1 / 10

Treasurer’s Report: Aylin Yener

Treasurer’s Report: Aylin Yener. Presented at the BoG meeting, ITW 2013, Sevilla Sept 9 , 2013. Outline. Conference Closings 2013 budget Initiatives 2014 b udget House keeping: Reimbursements. Conferences: Current Status.

jalene
Download Presentation

Treasurer’s Report: Aylin Yener

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Treasurer’s Report:Aylin Yener Presented at the BoG meeting, ITW 2013, Sevilla Sept 9, 2013

  2. Outline • Conference Closings • 2013 budget • Initiatives • 2014 budget • House keeping: Reimbursements

  3. Conferences: Current Status • Update: the closing process for ISITs, ITWs, and Schools are within the timelines IEEE suggests, and are now being completed swiftly without problems. • Healthy surplus reported in all our conferences, e.g. ISIT’12. • ISIT’13 is in the process of closing already.

  4. 2013 Budget • Budget as finalized in November 2012 was predicting 159k surplus. • As of August2013, the predicted end-of-year surplus is 20k. • Two initiatives are already approved: Student Committee (4k), WITHITS (8k); • Two more up for vote: Online committee (50k), publication pilot (25k)

  5. Initiatives • Initiatives <$50k: no need for IEEE “approval” • We determined in July that we can spend 70-100k on initiatives and still be ok at the end of the year.

  6. 2012 numbers as of Feb 2013

  7. 2013 numbers

  8. 2014 • Print subscription fees have been increased to $80 for non-IT IEEE members and $105 for non-IEEE members (student rates at %50). • IEEE has changed the “algorithm” for publication revenues. • As a result, we have been presented with a budget that is projecting in the negative (-35k). Update: We have received the second pass and will be projecting 60k if we approve moderate editing TODAY. This includes the 30k we are spending on the schools. • Moderate editing reduces transactions expenses from ~836k to ~688k.

  9. Reimbursement of expenses • For committee chairs and officers. Please (pretty please): • submit expenses within one-month of occurrence. • e-mail all scanned receipts with the “Expense Form” to Valerie Howland v.howland@ieee.org with a cc to Aylin. • remember to include the list of attendees for meal reimbursements. • Distinguished lecturers follow the same exact procedure above. M&C committee chair (Michelle): please communicate that we have $2k/visit “guideline” to DLs.

More Related