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Budget
Report
I have had the pleasure
for the last several years of being on the Budget Committee. In 2008, we
reduced our spending due to the economy taking a negative turn in the fall
of 2007. Then when Miss Juliana Tu took office in 2009 we reduced further
and it was decided to give back to the membership, invest in our members.
Juliana’s budget included 5 scholarships to CEA conference and 10 annual
memberships. This coming year Miss Miriam Brown, our 2010 President, has
decided to continue the cost cutting measures and also continue the CEA
conference scholarships and annual membership reimbursements. So each month
when you attend our dinner meetings, be sure to complete the entry slips for
a chance to win a scholarship for 2010 CEA conference or a 2011 membership.
The budget for 2010 was
approved at our January Board meeting and we continue to be an award winning
and fiscally strong region. The last few years we have seen many of our
membership lose their jobs, change jobs and have more of the financial
responsibility for membership coming from their pocketbooks rather than
their company’s. Your Board of Directors has fought hard to keep costs
down. In recent years we have reduced the price of the dinner meeting by
going to a buffet. The monthly dinner meeting flyers are no longer sent by
snail mail; by sending an eblast we have saved postage costs. The
newsletter is also digital, expanding it contents, color and speed in which
it is delivered. We also have included Skype access to our board meetings
and have done more with reducing costs by taking many small measures adding
up to an over 20% reduction in our yearly operating costs.
I personally would like
to thank you for your membership, your sponsorship and commitment to making
our region one of the best in the state. Your 2010 Board of Directors, your
CEA Directors and your Committees and their Chairpersons continue to keep
our region strong in education, community involvement and general support
for our industry. I know I speak for all of them when I humbly express my
gratitude for your membership and your active participation in our region.
Randy Caruso
Budget & Audit Committee
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