1. IEEE Region 8 Committee Meeting: Venice April 2009 Financial Report: 2008 Brian R Harrington IEEE Treasurer: Region 8 b.harrington@ieee.org

2. IEEE Region 8 Committee Meeting: Venice April 2009 IEEE Region 8 l To Report on the Financial Position at the end of the year 2008 l To Present a Budget Proposal for the Year: 2009

3. IEEE Region 8 Committee Meeting: Venice April 2009 Housekeeping l Expense Claims: Region 8 Expense Report is on the Web Site and I can send a copy l Send your claim to the Treasurer by email l Documents and vouchers supporting a claim can be readable scanned copies b.harrington@ieee.org Bank Information

4. IEEE Region 8 Committee Meeting: Venice April 2009 Venice l For this evening: Do not forget personal id. l Sponsorship: My thanks to Professor Donati and the Italy Executive for their assistance

5. IEEE Region 8 Committee Meeting: Venice April 2009 The Year of 2008 There was significant activity in 2008: ISBIR Membership Development Technical Activity Student Projects

9. IEEE Region 8 Committee Meeting: Venice April 2009 The Cost BUDGETACTUALVARIANCE MALTA90,000181,85291,852 QUÉBEC226,400292,13365,733 STUDENT CONGRESS55,00069,60314,603 CONFERENCES6,00022,00016,000 STUDENT PAPER CONTEST10,00021,63011,630

10. IEEE Region 8 Committee Meeting: Venice April 2009 The Cost BUDGETACTUALVARIANCE MALTA90,000181,85291,852 QUÉBEC226,400292,13365,733 STUDENT CONGRESS55,00069,60314,603 CONFERENCES6,00022,00016,000 18,000 STUDENT PAPER CONTEST10,00021,6308,000

11. IEEE Region 8 Committee Meeting: Venice April 2009

12. Investments The Long Term Investment Fund

15. Income (2008): BudgetActual Region 8 Assessment380,00476,35 Direct Support MGA149,60144,60 Voluntary Contributions15,0011,67 SSVR7,65 Bank Interest Received9,006,81 IEEE Media (Job Site)15,00 15,50 MGA Support: Québec82,86 MGA Additional Support41,4348,54 Student Activity 21,30 Recovered HQ and Societies 42,30 NIC including ISBIR125,00129,65 Less MGA Support: 200755,03 770,51904,37

16. Disbursements (2008): BudgetActual Malta: Conference Services40,0095,50 Malta: Committee Travel50,0062,63 Malta: Representatives 23,72 Québec: Conference Services192,37108,59 Québec: Region 8 Travel 140,37 Québec: Registration, Visas,.. 43,17 ISBIR115,00127,65 Voluntary Contributions15,0010,71 SSVR7,651,00 OpCom25,0038,35 R8 Director; A&R; Sect. Dev.35,0042,13 R8 Director; A&R; Sect. Dev.35,0042,13 V.C. Strategic Planning; N&A8,0015,23 V.C. Technical Activities66,9938,53 V.C. Membership Activities58,5015,79 V.C. Student Activities72,5099,08 Region 8 Newsletter70,0046,63 R8 Secretary7,503,27 R8 Treasurer7,0015,23 Venice, Riga, Lisbon 2009/2010 50,75 General and B/F Expenses 53,50 IEEE Headquarters Charges 16,37 Banking: Fees and Systems 23,00 770,51 1071,20

18. IEEE Region 8 Committee Meeting: Venice April 2009 The Future We should seek to rebuild our Assets: l Cash Flow l 2010 – We Should Consider a Region 8 Student Branch Congress l 2011 – IEEE Sections’ Congress l More Projects from Section Chairs

19. Assessment Income: 2007 and 2008

20. IEEE Region 8 Committee Meeting: Venice April 2009 The Future We should seek to rebuild our Assets: l Cash Flow l 2010 – We Should Consider a Region 8 Student Branch Congress l 2011 – IEEE Sections’ Congress l More Projects from Section Chairs

21. IEEE Region 8 Committee Meeting: Venice April 2009 A Budget for 2009 The Issues: l Regional Development vs l Cut Costs

22. IEEE Region 8 Committee Meeting: Venice April 2009 A Budget for 2009 Proposal: l Reduce Budget and l Change Emphasis Concern: l Membership Retention

23. Budget 2002: $607:90K Budget 2005: $688:85K Budget 2007: $632:00K Budget 2008: $770,51K Budget 2009: $563,00K

24. Budget 2002: $607:90K Budget 2005: $688:85K Budget 2007: $632:00K Budget 2008: $770,51K Budget 2009: $563,00K

25. Emphasis towards Technical Activity. Small reduction in Membership Activity. Student Activity will be large in 2010.

26. Emphasis towards Technical Activity. Small reduction in Membership Activity. Student Activity will be large in 2010.

27. IEEE Region 8 Committee Meeting: Venice April 2009 Thank You