The NFSS 3rd Quarter, 2004, Board meeting was called to order by President, Sally Huntington, on August 1, 2004.

NFSS Treasurer, Mark Phelps, announced that Armando Lee, NFSS 1st Vice President, and Martha Wigmore, NFSS 4th Vice President, will conduct an audit of the2003 NFSS financial records.

NFSS Treasurer, Mark Phelps, informed the board that should Motions 2004-8 and 2004-9 be passed, the overall 2004 NFSS budget will change from a projected loss of $344.00 to a projected gain of $2,556.00.

Motion 2004-7: NFSS Treasurer, Mark Phelps, made a motion that the band department‘s expense budget be increased by $3,000.00 for a new total of $12,260.00; and the income budget by $5000.00 for a new total of $15,271.00. 

Motion Seconded by Paula Hansen.

Motion Passed: 8 Yes, 1 No, 0 Abstain 

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Motion 2004-8: NFSS Treasurer, Mark Phelps, made a motion that NFSS Treasurer, Mark Phelps, the FinchShop‘s expense budget  be increased by $350.00 for a new total of $2,081.00; and the income budget by $1,250.00 for a new total of $4,000.00. 

Motion Seconded by Paula Hansen, NFSS Band Secretary 

Motion Passed: 8 Yes, 1 No, 0 Abstain 
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3rd Quarter - 2004 NFSS Officers Reports

NFSS Membership Director

As of August 16, 2004:

Single Memberships: 688
Dual Memberships: 96 
Affiliated: 62 

Total: 846 

Respectfully Submitted
Linda Hughes

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NFSS Treasurer's Report

I'm happy to report that I have nothing to report (which from a financial standpoint, is a very good thing.)

If the two budget adjustments are  approved (as expected) then the figures will look a lot better and by better represent our financial outlook.

As always, keep in mind that the loss we are showing is due to the two Journal bills paid this year that were for last year's Journals, and that the number in parentheses are the budget figures (which do not include the new adjustments mentioned above). 

For the period 1/1/04 to 8/15/04:

Cash In Accounts - $18,015.80
Income - $27,719.16 ($45,081.00)
Expenses- $33,044.21 ($45,425.00)
Total Loss- - $5,325.05 (-$344.00) 

Respectfully submitted, 
Mark Phelps, NFSS Treasurer

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NFSS BAND SECRETARY

Estimated Band Sale Results:

June - 19 Mail In/ 15 Pay Pal- $870.50
July - 9 Mail In/ 14 Pay Pal- $563.30
August - 14 Mail in/ 7 PayPal - $471.80

Sales reflect slowing down this is usually the normal pattern during summer and summer's end. Glad membership is still raising birds are definitely breeding! Keep the orders coming in!

Respectfully submitted, 
Paula Hansen, NFSS Band  Secretary 

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NFSS Awards Manager 

2004 year to date

Accounts Receivable 

Total Income to Date -  3,684.00
Awards - 2,659.00
Affiliations - 1,025.00
Other - 0

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Accounts Payable

Total Payables to Date - N/A
Purchases 
Refunds 
Postage and Overhead 
Misc. 

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Sales:

Total Sales - 2,411.00

(Plaques - 56 @ 25.00 each) - 1,400.00 
(1-10 Rosette Packages 32 @ 25.00 each) - 800.00
(Unflighted Add-ons 6 @ 6.00 each) - 36.00
(Novice Rosettes 21 @ 3.00 each) - 63.00
(Youth Rosettes 9 @ 3.00 each) - 27.00
(Judges Special Rosette 17 @ 5.00 each) - 85.00

Respectfully Submitted, 
Darla Dandre, NFSS Awards and Affiliations Manager

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