1. Professional Services Automation ICF-GTA Greater Toronto Area Chapter Page 1 ICF-GTA Financial Forecast As of July 31, 2009

2. Professional Services Automation ICF-GTA Greater Toronto Area Chapter Page 2 Key Issues 1.Only $830.00 in current account on July 31. 2.Very tight financial situation 3.Lack of confidence in financial management process and numbers. 4.Uncertainty about cost versus value from VO. 5.Budget for 2009/2010 not yet approved.

3. Professional Services Automation ICF-GTA Greater Toronto Area Chapter Page 3 Approach 1.Finalize the forecast for the rest of the year. (For now, assume the current numbers are accurate). 2.Implement financial controls and other actions to ensure budget is met or exceeded. 3.Review and correct the YTD Actuals. Address other short term priorities. (For now stay with V.O). 4.Review and improve financial management infrastructure and operations ( For medium to long term).

4. Professional Services Automation ICF-GTA Greater Toronto Area Chapter Page 4 Summary Forecast (August to February) Aug 09 to Feb 10 Events Fall Conference Income16700 Fall Conference Expenses16600 Fall Conference Net100 Member Meetings Income1650 Member Meeting Expenses1965 Member Meeting Net-315 Non-events Non-event Income26860 Non-event Expenses22490 Non-event Net4375 Total Net4155

5. Professional Services Automation ICF-GTA Greater Toronto Area Chapter Page 5 Assumptions 1.Using remaining budget August 09 to February 10. 2.Fall Conference Budget Option: Worst Case with 50% Early Bird, and $2000 sponsorship. 3.Three Member Meetings (Sept, Nov, Jan). Excluding Chapter Subsidy. 4.Assuming budget membership: 280 Basic, 240 Full. 5.Assuming uncollected basic membership subsidy will be paid by ICF. 6.Assuming VO average monthly fees of $2150. 7.Assuming all other chapter expenses as per budget.

6. Professional Services Automation ICF-GTA Greater Toronto Area Chapter Page 6 Critical Success Factors 1.Forecast is approved by BOD 2.At least 82 participants in Fall Conference 3.At least $2000 sponsorship 4.Fall Conference expenses do not exceed budget 5.Member meeting expenses do not exceed budget 6.Full and Basic member fees are collected per budget 7.VO expenses do not exceed budget 8.Chapter expenses do not exceed budget