This is the repository for all Branch 98 BEC Documents.  Get the latest information on the Branches financial situation & membership!

Gentlemen,                                                                                                                                          February 1, 2021

Please see the attached Branch 98 Form 28 for January 2021.  As can be seen in the attachment, Branch 98 currently has an operating cash balance of $9,994.62, which includes $9,494.62 in checking and $500.00 in petty cash. This amount includes 2021 dues collected during the month of January.  A summary of this month’s financial activities are as follows:

  • Collected $1,235.00 for 2021 annual Dues this month. Forty-nine (49) members paid their 2021 dues this month, which amounts to 76 members have paid their 2021 dues thus far. This represents 27% (76/281) of the Branch have paid 2021 dues at this time. Dues payments are being sent to the Treasurer, albeit, at a slower rate than expected. By the end of January 2020 the Branch had collected dues from 52% of the membership.     
  • Interest on checking account was $0.07 this month.
  • On 1/2/2021 provided $188.94 (Ck #1122) to Jerry Foster for ink supplies for the Rooster Tale printing. 
  • Paid $0.00 for Branch 98 1st Qtr. Assessment. First quarter assessment fee was waived by the State SIRs organization.
  • Paid $ 42.46 to Deluxe for additional Branch 98 Checking account deposit slips (by credit card).

Please let me know if you have any questions or comments on this report. 

 Best Regards,

 Bill Kemper

SIRS Branch 98 Treasurer

3466 Paseo Mira Vista

Lincoln, CA 95648

916-587-3810 (home)

410-279-0809 (mobile)

 

 

Gentlemen,                                                                                                                     March 1, 2021

 

Please see the attached Branch 98 Form 28 for February 2021.  As can be seen in the attachment, Branch 98 currently has an operating cash balance of $11,245.96, which includes $10,745.96 in checking and $500.00 in petty cash. This amount includes 2021 dues collected during the month of February.  A summary of this month’s financial activities are as follows:

  • Collected $1,512 for 2021 annual Dues. Sixty-five (65) members paid their 2021 dues this month, which amounts to 143 members have paid their 2021 dues thus far. This represents 51% (143/283) of the Branch have paid 2021 dues at this time. Dues payments this month are definitely on the increase from last month, albeit still behind 2020 performance (67% in Feb. 2020).  Nonetheless, the various communications initiated by the BEC regarding payment of 2021 dues appear to be fruitful in regards to collections of annual dues.     
  • Interest on checking account was $0.07 this month.
  • On 2/1/2021 paid $110.73 (Ck #1123) to Jim Gragg to reimburse him for a gift certificate for Robin Doria, and engraving charges on the Les Olson annual award.     
  • On Feb. 1, 2021 refunded Mark Santor $150 (Ck #1124) for his unused 2021 Luncheon Pre-payments.

Please let me know if you have any questions or comments on this report. 

 Best Regards,

 Bill Kemper

SIRS Branch 98 Treasurer

3466 Paseo Mira Vista

Lincoln, CA 95648

916-587-3810 (home)

410-279-0809 (mobile)

Gentlemen,                                                                                   April 1, 2021

 

Please see the attached Branch 98 Form 28 for March 2021.  As can be seen in the attachment, Branch 98 currently has an operating cash balance of $13,064.05, which includes $12,564.05 in checking and $500.00 in petty cash. This amount includes 2021 dues collected during the month of March.  A summary of this month’s financial activities are as follows:

  • Collected $1,793 for 2021 annual Dues. Seventy-one (71) members paid their 2021 dues this month, which amounts to 210 members have paid their 2021 dues thus far. This represents 75% (210/280) of the Branch have paid 2021 dues at this time. Dues payments in March 2020 were 70% of the Branch so we are doing well comparatively.

 

  • Interest on checking account was $0.09 this month.

 

Please let me know if you have any questions or comments on this report.

Best Regards,

Bill Kemper

SIRS Branch 98 Treasurer

3466 Paseo Mira Vista

Lincoln, CA 95648

916-587-3810 (home)

410-279-0809 (mobile)

 

Gentlemen,                                                                                   May 1, 2021

 

Please see the attached Branch 98 Form 28 for April 2021.  As can be seen in the attachment, Branch 98 currently has an operating cash balance of $12,925.40, which includes $12,425.40  in checking and $500.00 in petty cash. This amount includes 2021 dues collected during the month of March.  A summary of this month’s financial activities are as follows:

  • Collected $380.00 for 2021 annual Dues this month. Fourteen (14) members paid their 2021 dues this month, which amounts to 224 members have paid their 2021 dues thus far. This represents 79% (224/284)  of the Branch have paid 2021 dues at this time.      

