Income shown below includes membership dues (both renewals and new memberships), as well as income generated by Advance the Colors `97 (which includes dealer table receipts, admission fees, and raffle ticket sales). The convention was a financial success, and as a result, the chapter treasury is in better shape now than it has ever been. This will come in handy for Advance the Colors '98, however, as the Holiday Inn gave us a discount for our '97 event. The cost for the site will be higher next year.

Summary of Treasury Activity (as of October 15,1997):

Previous Treasury Balance $1,737.80

Income: $3,895.63

Expenses
Balance Due to Holiday Inn ($1,845.06)
Convention Mailing: Printing and Postage ($213.12)
Bank Service Charge (for Aug & Sep) ($11.30)

Ending Balance $3,563.95

The following table summarizes the net income generated by Advance the Colors `97

Income
Dealer Table Receipts $1,550.00
Admissions, Dues*, Raffle $1,825.63
Subtotal $3,375.63

Expenses
Hotel Convention Site Cost $2,145.06
Postcard Printing $41.12
Postcard Postage $172.00
Misc (Labels, Badges, Etc)** $70.14
Subtotal $2,428.32

NET INCOME $947.31

Notes:

* Membership dues, for both renewals and new members, which were received at the show are included in this figure.

**These expenses were incurred by several BOD members but have not yet been reimbursed; therefore, they are not reflected in the preceding treasury report.