Recommendation to be put to November 2021 General Meeting

 

Members,

As per our Constitution, the joining fee and annual subscriptions for next year are to be determined by members at the November General Meeting. Accordingly, my recommendation, supported by your Committee members, is detailed below:

Joining Fee and Subscriptions 2022

 Subscriptions for existing members to be:

$85 with a discount of $30, That is $55 net payable.

Discount represents surplus from 2021 because of COVID-19

Subscriptions are due and payable on 1 January 2022.

 New members in 2022:

A Joining Fee of $60

Subscriptions to be paid pro rata on a quarterly basis:

Where a person joins during quarter ending:

31 March 2022                                                    $85

30 June 2022                  three quarters         $65

30 September 2022        half                            $45

31 December 2022          quarter                     $25

 

A draft Budget for 2022 based on above recommendation ($85 discounted to $55), a transfer from 2021 surplus and a reasonable increase in monthly room rental costs, Web site, miscellaneous costs and PSPL capitation fees, indicates a virtual “breakeven” result for the year.

History:        2021             2020             2019             2018             2017

Joining Fee  $60                $60                $60                $60           $60

Subs               $70                $70                $70                $70            $70

Discount        $30*              $5                   $5                   $5               $5

NET SUBS    $40                $65                $65                $65            $65

*Discount due to COVID impact

The above recommendations include the resultant amendments to the following Standing Resolutions:

Standing Resolution 2.1 –           Annual Subscriptions

Standing Resolution 2.2 –           Joining Fee

John Hewison

Treasurer

October 2021