 

  • Interest on checking account was $0.10 this month.

 

  • Paid $491.75 for Branch 98 2nd Qtr. assessment (Ck #1125) on April 4, 2021, which is based on 281 Active Members at $1.75 each.

 

  • On 4/2/2021 paid $27.00 (via credit card) to Constant Contact for the month of April. Credit card was paid off on 4/5/2021.

 

Please let me know if you have any questions or comments on this report. Also, this information has been uploaded to the Branch 98 website.

 Best Regards,

 Bill Kemper

SIRS Branch 98 Treasurer

3466 Paseo Mira Vista

Lincoln, CA 95648

916-587-3810 (home)

410-279-0809 (mobile)

 

 

Gentlemen,                                                                           June 1, 2020

Please see the attached Branch 98 Form 28 for May 2020.  As can be seen in the attachment, Branch 98 currently has an operating cash balance of $9,333.39, which includes $8,833.39 in checking and $500.00 in petty cash. This amount includes 2020 dues collected during the month of May.  A summary of this month’s financial activities are as follows:

  • Collected $255.00 for 2020 annual Dues. Ten (10) members paid their 2020 dues this month, which amounts to 230 members have paid their 2020 dues thus far. This represents 82% (230/282) of the Branch have paid 2020 dues at this time.
  • Interest on checking account was $0.36 this month.

3) There was no luncheon this month due to the Coronavirus social restrictions in place.

Please let me know if you have any questions or comments on this report. Also, this information has been uploaded to the Branch 98 website.

 Best Regards,

 Bill Kemper

SIRS Branch 98 Treasurer

3466 Paseo Mira Vista

Lincoln, CA 95648

916-587-3810 (home)

410-279-0809 (mobile)

billkemper63@gmail.com

Gentlemen,                                                                                                                                       July 2, 2020

Please see the attached Branch 98 Form 28 for June 2020.  As can be seen in the attachment, Branch 98 currently has an operating cash balance of $9,368.18, which includes $8,868.18 in checking and $500.00 in petty cash. This amount includes 2020 dues collected during the month of May.  A summary of this month’s financial activities are as follows:

  1. Collected $265.00 for 2020 annual Dues. Twelve (12) members paid their 2020 dues this month, which amounts to 242 members have paid their 2020 dues thus far. This represents 85% (242/284) of the Branch have paid 2020 dues at this time.
  2. Interest on checking account was $0.22 this month.
  3. There was no luncheon this month due to the Coronavirus social restrictions in place.

Please let me know if you have any questions or comments on this report. 

 Best Regards,

 Bill Kemper

SIRS Branch 98 Treasurer

3466 Paseo Mira Vista

Lincoln, CA 95648

916-587-3810 (home)

410-279-0809 (mobile)

billkemper63@gmail.com

Gentlemen,                                                                           August 1, 2020

Please see the attached Branch 98 Form 28 on the website for July 2020.  As can be seen in the document, Branch 98 currently has an operating cash balance of $8,934.71, which includes $8,434.71 in checking and $500.00 in petty cash. This amount includes 2020 dues collected during the month of July.  A summary of this month’s financial activities are as follows:

  • Collected $125.00 for 2020 annual Dues. Four (4) members paid their 2020 dues this month, which amounts to 246 members have paid their 2020 dues thus far. This represents 86% (246/285) of the Branch have paid 2020 dues at this time. At this time last year we had collected 98% of the Branch dues, so we are a bit behind the curve in regards to dues collections.
  • Interest on checking account was $0.07this month.
  • Paid $495.25 for Branch 98 3rd Qtr. assessment (Ck #1114) on July 1, 2020, which is based on 283 Active Members at $1.75 each.    
  • There was no luncheon this month due to the Coronavirus social restrictions in place.
  • Paid $63.51 via credit card for Go Daddy Web Hosting for SIR98.org (3 Yr. subscription) Renewal. The credit card was paid off on 7/29/2020. This is a Misc. expense in regards to the 2020 Budget.

Please let me know if you have any questions or comments on this report. Also, this information has been uploaded to the Branch 98 website.

