Hey Gang,

Here's the August Treasurer's Report (YTD figures are in parentheses).

Gross Income:

New Association Memberships: $0.00 ($50.00)
New Individual Memberships: $0.00 ($280.00)

Total Income: $0.00 ($330.00)

Expenses:

Catamaran Sailor Subscriptions: $0.00 ($225.00)
Checking Acct. Service Fee: $5.00 ($40.00)
Office Supplies: $0.00 ($25.10)
US Sailing Membership: $0.00 ($100.00)

Total Expenses: $5.00 ($390.10)

Net Income: -$5.00 (-$60.10)

2004 Carryover:

Transfer to Rick: $2,000.00
Memberships: $499.15

Grand Total: $2,439.05 (Money In Checking Acct. $439.05)

Membership Numbers (YTD change is in parentheses):

10 Board (0)
71 Individual (-87)
21 Multi-Year Individual (0)
1 Chapter (1)

As you can see, our membership has dropped off sharply. This can be attributed to a lot of expired memberships. The next update from Mary should boost our numbers again.

Bob Blackington
Treasurer