2015 RID Treasurer Report

“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

“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

By The Numbers

Challenge #1 Cash flow

Bills/Expenses/Savings

Available Money

Revenue

Challenge #2 Deficit Budgeting vs Zero Balance Budgeting

Cash Reserve

• Embrace zero balance budget philosophy• Frequent financial updates

to members• Reconcile budget to values

based programs

Financial Strength