1997-98 Annual Report
Finances
Unfortunately this season our fund-raising programme was not as
successful as anticipated resulting in a loss for the season of
approximately $1,000 down from a $4,300 surplus last season. The
disappointing result was due in part to a lack of members taking
the initiative to organise activities and general apathy on
behalf of club members in supporting fund-raising activities. It
is important to remember that if we are to continue to work
towards reducing subs for all members that we need to accumulate
reserves during the good years which can then be invested to
provide a return that can offset any increases in affiliation
fees that are a certainty in the years to come. Our weekly meat
raffles at the Springlands Tavern were once again a valuable
fund-raising activity.
Once again we have been vigilant in collecting subs resulting in
about only $600 in outstanding subs at the end of the season
(down from $900 last season), which will have to be paid before
those who haven't paid can play for us or anyone else next year.
However the club still has over $2,000.00 invested and a healthy
cheque account, but to continue to be financially viable and keep
subs down to below their current level we will have to be active
in fund-raising activities in years to come.
Introduction / Performance / Sponsorship / Player Acheivements / Finances / Club Awards / Future Directions / 1998-99 Recommendations