Rondequoter

Tonight is a Business Meeting.

Currently Board of Director's Meetings are held just before and on the same night as the Monthly Club Business Meeting.  This does not allow enough time to digest and efficiently report the Boards' actions.  So starting next month, the Board of Director's Meeting will be held one week before the Business Meeting.

Budget Discussion:

Lynn Wozniak handed out summaries of the proposed budget for this Rotary year.  Each member was mailed a copy beforehand and copies were handed out at the meeting.  The budget is split into 2 major areas of revenue and expenses:  Administration and Fundraising.

• Discussions regarding Administration elements:  (1)  There was an increase in expenses for last year's Past President pins because 2 pins were purchased to jump ahead of expected increasing costs.  During discussion, it was discovered that Lynn Wozniak never received her pin after her recent year as President.   The club voted to fix this error and will present the "extra" pin to Lynn at an upcoming meeting.  (2)  Need to add Installation Dinner as a line item.  (3)  The Admin section ended up in the black last year due to a rebate from the District and lower costs in other budget lines.  The Budget for next year is basically break-even.
• Discussions regarding the Fundraising elements:  (1) All Pasta Dinner revenues and expenses will be handled through the Irondequoit Rotary Foundation (IRF) from now on.  At the conclusion of all activity, IRF will issue a check for the profits to Irondequoit Rotary Club.  This is a cleaner way to proceed and will result in less inefficiencies in operations.  IRF President Bob Scheidt will create a Memorandum of Understanding to document this change.  This same procedure will be used for all future club fundraising events as well. (2) Club voted to raise budget item for Holiday Baskets to account for higher food costs.  Prez Dan volunteered to work on obtaining food donations from suppliers to alleviate these costs.  (3) There were some small changes to the District Matching Grant budget line.  (3) Interact Club expenses were noted to be high possibly due to start-up year unknowns.  This will be monitored closely this year. 
• The budget as proposed with the minor changes mentioned above was approved by vote of the club.