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Gail Halderman, treasurer of the Rotary Club of Medicine Hat presented the annual budget for this Rotary year.
It was noted that this is Gail's 20th year as treasurer, for which he received a warm acknowledgement.
The budget in general highlighted specific things.
- there is no casino income in this Rotary year, as our next event is likely next fall.
- annual dues are unchanged at $220/year and are payable now. Everyone should have an invoice.
- a correction was made to the expenditures under International Service, it should have been $20,000 in (16-17) for our Nicaragua project.
- our annual donation to the Music Festival Society is identified at $40,000 this year.
- the club has significant cash in our gaming reserves, which we have requested AGLC to allow us to hold onto, pending expenditures on our Centennial project.
A number of questions were asked, and on a motion from Treasurer Gail, the budget was passed unanimously.
A complete copy of the document is available to club members under the "Club Documents" section of Clubrunner. Treasurer Gail will have an updated copy, including the breakdown by directorship available if anyone wishes to read through it. Many thanks to Gail and the rest of club executive for getting that process finished and presented to the club early in the year.
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