1. Treasurer’s Report – FY2015 YTD Virginia Recycling Association Annual Meeting of the Members October 26, 2015 Charlottesville

2. Current Assets and Liabilities

3. Assets CURRENT ASSETSOctober 26, 2015November 2, 2014 Cash ( new checking at BB&T) Cash ( old checking at BoA) $11,500.00 $775.67$15,041.36 Long-term Assets: 6-month CD Last renewed 10/24/2015 Next maturity 4/24/2016 Interest rate 0.5% APY 0.5% Interest paid last year $31.56 $27,500.00$28,207.59 Balance in PayPal account$2,175.51$6,220.50 TOTAL CURRENT ASSETS$41,951.18$49,469.45

4. Liabilities LIABILITIESAs of Oct. 26, 2015 Salaries payable (Nov & Dec) Accounts payable (estimated) Annual Meeting Office (Phone, Web, Internet, Supplies) $2,800.00 $3,200.00 $1,300.00 TOTAL CURRENT LIABILITIES estimated$7,300.00

5. Calendar Year Revenues and Expenditures Jan. 1, 2015 – Oct. 30, 2015 Year-to-Date

6. Revenues – as of 10/31/15 ActualNotes Conference$40,735.00Budgeted $34,530 Golf$ 0Budgeted $ 1,000 Memberships$ 9,000.00Budgeted $11,000 Sponsorhips$ 1,000.00Budgeted $1,000 Subtotal$50,935.00Budgeted $47,530 CD Interest$ 30.00 Cash back credit card$ 120.00Budgeted $130 Projected 4Q Memberships $ 800.00 Projected 2015 total revenues$51,885.00

7. Expenditures – as of 10/31/15 ActualNotes Conference$29,298.00Net $11,437 Golf$0Net ($0) Memberships/Affiliations (KVB, PSI, KAB, SERDC) $1,250.00 Admin$17,800.00 Training/travel$457Budgeted $1,500 Remaining liabilities in 2014$7,000.00 Annual Meeting- $3,200 Admin: $920 Office: $2,800 Web: $80 Total projected expenditures$48,983

8. Net Revenues Total Net Revenues Income Less expenditures $50,735.00 -$48,983.00 Net revenue from all activities$1,752.00 Net Revenues, conference only Income Less expenditures $40,735.00 -$29,298.00 Net revenue from conference$11,437.00 Non-conference net Revenues Income Less expenditures $10,000.00 - $19,685.00 Net revenue($ 9,685.00)

9. End of 4Q 2014 Creation of 2015 budget Approval of 2015 budget Transition to new Administrative Manager

10. Questions? Email any time cscoker@verizon.net