As Treasurer, I try to give advice on any expenditures we contemplate making throughout the year and also act as part of the Board of Directors on general matters that need discussion and a resolution.

The Financial Statements will be attached to the meeting (perhaps in the Executive Director's Thread). However, I am again presenting the Cole's Notes Version. Please feel free to ask any questions.

INCOME
Net Membership Fees 44000
Net Rating Fees 28300
Chess Foundation 10600
CMA Book & Equipment Contract 5000
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87900


EXPENSES
Administration 50000
Net International Programs 26500
Newsletter & Newsfeed 8600
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85100



SURPLUS 2800