Treasurer’s Report
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45th Annual General Meeting / 45e Assemblée Générale Annuelle
Saturday May 05, 2018 / le samedi le 05 mai 2018
Travelodge Hotel
11 Bay Bridge Road
Belleville, ON K8P 3P6
Treasurer’s Report / Rapport de la Trésoière
Current Oct. 1, 2017 to Dec. 31, 2017 |
Year to date Jan. 1, 2017 to Dec. 31, 2017 |
Previous year to date Jan. 1, 2016 to Dec. 31, 2016 |
|
---|---|---|---|
Cash on hand – September 30, 2017 | 34,547.40 | – | – |
Revenue: | |||
Membership Fees 1 | 1,030.80 | 3,816.80 | 6,496.80 |
Chapter Fees | 280.00 | 710.00 | 984.00 |
Conference | 0.00 | 10,561.00 | 10,788.29 |
Corporate Sponsorship 2 | 0.00 | 700.00 | 2,214.87 |
Miscellaneous 3 | 57.47 | 57.47 | 31.51 |
Total 4 | 1,368.27 | 15,845.27 | 20,515.47 |
Expenses: | |||
Conference | 0.00 | 9,170.94 | 13,209.74 |
Chapter Expenses | |||
Chapter Remittance 5 | 0.00 | 562.00 | 578.00 |
Refunds/Return cheques 6 | 0.00 | 80.00 | 1,493.29 |
Chapter Subsidy 7 | 1,126.45 | 1,126.54 | 578.48 |
Meeting Expenses | |||
Social, Rentals & other fees | 0.00 | 0.00 | 240.01 |
Travel/Parking 8 | 0.00 | 277.12 | 982.46 |
Accommodation | 0.00 | 0.00 | 483.71 |
Newsletter | |||
Printing/copies | 0.00 | 0.00 | 307.36 |
Postage | 0.00 | 0.00 | 50.17 |
General Business | |||
Operating expenses 9 | 356.95 | 390.56 | 0.00 |
Banking fees | 15.48 | 57.01 | 53.29 |
Online banking fees | 170.44 | 930.49 | 947.06 |
Postage/Postal Box Rental | 514.24 | 514.24 | 484.71 |
Website | 0.00 | 806.05 | 3,390.00 |
Professional Fees 10 | 0.00 | 808.92 | 808.92 |
Awards/Presidential Gifts | 84.75 | 532.68 | 522.33 |
Total 11 | 2,268.31 | 15,256.46 | 24,129.47 |
Final Details: | |||
Cash on hand – December 31, 2017 | 33,647.36 | – | – |
GIC | 5,546.79 | – | – |
Total | 39,194.15 | – | – |
Year to date Jan. 1, 2017 to Dec. 31, 2017 |
|||
---|---|---|---|
Opening Balance – January 1, 2017 | 3,395.00 | ||
Revenue: | |||
Chapter Remittance | 20.00 | ||
Total | 3,415.00 |
Year to date Jan. 1, 2017 to Dec. 31, 2017 |
|||
---|---|---|---|
Opening Balance – January 1, 2017 | 2,771.10 | ||
Revenue: | |||
Chapter Remittance | 110.00 | ||
Total | 2,881.10 |
Notes to the OALT/ABO Financial Statement
The bank reconciliation form shows the actual bank balance for our fiscal year end of December 31, 2017 as being #33,647.36. There were no outstanding cheques at the end of the year. Profit of $588.81.
Bank Balance on Bank Statement | 33,647.36 | |||
Add | Income not recorded on statement | – | ||
Deduct | Outstanding Cheques | – | ||
Cheque Number | Amount | |||
1 | ||||
2 | ||||
Total Outstanding Cheques | – | |||
Ledger Balance | $33,647.36 |
1 Membership fees are $3,816.80 and Chapter fees are $710.00.
2 Corporate sponsorship – from Algonquin College $500.00 and Mohawk College $200.00.
3 Miscellaneous – $57.54 from Ottawa Chapter/Section d’Ottawa microphone Lauren Parsons.
4 Total Revenue from 2017 $15,845.27.
5 Chapter Remittance – $366.00 was paid to Ottawa Chapter/Section d’Ottawa, $196.00 for Halton-Peel, $20.00 for School and $110.00 for the Toronto Chapter.
6 Refunds – were due to membership errors.
7 Chapter Subsidy – Ottawa Chapter/Section d’Ottawa speaker Lauren Parsons.
8 Travel/Parking – meetings
9 Operating Expenses – Photocopies, stamps, banners
10 Professional Fees – Association insurance.
11 Total Expenses for 2017 $15,256.46
2017 | 2016 | 2015 |
---|---|---|
$4,526.80 received in membership fees 104 individual members 57 group members |
$7,464.80 received in membership fees 144 individual members 71 group members |
$7,697.60 received in membership fees 136 individual members 23 group members |
Respectfully submitted,
Lori O’Connor
Treasurer, Board of Directors | Trésoière, Conseil d’administration
Ontario Association of Library Technicians/Association des bibliotechniciens de l’Ontario
info@oaltabo.on.ca | https://oaltabo.on.ca/