1 / 20

District 9370

District 9370. FINANCE PRESENTATION 2013-2014. Current status. D9270 Travel at R4 per km with max of 500kms Conference based on per member allocation No capping of DG’s local travel allowance Overseas travel not provided for All training is self-funded D9320

luke
Download Presentation

District 9370

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. District 9370 FINANCE PRESENTATION 2013-2014

  2. Current status D9270 • Travel at R4 per km with max of 500kms • Conference based on per member allocation • No capping of DG’s local travel allowance • Overseas travel not provided for • All training is self-funded D9320 • Travel at R1 per km with no max • Conference based on fixed allocation • DG’s travel allowance is capped • Overseas travel included in budget • Training at POETS is part funded

  3. Financial Proposals D9370 • Travel at R2 per km with no max kms • Conference based on per member allocation • No capping of DG’s local travel allowance • Provide a contribution towards overseas travel • Training of District & Club Management to be funded • Establish new District office as a virtual office • Consolidation of best practices into one financial policy document

  4. Admin Proposals D9370 • Retain bank accounts with Nedbank • Signatory list to include: DG/DGE/DT/iPDT/DRFC/iPDG • All funds except YEP to fall under Finance Committee and District Treasurer • PBO tax status with SARS • NPO status with DSD • Monthly reporting format to be retained

  5. POETS 2013 • Registration fees – Clubs/Self • Accommodation allowance of R285 p/n • Travel claim @ R2 per km • Submit claim form to District Treasurer ..\Travel claim form.xls

  6. POETS 2014 • Registration fees – Clubs/Self • Accommodation allowance of R350 p/n • Travel claim after 1st 50kms @ R2 per km • Submit claim form to District Treasurer ..\Travel claim form.xls

  7. Proposed Budget for the year ending June 2014

  8. Admin Costs • Audit Fees 3 000 • Bank Charges 1 000 • District committee meetings • Club Extension 5 000 • Membership 10 000 • Public Image 5 000 • RI Focus 5 000 • Rotary Foundation 10 000 • Youth 10 000 • District Council meetings 4 000 • District Directory 15 000 • District Office 48 000 • Insurance 10 000 • Other 5 000 • Website 12 000 • District Admin costs143 000

  9. Travel & Accom District Governor 40 400 Area Co-ordinators 76 410 Assistant Governors 80 314 DG Elect 30 000 DG Nominee 5 000 Training teams 32 000 POETS 139 920 Travel & Accom404 044

  10. Rotary Events COSA 16 000 DG International Travel incl ROTA 20 000 GETS (DGE) 50 000 ROTA (DGE/DGN) 20 000 Total events 106 000

  11. Total Expenses ADMIN COSTS 143 000 TRAVEL & ACCOMMODATION 404 044 RI EVENTS 106 000 DISTRICT CONFERENCE 126 000 Total costs 779 044

  12. Total Income MEMBERSHIP FEES 735 000 INVESTMENT INCOME 18 000 Total income 753 000 Less: Expenses 779 044 Deficit for the year R 26 044

  13. District Levy 9370 9270 9320 DISTRICT LEVY 290.00 250.00 250.00 CONFERENCE LEVY 60.00 95.00 50.00 Total levy 350.00345.00 300.00 Proposed Current levy Based on a membership of 2100

  14. Member pays…. RI Dues 470.00 District Dues 350.00 Rotary Africa 240.00 Total 1060.00 Less than R 90 per month

  15. District Comparative 2011 2012 2013 DISTRICT 9270 322.50 345.00 350.00 DISTRICT 9320 270.00 300.00 350.00 DISTRICT 9350 386.00 426.00 460.00

  16. Looking ahead… Anticipated general surplus from the Districts 9270 300 000 9320 300 000 Total R 600 000

  17. Surplus allocation 2013/2014 Anticipated use from the general surplus of the new District 9370 ROMEX 25 000 PI GRANT 25 000 TOTAL 50 000 + R2500 for each new Club chartered

  18. Discussion & Questions

  19. Call for Acceptance

More Related