Treasurer's Report

The 2008 Conference in Charlottetown was an outstanding success generating $8,799.58 for the Association. The total revenue for 2008-2009, however, was considerably less than expected particularly in the areas of Advertising and Membership.               

 
The Board has been very frugal, again holding one meeting as a teleconference to keep costs down. As a result, overall Expenditures are slightly less than anticipated. Expenditures total less than Revenue, leaving a small surplus of $388.49
                       
Somer’s Scholarship Trust
The Somer's Scholarship Trust will be renewed in June, 2009. At that time, we will recover $1688.44 that was used to pay the tax on the transfer from TD Waterhouse to APLA in June 2004.

 

Memorial Fund

In 2007, a mutual fund from the Memorial Awards Trust Fund (MATF) was cashed in error. One of the General Investments should have been cashed instead. The MATF has been re-paid and is shown as "Return to Memorial Award" at the bottom of the Expenses page. 

Because there was revenue from the 2008 conference, the Memorial Award fund will have enough resources to make an award in 2009/2010.

Grow A Library Charitable Trust Fund

 

The Board, in consultation with those who instituted the Grow A Library Trust, have decided to wrap up the Trust and donate those funds to CODE.
 
APLA Awards and Grants for 2008-2009
 
The following prizes were awarded by APLA:
 
  • The $500 APLA Prize to a graduate of the Nova Scotia Community College, Library and Information Technology program was awarded to Ian Fraser
  • The $500 APLA Prize to a graduate from the School of Information Management program at Dalhousie University was awarded to Kimberley MacInnis
  • The  First Timer’s grant  of $686.50 was awarded to Tasya Tymczyszyn
  • The Memorial Award of $500 was awarded to Diane Buhay 
  • The Carin Alma E. Somers Scholarship award of $2998.14 was awarded to Allan Chase
  • a one-time award of $368 to attend the IFLA conference was awarded to Creighton Barrett
 
One General Activity Fund (GAF) grant was awarded to the Hackmatack Award. One GAF grant for $500 was awarded to the Information Without Borders conference.
 
Conclusion
 
I would like to thank Peter Glenister, Financial Examiner, and the Executive for their help and guidance.
 
Penny Logan, APLA Treasurer, June 2009
 
 

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Revenues for Bulletin.doc71.5 KB
Expenditures for Bulletin.doc131.5 KB