 Best Regards,

 Bill Kemper

SIRS Branch 98 Treasurer

3466 Paseo Mira Vista

Lincoln, CA 95648

916-587-3810 (home)

410-279-0809 (mobile)

billkemper63@gmail.com

Gentlemen,                                                                                                                                                                   September 1, 2020

Please see the attached Branch 98 Form 28 for August 2020.  As can be seen in the attachment, Branch 98 currently has an operating cash balance of $8,973.47, which includes $8,473.47 in checking and $500.00 in petty cash. This amount includes 2020 dues collected during the month of August.  A summary of this month’s financial activities are as follows:

  • Collected $220.00 for 2020 annual Dues. Eight (8) members paid their 2020 dues this month, which amounts to 262 members have paid their 2020 dues thus far. This represents 92% (262/286) of the Branch have paid 2020 dues at this time.
  • Interest on checking account was $0.07 this month.
  • On 8/22/2020 provided Jerry Foster $66.00 (Ck #1116) to reimburse him for stamps needed to mail out the Rooster Tail to members who do not have email.    
  • On 8/27/2020 provided Ramesh Thadani $89.99 (Ck #1117) to reimburse him for purchasing MS Publisher software, which is needed for him to produce the Rooster Tail.
  • There was no luncheon this month, the luncheon was cancelled due to the Coronavirus. However, a Zoom luncheon meeting was held on August 12, 2020 and drawing prizes were awarded.  A $25.32 expense reimbursement (Ck #1115) was provided to Jim Gragg on 8/18/2020 to reimburse him for a drawing prize.        

Please let me know if you have any questions or comments on this report. 

 Best Regards,

 Bill Kemper

SIRS Branch 98 Treasurer

3466 Paseo Mira Vista

Lincoln, CA 95648

916-587-3810 (home)

410-279-0809 (mobile)

billkemper63@gmail.com

Gentlemen,                                                                           October 1, 2020

Please see the attached Branch 98 Form 28 for September 2020.  As can be seen in the attachment, Branch 98 currently has an operating cash balance of $9,003.53, which includes $8,503.53 in checking and $500.00 in petty cash. This amount includes 2020 dues collected during the month of September.  A summary of this month’s financial activities are as follows:

  • Collected $30 for 2020 annual Dues. One (1) member paid their 2020 dues this month, which amounts to 263 members have paid their 2020 dues thus far. This represents 92% (263/287) of the Branch have paid 2020 dues at this time.
  • Interest on checking account was $0.06 this month.
  • There was no luncheon this month, the luncheon was cancelled due to the Coronavirus.

Please let me know if you have any questions or comments on this report.

 Best Regards,

 Bill Kemper

SIRS Branch 98 Treasurer

3466 Paseo Mira Vista

Lincoln, CA 95648

916-587-3810 (home)

410-279-0809 (mobile)

billkemper63@gmail.com

Gentlemen,                                                                                                                                                                  November 1, 2020

Please see the attached Branch 98 Form 28 for September 2020.  As can be seen in the attachment, Branch 98 currently has an operating cash balance of $8,631.62, which includes $8,131.62 in checking and $500.00 in petty cash. This amount includes 2020 dues collected during the month of October.  A summary of this month’s financial activities are as follows:

  • Collected $250.00 for 2020 annual Dues. Nine (9) members paid their 2020 dues this month, which amounts to 272 members have paid their 2020 dues thus far. This represents 95% (272/287) of the Branch have paid 2020 dues at this time. Also, $75.00 in 2021 dues were received this month from three (3) members for a total of $325.00 in dues collected this month.
  • Interest on checking account was $0.06 this month.
  • On 9/6/2020 paid Jerry Foster $198.22 (Ck #1118) to reimburse him for Rooster Tail printing supplies.
  • Paid $498.75 for Branch 98 4th Qtr. assessment (Ck #1119) on October 6, 2020, which is based on 285 Active Members at $1.75 each. This is an Administrative expense.
  • There was no luncheon this month, the luncheon was cancelled due to the Coronavirus.

Please let me know if you have any questions or comments on this report. Also, this information has been uploaded to the Branch 98 website.

