ASME DELMARVA GROUP MEETING MINUTES
October 16, 1998; 5:30 p.m.
Executive committee met to prepare 1998-99 proposed budget and
1997-98 final budget report at American Paving Company. Jackson,
Hargrove, Yilmaz and Haines were present.
1. 1998-199 Operations Budget
Last year $100 was spend on Postage. Due to postage increase and
anticipated additional mailing $150.00 was budgeted.
Dr. Yilmaz has requested $100.00 to support membership dues for
UMES Student Section. To establish Student Section we need 15
dues paying members. $100 shall be used to defray cost of
membership for students, to encourage them to join the Student
Section. At this time we are working on establishing the
Section. Mechanical Engineering program has about 10 students and
Mechanical Engineering Technology Program has 21 students. We are
hoping that we shall be able to get 15 dues paying members.
Stundent membership is $20.00.
Mr. Jackson has requested $300 to be used in establishing History
and Heritage Museum. Money shall be used for miscellaneous
expenses that might arise in establishing the museum.
Since we are anticipating some speaker programs, $100 was
budgeted for their expenses. Last year's budget was also $100.
2. Annual Financial Report
As of the end of this year (June 30, 1998) ASME DELMARVA Group
has $4084.94 in various account.
Summaries of Reports are enclosed.
Emin Yilmaz
DELMARVA Group Secretary
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OPERATIONS BUDGET
ASME DELMARVA Group
July 1, 1998 to June 30, 1999
Past Year(97-98)
Budgeted Actual Variance Budgeted(98-99)
Secretarial
Program Committee 150.00 100.00 50.00 150.00
Sub Total 150.00
Miscellaneous
UMES Student Chapter 100.00
Speaker Expenses 100.00
History and Heritage 300.00
Sub Total 500.00
TOTALS 650.00
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ANNUAL FINANCIAL REPORT
ASME Cash Flow Local Activities Cash Flow Balance Sheet
Beg. Balance -643.00 Beginning Balance 314.00 Cash Balance(B+C) 176.00
ASME Appropri. 225.00 DE Section Alloca. 500.00 Atlantic Bank 1640.11
Total -418.00 Total 814.00 Nations Bank 2268.83
Total 4084.94
Expenditures: Expenditures:
RAC Registration 120.00
Postage 100.00
Total 0.00 Total 220.00
Balance-end(B) -418.00 Balance-End(C) 594.00