SERVICE CLUB BUDGET
Posted by John Mullen
President Bob presented a slide show of the Service Club budget. He described how as a result of accumulated surpluses over the past two years, as well as monies that had been in the Ev Biggs Fund, there is a substantial surplus in the Service Club account.
With an anticipated additional surplus this year, President Bob proposed creating a sustainable financial future fund of a half million dollars, to be divided into three components. Ultimately motions were tabled for the approval of the budget and motions for the creation of the reserve funds, as discussed.
With an anticipated additional surplus this year, President Bob proposed creating a sustainable financial future fund of a half million dollars, to be divided into three components. Ultimately motions were tabled for the approval of the budget and motions for the creation of the reserve funds, as discussed.