 Best Regards,

 Bill Kemper

SIRS Branch 98 Treasurer

3466 Paseo Mira Vista

Lincoln, CA 95648

916-587-3810 (home)

410-279-0809 (mobile)

billkemper63@gmail.com

 

Gentlemen,                                                                                                                                                                              December 1, 2020

Please see the attached Branch 98 Form 28 for November 2020.  As can be seen in the attachment, Branch 98 currently has an operating cash balance of $9,096.40, which includes $8,596.40 in checking and $500.00 in petty cash. This amount includes 2020 and 2021 dues collected during the month of November.  A summary of this month’s financial activities are as follows:

  • Collected $110.00 for 2020 annual Dues. Four (4) members paid their 2020 dues this month, which amounts to 272 members have paid their 2020 dues thus far. This represents 97% (272/284) of the Branch have paid 2020 dues at this time. Also, $150.00 in 2021 dues was received this month from six (6) members for a total of $260.00 in dues collected this month.
  • Interest on checking account was $0.06 this month.
  • On 11/25/2020 collected $674.00 for SIRs Apparel sales from January through November, 2020. This a RAMP (Other) revenue.
  • On 11/23/2020 paid $469.28 to Gary Carrier to reimburse him for SIR Apparel monogramming expenses from January through November 2020. This is a RAMP expense.
  • There was no luncheon this month, the luncheon was cancelled due to the Coronavirus.

Please let me know if you have any questions or comments on this report. 

 Best Regards,

 Bill Kemper

SIRS Branch 98 Treasurer

3466 Paseo Mira Vista

Lincoln, CA 95648

916-587-3810 (home)

410-279-0809 (mobile)

billkemper63@gmail.com

Gentlemen,                                                                                                                                                                         January 1, 2021

Please see the attached Branch 98 Form 28 for December 2020.  As can be seen in the attachment, Branch 98 currently has an operating cash balance of $8,990.95, which includes $8,490.95 in checking and $500.00 in petty cash. This amount includes 2021 dues collected during the month of December.  A summary of this month’s financial activities are as follows:

  • Collected $290.00 for 2021 annual Dues. Twelve (12) members paid their 2021 dues this month, which amounts to 27 members have paid their 2021 dues thus far. This represents 15% (27/284) of the Branch have paid 2021 dues at this time.
  • Interest on checking account was $0.07 this month.
  • On 12/4/2020 paid Clint’s Trophy Mart $60.00 for Branch 98 Officer Badges (via credit card) for production of numerous BEC Officer’s badges. Credit card paid off on 12/4/2020. This an Administrative (Other) expense.
  • On 12/4/2020 paid $335.52 to GoDaddy.com, LLC for the 2 Year service plan renewal for 1) Website Backup 10GB-Renewal – $47.76, and 2) Deluxe Linux Hosting with cPanel Renewal – $287.76. Credit card paid off on 12/4/2020. This is a Miscellaneous expense.
  • There was no luncheon or Christmas Party this month, due to the Coronavirus.

Please let me know if you have any questions or comments on this report. 

 Best Regards,

 Bill Kemper

SIRS Branch 98 Treasurer

3466 Paseo Mira Vista

Lincoln, CA 95648

916-587-3810 (home)

410-279-0809 (mobile)

billkemper63@gmail.com

Gentlemen

Attached are the table and graphic reflecting the current year budget data. Since the budget is essentially a repeat of the previous year with little means of anticipating ongoing Covid effects, it is difficult to expect compliance at this time.

January is generally a big month for dues collection. As Bill Kemper reported, dues are trickling in, but not at the normal rate we would see during our live lunch meetings. This will continue to be a wait and see situation.

We still hope and plan for a group BBQ picnic and the Christmas party, so those items continue to exist in the budget. However, the timing of the BBQ will be at best delayed. This will cause wrinkles in the monthly timing of revenues and expenses but should even out before years end.

Any questions or comments may be directed to myself.

Greg Davis

Branch 98 Assistant Treasurer

liongreg01@gmail.com

 
 
 
 
 
 
 
 
 

Gentlemen

Attached is the February budget report and accompanying chart.

For this month we are budgeted to have approximately $1479 revenues over expenses, primarily the result of dues collections. We are actually reporting revenues at approximately $1252 over expenses, (i.e., below budget) which is mostly a reflection of slow dues payments by members. Similarly, YTD actual revenues are exceeding actual expenses by $2191, where we are budgeted for an excess of $712.

We are seeing increases in dues payments as correspondence goes out to members advising them how to make payments and why they are necessary. Gladly, we are seeing very few members actually withdraw from SIRs.

Any questions may be directed to me

Greg Davis

Branch 98 Assistant Treasurer

liongreg01@gmail.com

Gentlemen,                                                                                                                              April 8, 2019

I have summarized the information reported for the budget tracking report for March and year-to-date (YTD) 2019.  The summary is segregated between general administrative and other specific funds (picnic, Christmas Party, etc.). The details of the general administrative and a special activities are included in the monthly Form 28 report.  We will provide a separate report for a specific activity as it is completed and all income and expenses are tallied or at any time the BEC requests.

