2015 rid treasurer report | new orleans national conference
TRANSCRIPT
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2015 RID Treasurer Report
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“The headquarters staff are to be commended for their efforts to bring RID into a solid state of financial management. The Committee is heartened by the rapid attention that was given to the 21 outstanding issues.”
2013 Audit Committee Letter
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“The auditors see no reason for concerns at this time with two exceptions with which the Committee agrees – Attention should be given to implementation of the new data base…...”
2013 Audit Committee Letter
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By The Numbers
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Challenge #1 Cash flow
Bills/Expenses/Savings
Available Money
Revenue
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Challenge #2 Deficit Budgeting vs Zero Balance Budgeting
Cash Reserve
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• Embrace zero balance budget philosophy• Frequent financial updates
to members• Reconcile budget to values
based programs
Financial Strength