kwizard

Are you saying that the doubling of the insurance policy cost, from about $250,000 to about $500,000 and the increase in the SIR costs would be covered by a $2 raise in the dues? Keep in mind that there are about 140,000 adult members covering those costs. The additional 30,000 youth members do not contribute anything toward covering any costs.

How would you cover the costs of projects that were not completed due to deficit budgeting? Each year the EC has been putting off accruing depreciation on some items. kwizard, have you looked at the 2001 audit in the members only section of the AMA site, or did you see the numbers in MA? The auditor's notes bring several questions up. Some are hard to answer without the underlying documents. I sure would be interested in your opinion, being an accountant. The EC minutes of each meeting are also on the site, and show a pattern for the justification of the dues increase. Have you read them also?

There is some justification for your number. Dave Brown originally set the goal for the dues increase at about $4, then it was raised to $7 after a couple of months. In the final EC meeting the number became $10 with the hopes of not having a dues increase for some time to come.

RC Outlaw said :

"This is to be the promotion of model aviation not to line some ones pocket."

RC Outlaw, would you explain the how's and why's of that statement? Maybe I am misreading the intent of what you said.

JR