Minutes of the December 2, 2002 Meeting
by Kim K.
The meeting was called to order by President Anne K at 7:08pm.
Changes to November Minutes
Under changes to the November minutes, there was a clarification by Rose R about
the gardening contest. The contest involves an entire city and the cost of
the contest is $600. The contest and whether or not the City of River
Falls should be involved will be discussed in old business at a future meeting.
Treasure's Report
Total net worth as of today is $6,476.58.
This consists of the following accounts:
| Checking Account $20.68 |
| Savings Account $2,689.70 |
| Certificate of Deposit $3,750.65 |
| Other Assets * $0.00 |
| Petty Cash $10.00 |
| Stamps $5.55 |
(* In November 2002, we sold the twelve car wash tokens that had been previously purchased for the WellHaven residents inconvenienced by our use of their parking garage for our annual plant sale. These tokens were subsequently not used because the location was changed to the Armory.)
Activity since the last meeting on November 4 was as follows:
Net decrease of - $629:
| Income of - $32: |
| Memberships 2002 - $5 One 2002 senior renewal |
| Memberships 2003 - $25 One senior/ 2 regular memberships |
| Guest fees - $2 From Nov meeting |
| Interest Earned - $0 |
Expenses of $661:
| Library Donations - $626 Book & video purchases |
| Postage - $20 December newsletter |
| Print & Copy Costs - $15 December newsletter production |
Proposed 2003 budget highlights
Treasurer Mae Wolfe suggested the club should think about increasing certain line items
in the future such as
scholarships. The proposed budget, a conservative estimate, reflects a lower revenue with the plant sale,
perhaps around $1280. The sale will be at the Armory on May 24.
Proposed line items include: $350 for library donations; $200 for community
education; $800 for scholarships; $250 for share the bounty; $500 for Heritage
Park; and $600 for speakers.
Highlight of the budget will be discussed at the February 2003 meeting. The proposed budget will take the club to just below $1000 in usable assets. Previously, the club had closer to $2000 in usable assets.
Old Business
Reminder from Anne K that there is not a meeting in January.
No new other old business to discuss at this time.
New Business
Election of Officers
The slate of officers includes:
President - Anne Kerfoot
Vice-president -Tina Adamek
Secretary - Kim Kiiskinen
Treasurer - Mae Wolfe
President Anne K asked if there were any other recommendations for officers. None were presented. Lori N made a motion to accept the slate of officers, seconded by Margaret S. Motion passed.
President Anne K closed the meeting.
Announcement - a canoe earring is missing, please bring to the next meeting if found.