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SN Treasurer's Report 1st Quarter 2011

Posted by Hilltopper 
SN Treasurer's Report 1st Quarter 2011
March 31, 2011 08:19PM
2010/2011 Pro/Am Monies collected: $4848
2010/2011 Doubles Monies collected: $1052
2010/2011 Bag Tag Monies collected: $1240

Total 2010/2011 fees: $9604
Total 2010/2011 fees collected: $5900

Collection percentage: 61%

Total expenditures 1st Quarter 2011: None

Total Money in SN Account: $9590.57

A couple of notes: The collection percentage is more like 69%. It does not include deductions for fee donated events and also some events run by a club running a championship per their request. Collections usually run 1-2 months behind events, so 69% is about normal.

The extra money in the account is from events that turned money in late last year plus the reserve built up into a reserve fund. The BOD .25 cent reduction has not been calculated into the fee totals. Also I don not figure out the Pro/Am money split until June for the champs.

Thanks,
Josh Lenox
SN Treasurer
Re: SN Treasurer's Report 1st Quarter 2011
March 31, 2011 09:55PM
thanks josh

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Justin Tolbert
BHS Disc Golf [www.youtube.com]
Mobile, Alabama
Re: SN Treasurer's Report 1st Quarter 2011
March 31, 2011 10:06PM
Great job Josh!
Re: SN Treasurer's Report 1st Quarter 2011
April 07, 2011 10:17AM
Josh - Can you tell us the amount of fees from the 2009-2010 SN season that were turned in late and are now in the SN bank account? I think the SN BOD might try to think of ways to return this money to the players. Some ideas: (1) Send the money to the 2011 Championships for distribution as prizes or cash; (2) give the money to the championships over 2-3 years for distribution; (3) Send cash to certain tournaments to be used as an ace pot for SN bag tag holders; (4) Send cash to certain tournaments to be awarded as CTPs for bag tag holders.

I am sure others can think of even more creative ways to use the money, but I think it should all be returned, in some form or fashion, to the players (who should have received it at last year's championships).

Rob
Re: SN Treasurer's Report 1st Quarter 2011
April 07, 2011 10:48AM
I like those bag tag ideas Rob. That certainly might raise some interest in them.

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And every time the wind blows
It brings me down to meet the mood I'm in.
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SN Top25 Bag Tag database
BRDGA Top10 Bag Tag database
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Re: SN Treasurer's Report 1st Quarter 2011
April 07, 2011 11:17AM
In past season money turned in late was added to the appropriate divisions during the next SNAC/SNPC. I think that as long as it goes back to the players in some fashion as Rob pointed out then all is good. Using that extra money for bag tag prizes is a good idea......and pretty topical.

JOhn k
Re: SN Treasurer's Report 1st Quarter 2011
April 07, 2011 03:14PM
I like that idea as well. Boosting interest in our fundraiser is never bad.

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Justin Tolbert
BHS Disc Golf [www.youtube.com]
Mobile, Alabama
Re: SN Treasurer's Report 1st Quarter 2011
June 06, 2011 05:31PM
Fees for the Kaitlin Aydell tournament and SN Cup fund raiser were mailed today that check totaled 128.00.
Also mailed was a check for 180.00 for the 9 bag tags given out as prizes at the Kaitlin Aydell tournament. 1 bag tag remains here.

Both checks were sent to Josh.

All fees are considered paid in full by La Cote to SN.

Audria Bodin



Edited 1 time(s). Last edit at 06/06/2011 05:59PM by Mrs. Sunshine.
Re: SN Treasurer's Report 1st Quarter 2011
June 06, 2011 05:45PM
Thanks for the update, and all of ya'lls hard work!

Leslie
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