State association reports $101,654.66 spent of $148,700 budgeted for year

Budget & Finance Chair Buster Pulley told the State Association that the group has spent $101,654.66 of the $148,700 budgeted for the year. He detailed line items, saying the group spent $7,234.28 of $10,000 allocated for travel and $59,384.63 of $75,000 budgeted for conventions; the World Council line items were fully spent at $14,000 of $14,000.

Pulley asked the membership to accept the Budget & Finance Report; the motion to accept passed (MSP). The report listed other allocations: hosting donations $500 of $600, food $3,500 of $4,500, transfer to savings $1,000 of $1,200, and IT $2,000 of $2,400. The report noted $6,272.36 of $11,000 had been used for chapter donations (emergency situations).

The report also flagged planned distributions: a $16,000 4TK line item (likely to be allocated to eight areas) and convention expenses that included $35,000 of $50,000 for the state convention and $24,384.63 of $25,000 for the world convention. Members voted to accept the budget report and the chair recorded the outcome (MSP).