The committee will have a report one week prior to the March EC meeting. Anyone is welcome to attend. Upon investigating, Kathy learned that the primary reason was the members in the north did not like the driving distance. Kathy will bring the scenario to the Member Advisory Council for discussion. The zero balances are a result of a year-end adjustment, which moved unexpended money into reserves.
Technology upgrades are also expensive and reoccurring.
They have been paid for from reserves in the past. In 1998, the entire budget will probably all be used so no balances will be available to place in reserves. The lack of an operating reserve continues to be an area of concern and Bill plans to mention it in his report to the board so that they clearly understand. Redistribution agreement with Gale Research for a term of one year. This is a renewal contract.