By Bob Williams, MRVAC Treasurer
Our last fiscal year, June 1, 2016-May 31, 2017, was another successful one. We exceeded our income budget for our 3 most important categories of income i.e. Birdathon, Holiday Auction, General Contributions. This meant that we did not have to dip into our reserves to meet our budget.
On the expense side we had an unexpected expense for the new website, which was well worth it, but in other categories we came in below budget so it all averaged out in the end. Our total income for the year was $16,143.50 and our total expenses were $15,450.70. We still have 4 CD’s totaling a little over $20,000 and a nice cushion in our checking account so we can handle most surprises at least for the foreseeable future.
Our current fiscal year is off to a good start as well. We have received donations for Birdathon totaling over $2,000 and we expect a few more before the end of the calendar year. If you would still like to contribute, please send your checks to MRVAC at PO Box 20400, Bloomington, MN 55420 made payable to MRVAC or go to our page on GiveMN.org where you can use a credit card.
Since we are no longer sending the Trumpeter by mail to the majority of our members, our projected expenses for this fiscal year are lower than last year. This should allow us to make even more grants than we did last year to help fund the worthy programs of the organizations that apply.
Finally, I would like to let people know that I plan to resign as Treasurer at the end of this fiscal year, May 2018. If there is anyone out there who would like to take over this task, please let me know at email@example.com or at 612-728-2232. It is not a particularly difficult task and I would be happy to help you with it during the first year; June 2018 to May 2019.