August 13-14Pittsburgh, Pennsylvania 2014 Annual Business Meeting IFTA CLEARINGHOUSE & FUNDS NETTING UPDATE AMANDA KOELLER IFTA, Inc.

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Presentation transcript:

August 13-14Pittsburgh, Pennsylvania 2014 Annual Business Meeting IFTA CLEARINGHOUSE & FUNDS NETTING UPDATE AMANDA KOELLER IFTA, Inc.

47 Participants $328MM 50 Participants $362MM 51 Participants $368MM * 52 Participants $352MM * Denotes extraction of amount overpaid in error in 5/12 and 6/12.

Funds Netting Radar NOVA SCOTIA OKLAHOMA QUEBEC ALBERTA NEWFOUNDLAND LABRADOR MANITOBA Everyone is on the Radar!!

2015 Funds Netting Calendar  1 Disbursement  Lengthened Number of Days to Pay In  Banking EFT’s and wire technology improved

2015 IFTA, Inc. Clearinghouse Funds Netting Calendar JULY 2015

1,543 Registered Demographic Users 906 Registered Transmittal Users 6,335 IARs posted in 2013 Demographics – 841,525 records Transmittals – 9,489,122 detail lines in 2013

Update Contacts, add new Clearinghouse Users and Delete Old on Create a bulk Communicate any banking or processing changes to IFTA, Inc.

August 13-14Pittsburgh, Pennsylvania 2014 Annual Business Meeting Clearinghouse Advisory Committee Board Liaisons Garry Hinkley, Maine – Lead Cindy Arnold, Nevada IFTA, Inc. Advisors Jason Degraf Debora K. Meise Amanda Koeller Members Chair – Randy Boone - Indiana Vice Chair- Scott Miller – Kansas Trishawn Bell - Alabama Sherry Conrad - Nova Scotia Angie Duerson - Virginia Bethany Musselman - Nevada Glenda Smith - Idaho Marc Walker - New Brunswick Natalie Wendell - Minnesota We have one committee member vacancy that needs to be filled Volunteers from Idaho and Maine

August 13-14Pittsburgh, Pennsylvania 2014 Annual Business Meeting Monthly Conference Call Agenda Discussion Topics ITAC Funds Netting Quality Control – Demographics and Transmittals Electronic Credential Work Group SAFER Dual Fuels Best Practices Guide

August 13-14Pittsburgh, Pennsylvania 2014 Annual Business Meeting Interest Question From Yesterday’s Meeting Tax and Surcharge are Calculated Separately then Netted Together The Total is Used to Calculate the Interest

August 13-14Pittsburgh, Pennsylvania 2014 Annual Business Meeting Questions?