Budget 2014-2015

RETIRED TEACHERS’ ASSOCIATION INC. FINANCIAL STATEMENT, NOVEMBER 6, 2014

Balance October 31, 2013: $ 6,122.25

Income:

Description Teachers’ Superannuation Johnsons’ Contribution to Newsletter PEITF AGM Registration 2013 County Socials Bank Credit TOTAL ASSETS: Investment Certificate (Scotia Bank)

Amount $ 12,149.00 $ 4,500.00 $ 1,500.00 $ 2,415.00 $ 330.00 $ 61.92 $ 27,078.17 ($9,508.41)

Expenses:

Description ACER-CART Meeting ACER-CART Dues UPEI & Holland College - Scholarship/Bursary Office Supplies/Membership Cards Executive Travel/Meals Newsletter Costs (Printing, Postage, Envelopes) Bank Fees and Cheque Costs County Socials ECRTO Meeting AGM 2013 Honoraria (President $1000; Editor $750; Web Master $250) TOTAL EXPENSES

Amount $ 1,136.58 $ 357.35 $ 1,213.39 $ 687.65 $ 3,594.86 $ 3,015.72 $ 191.84 $ 717.97 $ 473.79 $ 4,670.22 $ 2,000.00 $ 18,059.37

TOTAL INCOME – TOTAL EXPENSES: ($27,078.17 - $18,059.37 = $9,018.80)

BALANCE: $ 9,018.80

Respectfully Submitted: Ann Ledgerwood, Treasurer