Revenue and Expenses by Activity:

 

 

 

 

 

 

 March

 

 March YTD

 

 

 

 

 

 

 Actual

 Budget

 Var

 

 Actual

 Budget

 Var

General Fund:

 

 

 

 

 

 

 

 

Total General Fund Revenue

      401

     1,513

  (1,112)

 

    3,802

     4,928

  (1,126)

 

Total General Fund Expenses

 0

1,042

1,042

 

1,081

2,450

    1,369

 

     Net income/(expense) before transfers

             401

           471

          (71)

 

         2,721

         2,478

           243

Transfers (to)/from other Funds:

 

 

 

 

 

 

 

 

 Luncheon Fund

      (98)

              –  

      (98)

 

    (205

             –  

    (205)

 

Picnic Fund

952

(678)

1630

 

812

(678)

1,896

 

Christmas Party Fund

 

 

           –  

 

 

 

             –  

 

SIRS Clothing Inventory

    –

              –  

    –

 

   (927)

             –  

    (927)

 

       Total Transfers (To)/From

        854

         (678)          

        1,532

 

        (321)

              (678) 

          357

 

Total Net Income/(Expense)

     1,255

         (207)

     1,461

 

      2,400

      1,800

        600

Branch 98 administrative financial activities for March continued to track fairly well compared to the budgeted revenues and expenditures; however, timing of revenue and expenses for the picnic fund .  Noteworthy points of March’s budgeted financial activities are discussed below:

 

1.   Administrative expenses YTD are lower than budgeted.  This appears to be normal timing of expenses since we generally prorate the expenses evenly over the year but actual to not necessarily behave in that manner.

 

2.   YTD we have covered $205 of luncheon expense.  The budget anticipates a breakeven.  The annual picnic had ticket sales of $952 vs budget of $900 and expenses of $140 vs budget of $1,578.  This appears to be timing difference which should sort itself out by May.

 

3.   The purchase of SIR clothing was not budgeted but should be recoverable as these items are sold.  We do need to determine who and how this inventory is going to be tracked and accounted for.

 

 

 

This report is based on the approved 2019 budget and is provided for discussion at the April BEC meeting.  I will answer any questions that may arise at the April BEC meeting.

 

 

Best Regards,

Bill Kinzie

 

SIRS Branch 98 Asst. Treasurer

Cell:  650-996-2859

william.kinzie@gmail.com

 

Gentlemen,                                                                 May 11, 2020

I have summarized the information reported in the Current Annual Budget Report and Budget Chart, which are attached, for April and year-to-date (YTD) 2020.  The summary is segregated between General Fund and Custodial Accounts (picnic, Christmas Party, etc.). Detailed explanation of all revenue and expenses are included in the monthly Form 28 report. 

Revenue and Expenses by Activity:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 April

 

 April YTD

 

 

 

 

 

 

 Actual

 Budget

 Variance

 

 Actual

 Budget

 Variance

 

 

 

 

 

 

 

 

 

 

 

 

 

General Fund:

 

 

 

 

 

 

 

 

Total General Fund Revenue

          555

             1

          555

 

         3,581

         4,577

           (996)

 

Total General Fund Expenses

       (476)

    (1,025)

             549

 

       (2,068)

      (2,950)

             882

 

     Net income/(expense) before transfers

            79

      (1,025)

          1,104

 

         1,513

         1,627

           (114)

 

 

 

 

 

 

 

 

 

 

 

 

 

Transfers (to)/from other Funds:

 

 

 

 

 

 

 

 

    Luncheon Fund

            –  

         (22)

            22

 

           353

           (34)

            386

 

    Picnic Fund

            –  

      1,820

      (1,820)

 

         (155)

        1,844

      (1,999)

 

   Christmas Party Fund

            –  

            –  

            –  

 

              –  

              –  

              –  

 

   Events (ticket purchases, etc)

 

               –  

               –  

                 –  

 

                  –  

            500

          (500)

 

   SIRS Clothing Inventory

            –  

           42

           (42)

 

           (99)

           168

         (267)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

       Total Transfers (To)/From

            –  

       1,840

       (1,840)

 

              99

         2,478

        (2,380)

 

Total Net Income/(Expense)

          79

        815

      (736)

 

       1,612

      4,105

     (2,494)

 

Total Branch 98 Net Income/Expense for April is unfavorable to Budget $736. YTD is an unfavorable variance of $2,494.  Key variances for the month and YTD are noted below:

1.   For April, we are still collecting Dues but are out of pocket expenses are lower resulting in a favorable variance of $1,104. YTD revenue is down but so are expenses so we are at a near breakeven.

