Message from the Secretary-Treasurer......................................... Ann Kizanis

 

In the Fall newsletter, I reported a balance of $19,138.11.  Since that time, we spent $971.31 on reimbursements for the Fall meeting at Sacred Heart University and $225.00 for Student Awards at that meeting.  The expenses from the Fall meeting were 3,048.02, while the revenue from meeting registrations was $5,532.00.  The expenses for the printing and postage of the Fall newsletter for that meeting totaled $1,453.97.  Moreover, we earned $332.51 in interest since the last newsletter.  The 11-month CD that I opened in the amount of $15,000 in the summer with APY 5.00% will mature on May 10, 2007.  Our present balance is $19,304.32. 

 

The expenses for our Fall meeting were $2,036.75 less than our Spring meeting expenses, while the registrations from the Fall meeting were $294 more than the Spring meeting registrations.  Our expenses for postage and printing of our newsletter have remained basically the same.  We spent $1,430.39 for the printing and postage of the Spring 2006 newsletter and spent $1,453.97 for the Fall 2006 newsletter.  We are planning to fund a project at Bentley College this fall, since our balance has been increasing over the last few years.  

 

In January, I wrote and submitted our Section’s 2006 Financial Report, and at the beginning of the summer, I shall be writing our section’s annual report.  

 

That is my update for now!   We are all looking forward to the Spring MAA meeting at Keene State University on June 8-9, where I will update you further on our finances.  I wish you all a very enjoyable spring semester!