Financial reports posted

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Sudane Erato
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Financial reports posted

Post by Sudane Erato »

The CDS financial reports for April and May have now been posted. Thank you Trebor for putting them together! Please find them on this page:

http://portal.slcds.info/index.php/cds-treasurer/

You will notice a change. At the beginning of this term Trebor took the initiative of displaying the income and expenses for the term of the RA and the Chancellor, instead of the calendar year. While it is customary in RL to display this info for a 12 month period (not necessarily the calendar year), that has little relevance to our affairs. Of more importance is the 6 month cycle of the RA and Chancellor office holders. He quite appropriately felt that charting financial performance on this cycle would be more informative to the voters.

So he began showing the Income and expenses on the Comparative Income Statement (usually Page 3 of the report) as the month just passed, and then the "term to date"... how much money was received and spent during the term so far. The terms, of course, are December thru May, and June thru November.

Feeling this to be a great idea, I have begun organizing the grouping of the reports on the website in the same way. Therefore, you'll see the complete 12 months of 2011 (and the years before), but then, beginning with the 16th RA (which started last December), you'll see the reports organized by RA.

This may help the casual reader to make more relevant observations about the performance of the Chancellor in financial matters (and the RA for that matter as well). Granted, most people get glassy-eyed when reading a financial report... but this might help.

As always, please don't hesitate to ask Trebor or myself if you have any questions about these reports.

Sudane................................

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Sudane Erato
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June Financial reports posted

Post by Sudane Erato »

Just to let everyone know that at long last, through no fault of Trebor's and entirely mine, the June financial reports have been posted. They can be found, as usual, here:

http://portal.slcds.info/index.php/cds-treasurer/

Sudane.................................

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