1. IPAC’15 Financial Update - December
Financial Statement
12/18/13
Revenue
APS Grant 15,000.00
Interest Earned
APS Loan 25,000.00
Expense
IPAC’13 Student Travel 13,988.61
IPAC’13 LOC Training ,387.73
IPAC’15 Management Fee 2,858.20
IPAC’15 Software
IPAC’13 Uncosted APS Grant ,011.39
Available Balance 16,640.50

2. IPAC’15 - Financial Update
Cash On-Hand
12/18/13
Cash-In:
APS Grant 15,000.00
Interest Earned (Includes Oct Int. Est.)
APS Loan ,000.00
Cash-Out:
IPAC’13 Student & LOC Travel 19,376.34
IPAC’15 Management Fee 2,858.20
IPAC’15 Software
Cash On-Hand ,651.89

3. IPAC’15 - Financial Update
IEEE Loan
$25K Loan available once:
Bank Account has been opened
Conflict of Interest submitted to IEEE (Joe & Andrew)
Financial MOU Between IPSS *, IEEE, & JSA
Stan Schriber advises that the only MOU requires is the existing MOU between IEEE/NPSS, APS-DPB and PAC OC executed in 1993.
Budget to Stan Schriber for review on 9/6/13. He has discussed with IEEE (as APS Financial Co-Sponsor) so that he will approve Final Budget and coordinate with IEEE for approval.
12/4, conference with Stan on Preliminary Budget received on Oct 30
12/16, Staff Services loading Draft Budget onto IEEE Web site for review and approval
Obtain Quote for Conference Cancellation Insurance

4. IPAC15 - Financial Update
2013 Schedule for 1099 reporting completed
Action Items
Research and Analyze Registration Payment Service
Compared CDG Commerce, Pay Pal, & Payleap
Well’s Fargo, Intuit Services, & IEEE – Still researching