Treasurer Report - July 2025

Good Morning Area 41!! Thank you for allowing me to serve as your area treasurer.

I got to attend the 66th annual Area 41 Reunion in June. The event was an amazing weekend!! Filled with great speakers and even better fellowship. The reunion committee did a terrific job and the event was rousing success. It even appears to have been one on my excel spreadsheets as the committee will be returning all of the seed money and, though we are still finalizing the financial report, some additional funds back to the area 41 main account.

Speaking of our main account, it currently stands at $17,123.06 with all accounts funded for the third quarter. This number will rose a fair amount as I completed the reconciliation of those last few expense reports I have got during assembly.

Insert “friendly” reminder to turn in your expense reports promptly here 😉

Our prudent reserve stands at 18,051.57. Contributions for the quarter were down a bit, but I have received quite a few checks that had been mailed to past treasurers this weekend. Currently, contributions for the quarter are $7,032.50. There are currently 77 unique contributions. The average contribution was $77, median was $50. 43 of the contributions were under $50 – thank you to all of the smaller groups which make all this possible.

Our actual expenses for the quarter were 7493.38, which was just slightly under our projected expenses of 7745.60. Our year to date expenses are $22,0888.01 and our YTD contributions are $17,325.36 On a bit of a sour note, I received a check from District 16 in May for 1792.10. This was the entire amount of their treasury. After some lengthy discussions with the DCM of District 16, the outgoing treasurer of district 16, several past area 41 treasurers, the finance committee and several council elders and my sponsor; I did deposit the check into an unused sub account of the Area 41 Westgate account. The hope and intention is that these funds will be returned to district 16 in the near future. There has been some progress in getting this completed and I was very pleased to meet some members of district 16 this weekend. We hope we can have this resolved well in advance of the four corner workshop in Norfolk later this year. I would now like to present your shiny new 2026 Budget Projection [printed separately].