AMERICAN CHEMICAL SOCIETY -- CONNECTICUT VALLEY SECTION

 

2004  BUDGET PROPOSAL

 

BUDGET COMMITTEE: Jane Knox, Jon Sanborn, Everett Turner, Ralph Moyer and Arthur Dimock

 

2003 ACS/CVS Summary:          Starting Balance   1/1/03 (total)              49,623.02

                                                   Ending Balance 12/31/03 (total)             50,841.08

                                                   Net addition to reserves                           1,218.06

 

                    ITEM

        2003

     Budget

        2003

      Actual

       2004

     Budget         

 

RECEIPTS

 

 

 

 

ACS Section Allotment

    14,370.00

       14,370.00

       15,115.00

 

ACS Local Section Dues

      8,000.00

         8,401.00

         8,400.00*

 

ACS Member Commission

         200.00

            165.00

            200.00

 

Interest

      2,600.00

         2,567.83

         1,500.00

 

Miscellaneous Income

         130.00

           428.47

            185.00  

 

 

 

 

 

 

TOTAL RECEIPTS

    25,300.00

      25,932.30

       25,400.00

 

 

 

 

 

 

EXPENDITURES**

 

 

 

 

Executive Board Meetings

         800.00

           961.66

            900.00

 

Executive Board Admin.

         200.00

           303.72

            200.00

 

Ballot

         450.00

           522.06

            500.00

 

Travel--Councilors

      2,600.00

         2,530.15

         2,700.00

 

Travel--Chair-Elect

         600.00

            478.00

            600.00

 

Mailings

      3,200.00

         2,352.06

         3,000.00

 

Student Awards

      3,100.00

         2,158.50

         3,100.00

 

Section Award

         100.00

                0.00

            100.00

 

Section Award Fund Endow.*

      3,200.00

         3,360.40

         3,360.00

 

Education

      2,000.00

         2,693.04

         2,200.00

 

High School Teacher Travel

         400.00

                0.00

            400.00

 

Valchemist

      5,000.00

         6,582.59

         5,000.00

 

Publicity

         100.00

                0.00

            100.00

 

Hospitality

         100.00

                0.00

            100.00

 

Section Meetings

      1,200.00

         1,831.04

         1,500.00

 

National Chemistry Week

         750.00

            791.02

            750.00

 

New Initiatives

      1,000.00

            150.00

            390.00

 

      SEED

         500.00

                0.00

            500.00

 

 

 

 

 

 

TOTAL EXPENDITURES

    25,300.00

       24,745.39

       25,400.00

 

 

 

 

 

 

*Forty percent of section dues to be applied to Section Award Fund Endowment

 

 

 

**Net expenditures equal disbursements less reimbursements

 

 

 

 

2003 Activity of SECTION AWARD ENDOWMENT FUND:

                                          Starting Balance (as of 1/1/03)                     31,379.09

                                          Deposits (40% of section dues)                      3,360.40

                                          Interest Earned                                              1,531.75

                                          Less Section Award                                         500.00

                                          Ending Balance (as of 12/31/03)                 35,771.24

Figures proposed in Budget Committee meeting on Dec. 22, 2003. Approved at the ACS/CVS Executive Board Meeting on January 20, 2004.