Secretary-Treasurer's Report
July 16, 2013
Good afternoon Union Brothers and Sisters!
The good news continues . . .
I promised to update you when the new members’ link was
working on our website. . . today is the day. So please take a moment to
see who our new Brothers and Sisters are. We have had over 100 new members
join Local 7019 since the start of 2013: 3 at AT&T Mobility and 98 at
CenturyLink. New applications continue to arrive weekly! As our
numbers grow, our voice grows as well!
Since my report went out last week, the Executive Board
approved our financial statements for April and May, 2013. April was an
extremely good month. Our expenses were very low at about $35,000.
This helped to offset expenses in May of approximately $51,000. This
increase is largely the result of an additional payroll cycle during the month.
Also, the expenses to attend the National Convention were paid in May.
Despite this increase, we remain fiscally strong. Our account balances
have grown since the start of the fiscal year and our expenses in total are down
nearly $84,000 for the same period during the prior year.
In Unity,
Sue Head
June 28, 2013
Hello Union Brothers and Sisters!
Financials:
During the first half of the 2012/2013 fiscal year, we have continued to see
reductions in anticipated spending and some growth in receipts due to recent
membership gains. Here are some highlights of our financials for the
period beginning October 1, 2012 and ending March 31, 2013:
Our account balances have grown from $301,771.38 to $346,527.86, a gain of
nearly $45,000 compared to a gain of approximately $17,000 the year before.
Income over the six month period was $312,175.85. When adjusted for the
SIF rebate of $32,920, it is $279,255.85.
Disbursements totaled $271,949.80 during the first half of 2012/2013 compared to
$347,209.04 during first half of 2011/2012 or a reduction in spending of
$75,259.24. This decrease is primarily the result of payroll
reductions. We reduced our OPEIU staff to one when the secretary left last
year. In addition, the efforts of our AVPs to keep the Unit Lost Wages to
a minimum has significantly impacted this number.
2012/2013 Budget Planning:
The Finance Committee will be meeting in July to prepare a budget which will be
presented to the delegates at our Local’s Annual Convention. The members
of this Committee work diligently reviewing spending requests and recommend
changes when necessary. The process this year is not expected to require
the same level of reductions needed in the past to achieve a balanced budget.
Membership:
Bylaws Changes:
The Bylaws Committee will meet prior to the Convention to review proposed
changes and make a determination whether or not to recommend to the Delegates.
In Unity,
April 15, 2011
We have finished the first
half of our fiscal year and are on track to having another great one! Here are a
few of the highlights:
• Average monthly dues
received compared to the projected average used for the proposed budget are
right in line.
• Overall spending during the
first half is more than $16,000 under budget; however, some of this surplus is
expected to be used during the second half for annual expenditures.
• Total Receipts exceeded
Total Disbursements for the six month period.
• Our bank account balances
have grown by nearly $5,400 since the current budget started on October 1, 2010.
Although numerous factors
contributed to this positive growth, the most significant contribution continues
to come from your Union Structure. Each of your representatives including your
Stewards, Area Representative and Area Vice President continue to give a
considerable amount of their personal time to represent you. The surplus in the
Unit Lost Wages budget category accounts for over half of the $16,000 surplus
noted above.
In addition, the number of memberships in a pending
status (we are waiting to receive their first dues payment) have been greatly
reduced. There has also been a reduction in the time period from approval of
membership application to receipt of the first payment.
So all the hard work has paid
off! Thank you for your support.
Sue Head
Secretary-Treasurer
opeiu30
April 29, 2010
It was good to see so many familiar faces at our CWA Day at 20 E. Thomas. Thank
you to everyone who took out time from their busy day to attend. A special thank
you to retirees Dee Cantoni and Terry Wich for all the hard work they put into
the event! A number of members stopped by and either signed new COPE cards or
increased their current contribution. Kathy McKee was the winner of the movie
themed basket and Jason Real won the Diamondbacks basket. Congratulations to you
both!
We are still looking for members who are willing to help with our committees.
Please take a moment to review the committee website to see which one you would
like to join. If you have any questions, call the chair listed or contact any
officer.
I look forward to providing an update on our 2nd quarter spending once the
Executive Board has reviewed and approved the financial statements for the
months of February and March, 2010. The update will be sent out in a couple of
weeks.
In Unity,
Sue Head
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