ND-MB Chapter of the ACRL: Finances
Treasurer's Report - May 9, 2001
May 2000 - May 2001

Balance as of May 1, 2000     $  2,440.94
       
Deposits:      
Dues
 $  538.20    
Interest
 $    19.45    
Annual Meeting in Fargo
$     622.24    
Total Income
 $  1,179.19    
       
Expenses:      
Betsy Wilson-honorarium/Fargo
  $  100.00  
Asako Yoshida-labels
  $ 33.58  
Asako Yoshida-mailings
  $  4.18  
NDSU-luncheon & refreshments
  $  590.70  
U. of Manitoba-replace lost flipchart
  $  90.00  
Fee for depositing too many checks**
   $ 1.80  
ND Secretary of State-inc. filing fee
  $ 10.00  
Pearson-Christensen-incorporation fee
  $  1,352.00  
UND-Library of the Health Sciences-election costs
  $        36.65  
Total Expenses
   $  2,218.91  
       
Balance as of May 1, 2000     $  1,401.92
       

**The Chapter's money is in an interest bearing account, and a fee is charged for depositing too many checks.  This is unavoidable during membership renewal periods.  The account earns more interest than we pay in fees.  The recommendation is that we keep the current account rather than switch to a no-fee/no- interest account.

Members as of May 2001 - 52 total (21 from Manitoba - 31 from North Dakota)

Our fiscal year is September 1 - August 31.  Members receive their renewal forms in August.

Respectfully submitted,
Mary Hegle Drewes, Treasurer