2.   We budgeted for sale of Picnic tickets in April which did not happen due to the Picnic cancellation.  As a result, we have unfavorable variance for the month and YTD.  This will be offset in May since we will not incur the Picnic expense budgeted in May.

3.   Event ticket sales should be a direct offset of revenue and expense with some allowance of overhead (ticket fees, etc.). Revenue from ticket sales had been budgeted in a prior month with actual expenses to be incurred later.  This is a timing difference only.

 

This report is based on the approved 2020 budget and is provided for discussion at the May BEC meeting.  I will answer any questions that may arise at the May BEC meeting.

 

 

Best Regards,

Bill Kinzie

 

SIRS Branch 98 Asst. Treasurer

Cell:  650-996-2859

william.kinzie@gmail.com

 

 

 

Gentlemen,                                                                                                                               June 11, 2019

 

I have summarized the information reported for the budget tracking report for May and year-to-date (YTD) 2019.  The summary is segregated between general administrative and Custodial Accounts (picnic, Christmas Party, etc.). The details of all revenue and expenses are included in the monthly Form 28 report. 

Revenue and Expenses by Activity:

 

 

 

 

 

 

 May

 

 May YTD

 

 

 

 

 

 

 Actual

 Budget

 Variance

 

 Actual

 Budget

 Variance

 

 

 

 

 

 

 

 

 

 

 

 

 

General Fund:

 

 

 

 

 

 

 

 

Total General Fund Revenue

            0

            1

           (1)

 

     3,998

     4,430

       (432)

 

Total General Fund Expenses

       (41)

      (496)

            455

 

  (1,912)

   (3,954)

          2,042

 

     Net income/(expense) before transfers

      

(40)

     

(495)

       

 454

 

    

2,085

      

 476

     

1,609

 

 

 

 

 

 

 

 

 

 

 

 

 

Transfers (to)/from other Funds:

 

 

 

 

 

 

 

 

    Luncheon Fund

          54

           –  

          54

 

     (327)

           –  

       (327)

 

    Picnic Fund

 (1,932)

      (813)

     (1,119)

 

          55

        266

       (211)

 

   Christmas Party Fund

 

 

           –  

 

 

 

           –  

 

   Events (ticket purchases, etc)

 

              –  

         (21)

          21

 

        (10)

         396

       (406)

 

   SIRS Clothing Inventory

           –  

           –  

           –  

 

     (927)

           –  

       (927)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

       Total Transfers (To)/From

     (1,878)

        (834)

    

(1,044)

 

     (1,209)

       

662

    

(1,871)

 

Total Net Income/(Expense)

  (1,919)

  (1,329)

     (590)

 

      877

   1,138

     (261)

 

Branch 98 administrative financial activities for May continued to track fairly well compared to the budgeted revenues and expenditures. Noteworthy points of May’s budgeted financial activities are discussed below:

1.   Administrative expenses YTD are lower than budgeted.  In particular, RAMP, Little Sir and Miscellaneous are each about $500 or more below budget. This is possibly just a timing of expenses since we generally prorate the expenses evenly over the year but actuals do not necessarily behave in that manner.

2.   YTD we have covered $327 of luncheon expense.  The budget anticipates a breakeven. 

3.   The annual picnic had a profit of $55 but the Budget wanted $266 for an unfavorable variance to budget of $211.

4.   The purchase of SIR clothing was discussed in the prior two reports.

 

 

 

This report is based on the approved 2019 budget and is provided for discussion at the June BEC meeting.  I will answer any questions that may arise at the June BEC meeting.

 

Best Regards,

Bill Kinzie

 

SIRS Branch 98 Asst. Treasurer

Cell:  650-996-2859

william.kinzie@gmail.com

 

Gentlemen,                                                                                                                                    July 8, 2019

I have summarized the information reported in the Current Annual Budget Report and Budget Chart, which are attached, for June and year-to-date (YTD) 2019 financial activities.  The summary is segregated between General Fund and Custodial Accounts (picnic, Christmas Party, etc.). Detailed explanation of all revenue and expenses are included in the monthly Form 28 report. 

