of January 20,1997)

Previous Treasury Balance $2,310.61
Receipts: Membership Dues, Convention Admission $102.00

Expenses:
Postage for the Herald 1994-1996; Misc. Office Supplies ($765.47)
Bank Service Charge (for Nov. and Dec.) ($26.64)

Ending Balance $1,620.50