Revenue and Expenses by Activity:

 

 

 

 

 

 

 June

 

 June YTD

 

 

 

 

 

 

 Actual

 Budget

 Variance

 

 Actual

 Budget

 Variance

 

 

 

 

 

 

 

 

 

 

 

 

 

General Fund:

 

 

 

 

 

 

 

 

Total General Fund Revenue

        275

            1

         274

 

         4,273

     4,431

       (158)

 

Total General Fund Expenses

        (95)

        (471)

              376

 

       (2,529)

    (3,925)

           1,396

 

 Net income/(expense) before transfers

        181

     (470)

         650

 

         1,744

        506

      1,238

 

 

 

 

 

 

 

 

 

 

 

 

 

Transfers (to)/from other Funds:

 

 

 

 

 

 

 

 

    Luncheon Fund

      (75)

           –  

            (75)

 

         (403)

           –  

         (403)

 

    Picnic Fund

       (63)

       (55)

              (8)

 

              (8)

        211

          (219)

 

   Christmas Party Fund

 

 

           –  

 

 

 

           –  

 

   Events (ticket purchases, etc)

 

             –  

          (21)

              21

 

           (415)

       (125)

         (290)

 

   SIRS Clothing Inventory

           –  

           –  

           –  

 

              –  

           –  

           –  

 

       Total Transfers (To)/From

     (139)

        (76)

  (63)

 

          (825)

          86

       (911)

 

Total Net Income/(Expense)

         42

     (546)

       588

 

          918

      592

      326

 

Total Branch 98 activities for June continued to track with the Budget. YTD is a favorable variance of $326. However, there are certain individual line items that are favorable which offset unfavorable line items.  These items are noted below:

1.   Certain Administrative expenses YTD are lower than budget.  In particular, Little Sir ($600) and Miscellaneous ($750) are below budget contributing to the General Fund favorable variance of $1,238.

2.   In June, we reclassified the purchase of SIRS clothing inventory ($927) as a RAMP member relations (retention) expense on a year to date basis.  This reclassification has no effect on the overall actuals/budget

3.   YTD we have covered $403 of extra luncheon expense.  The budget anticipates a breakeven. 

4.   The Picnic, after some additional expenses in June, was a loss of $8 but was budgeted to make $211 for a net unfavorable variance of $219.

5.   Events was unfavorable to budget by $290 primarily due to $305 paid for space at the Hot Chili and Cool Cars event.

 

This report is based on the approved 2019 budget and is provided for discussion at the July BEC meeting.  I will answer any questions that may arise at the July BEC meeting.

Best Regards,

Bill Kinzie

 

SIRS Branch 98 Asst. Treasurer

Cell:  650-996-2859

william.kinzie@gmail.com

Gentlemen,                                                                                                   August 1, 2020

 

The attached budget tracking report for July 2020 is provided for information and discussion at the August 11, 2020 BEC meeting.  This report is based on the approved 2020 budget and includes the 2020 annual dues revenues collected to date.  Due to the Coronavirus there are not many financial activities to report.  Consequently, Branch 98 financial activities are not in line with the approved 2020 budgeted revenues and expenditures.  The detailed July revenues and expenditures were discussed in the July Form 28 transmittal, so I will not repeat that information here. 

In spite of the curtailed financial activities this year, the overall YTD Budget Variance as of July is $608 (under budget), which means the revenues collected thus far are tracking our expenses fairly well. 

Please let me know if there are any other July revenues or expenses not covered in this report, or questions.  Otherwise, I will answer any questions that may arise at the BEC meeting.  This information has been uploaded to the BEC Document Archive on the Branch 98 website.

Best Regards,

Bill Kemper

SIRS Branch 98 Treasurer

Mobile:  410-279-0809

Billkemper63@gmail.com 

Gentlemen,                                                                                                                                                                                                      September 1, 2020

 

The attached budget tracking report for August 2020 is provided for information and discussion at the September 8, 2020 BEC meeting.  This report is based on the approved 2020 budget and includes the 2020 annual dues revenues collected to date.  Due to the Coronavirus most branch activities have been temporarily shut down, hence, there are not many financial activities to report.  Consequently, Branch 98 financial activities are not in line with the approved 2020 budgeted revenues and expenditures.  The detailed August revenues and expenditures were discussed in the August Form 28 transmittal, so I will not repeat that information here. 

In spite of the curtailed financial activities this year, the overall YTD Budget Variance as of August is $986 (under budget), which means the revenues collected thus far are tracking our expenses fairly well. 

Please let me know if there are any other July revenues or expenses not covered in this report, or questions.  Otherwise, I will answer any questions that may arise at the BEC meeting.  This information has been uploaded to the BEC Document Archive on the Branch 98 website.

Best Regards,

Bill Kemper

SIRS Branch 98 Treasurer

Mobile:  410-279-0809

Billkemper63@gmail.com 

Gentlemen,                                                                                                                                                                       October 1, 2020

 

Attached is the Budget Reconciliation Report for September. As expected, as a result of the Corona virus, there are only nominal fiscal transactions for the month as noted by Bill Kemper in the Form 28 report. This leaves us with a budget surplus of $991.38 for the year to date.

Any questions or comments may be directed  to myself.

 

Greg Davis

Branch 98 Asst. Treasurer

 

 

 

 
Gentlemen
Attached is the Budget Reconciliation Report for October. As expected, as a result of the Corona virus, there are only nominal fiscal transactions for the month as noted by Bill Kemper in the Form 28 report. This leaves us with a budget surplus of $586.37 for the year to date. This is a significant drop from last month, owing to the quarterly payment to the state governance. Looking at the attached budget chart, you will note significant upticks in both revenue and expenses for the next two months. These are due, of course, to anticipated Christmas party activity, which will not occur, and the normal collection of member dues, which may prove to be a tougher process than previous years.
Any questions or comments may be directed  to myself.
Greg Davis
Branch 98 Assistant Treasurer
 

Gentlemen

Please DISREGARD the Budget Reconciliation Table that I forwarded last week. Primarily due to my inexperience, that document was not properly updated. That issue has been addressed and you will find attached the corrected version.

You will note that projected revenues and projected expenses reflect an unfavorable budget variance of -$3,760.45 for YTD ending in November. Due to the continuing Covid impact, revenues are significantly less than budgeted. Correspondingly, associated expenses are significantly less or non-existent. Thus, most short-falls are zero sum considerations (e.g. Picnic, Christmas party, Apparel sales).

Membership dues are reflected below budget primarily because some 2020 dues were collected in 2019 and reported in that year. Hopefully, that same phenomenon will occur next month and even out this category for the year.

Any questions or comments may be directed to myself.

 

Greg Davis

Branch 98 Assistant Treasurer

January 7, 2021

Attached is the December Budget Summary. You will note that projected revenues and projected expenses reflect a favorable budget variance of $2863.10 for YTD ending in December. Similar to the correspondingly negative variance last month, this is due in large part to the continuing Covid impact. Christmas party revenues & expenses, which do not apply this year, are the primary drivers of budget considerations in November and December. Nominal other revenues/expenses occurred this month, resulting in an ending cash balance reduction of about $100 for the month.

Moving forward in 2021, we will be using a budget that essentially mirrors the 2020 budget. We will be expecting notable variances from this budget as we work our way through the Covid scenario.

Any questions or comments may be directed to myself.

 

Greg Davis

Branch 98 Assistant Treasurer

liongreg01@gmail.com

Gentlemen,                                                                                                                                                             January 8, 2019

The attached budget tracking report for December 2018 is provided for information and discussion at the January BEC meeting.  This report is based on the approved 2018 budget and includes the 2018 annual dues revenues collected to date of $5,825 (100%) and early payment of 2019 dues of $1,825  ($275 paid in December) for a favorable YTD budget variance of $900.  Additionally, the Christmas Party expenses of $7,862 were paid in December offset by December ticket and raffle sales of $1,532 and utilization a credit card cash reward of $400.  The detailed December revenues and expenditures were discussed in the December Form 28 transmittal so I will not repeat that information here with the following exceptions:

 

1.       My November report indicated a YTD budget surplus for November of $5,915 primarily due to Christmas Party expenses budgeted in October and November of $5,327 which were incurred in December.  Net Christmas Party expenses for December were $4,930 ($7,862-$1,532-$400). The total budget deficit for December was $5,058 for a final YTD budget surplus of $857.

2.       The total actual and budgeted revenue and expenses for the Christmas Party were as follows:

                                                                         Actual              Budget            Variance

                            Ticket/raffle sales            $6,973              $6,594                 $379

                            Expenses                             7,966                7,990                      24

                                 Sub-Total                          (993)            (1,396)                   403

                          Credit card rewards                400                    –                        400

                                 Total Fav (Unfav)          ($593)           ($1,396)                $803

 
Please let me know if there are any other December revenues or expenses not covered in this report, or questions.  Otherwise, I will answer any questions that may arise at the January BEC meeting.  This information has been uploaded to the BEC Document Archive on the Branch 98 website.

 

Best Regards,

Bill Kinzie
Bill Kinzie
SIRS Branch 98 Asst. Treasurer
Cell:  650-996-2859
william.kinzie@gmail.com

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