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<DIV
style="FONT-FAMILY: 'Baskerville Old Face'; COLOR: #0000ff; FONT-SIZE: 12pt">
<DIV>Greetings,</DIV>
<DIV> </DIV>
<DIV>I agree with Charlie\u2019s point of not , generally, making monthly financial
report public. Certainly if a member wishes to see same they should have access.
Also, his example of the kinds of things for public comment is a good one.</DIV>
<DIV> </DIV>
<DIV>The members elect a BOD to have us exercise administrative and
fiduciary responsibility. ( plus plan good parties!! ) In any case the
public at large should not have access to the financials of PYC which
would be the case if they were \u201con line\u201d or posted in the Club.</DIV>
<DIV> </DIV>
<DIV>My thoughts. </DIV>
<DIV> </DIV>
<DIV>Greg</DIV>
<DIV
style="FONT-STYLE: normal; DISPLAY: inline; FONT-FAMILY: 'Calibri'; COLOR: #000000; FONT-SIZE: small; FONT-WEIGHT: normal; TEXT-DECORATION: none">
<DIV style="FONT: 10pt tahoma">
<DIV> </DIV>
<DIV style="BACKGROUND: #f5f5f5">
<DIV style="font-color: black"><B>From:</B> <A title=cleto@comcast.net
href="mailto:cleto@comcast.net">Charlie Leto</A> </DIV>
<DIV><B>Sent:</B> Sunday, May 15, 2011 10:51 AM</DIV>
<DIV><B>To:</B> <A title=dgingras@comcast.net
href="mailto:dgingras@comcast.net">Dan Gingras</A> ; <A
title=board@portsmouthyc.org
href="mailto:board@portsmouthyc.org">board@portsmouthyc.org</A> </DIV>
<DIV><B>Subject:</B> Re: [Board] Message from al williams</DIV></DIV></DIV>
<DIV> </DIV></DIV>
<DIV
style="FONT-STYLE: normal; DISPLAY: inline; FONT-FAMILY: 'Calibri'; COLOR: #000000; FONT-SIZE: small; FONT-WEIGHT: normal; TEXT-DECORATION: none">
<DIV><FONT size=2 face=Arial>I believe that the detailed numbers should be
available for viewing by any member requesting to see them, but not generally
made public, and certainly not posted anywhere. There are certain things
that should remain confidential - like payroll. Do we really want
employees (or their member parents!) asking why they can't have year-end bonuses
if there's still money left in the budget at year's end? </FONT></DIV>
<DIV><FONT size=2 face=Arial></FONT> </DIV>
<DIV><FONT size=2 face=Arial>Commentary such as, "All items except mooring
R&M, which was $2,500 over budget as a result of the elevated cost of
replacement mooring chain, and fuel sales, which were weaker than expected in
our recent rainy period, remain within or close to budget. We have plenty
of cash on hand, and expect to finish the year well within our overall operating
budget" should tell most folks what they want to know - I.e., are things under
control, there aren't any unanticipated financial threats on the horizon,
etc.</FONT></DIV>
<DIV><FONT size=2 face=Arial></FONT> </DIV>
<DIV><FONT size=2 face=Arial>Just my two cents' worth.</FONT></DIV>
<DIV><FONT size=2 face=Arial></FONT> </DIV>
<DIV><FONT size=2 face=Arial>Charlie. </FONT></DIV>
<DIV style="FONT: 10pt tahoma">
<DIV> </DIV>
<DIV style="BACKGROUND: #f5f5f5">
<DIV style="font-color: black"><B>From:</B> <A title=dgingras@comcast.net
href="mailto:dgingras@comcast.net">Dan Gingras</A> </DIV>
<DIV><B>Sent:</B> Sunday, May 15, 2011 9:27 AM</DIV>
<DIV><B>To:</B> <A title=board@portsmouthyc.org
href="mailto:board@portsmouthyc.org">board@portsmouthyc.org</A> </DIV>
<DIV><B>Subject:</B> [Board] Message from al williams</DIV></DIV></DIV>
<DIV> </DIV>
<DIV class=WordSection1>
<P class=MsoNormal><SPAN style="COLOR: #1f497d">This is a note from Al
Williams.<o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN style="COLOR: #1f497d"><o:p></o:p></SPAN> </P>
<P class=MsoNormal><SPAN style="COLOR: #1f497d">Dan<o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN style="COLOR: #1f497d"><o:p></o:p></SPAN> </P>
<P class=MsoNormal><SPAN style="COLOR: #1f497d"><o:p></o:p></SPAN> </P>
<P class=MsoNormal><B><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'; FONT-SIZE: 10pt">From:</SPAN></B><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'; FONT-SIZE: 10pt"> Williams, Allen R
CTR USAF AFMC ESC/HBSRE [mailto:Allen.Williams.ctr@hanscom.af.mil]
<BR><B>Sent:</B> Friday, May 13, 2011 9:03 AM<BR><B>To:</B> Dan
Gingras<BR><B>Subject:</B> Board Reports<o:p></o:p></SPAN></P>
<P class=MsoNormal><o:p></o:p> </P>
<P class=MsoNormal>Dan,<o:p></o:p></P>
<P class=MsoNormal><o:p></o:p> </P>
<P class=MsoNormal>I have caught up on what’s happening at the Club via the
board reports.<o:p></o:p></P>
<P class=MsoNormal><o:p></o:p> </P>
<P class=MsoNormal>I don’t know if you remember a conversation that we had in
the past regarding <o:p></o:p></P>
<P class=MsoNormal>the “complete” financials be included as part of the BoD
minutes and / or posted at the Club.<o:p></o:p></P>
<P class=MsoNormal><o:p></o:p> </P>
<P class=MsoNormal>I am sure the treasurer’s reports are fine but the last
several board meeting<o:p></o:p></P>
<P class=MsoNormal>minutes have not shown or discussed the financial position of
the club like in the <o:p></o:p></P>
<P class=MsoNormal>Past i.e; cash on hand, % of budget spent/remaining,
etc).<o:p></o:p></P>
<P class=MsoNormal><o:p></o:p> </P>
<P class=MsoNormal>I believe some “numbers” need to be referenced at a minimum
in the board meeting minutes.<o:p></o:p></P>
<P class=MsoNormal>I would prefer the completed Treasurer’s report be made part
of the public record just like<o:p></o:p></P>
<P class=MsoNormal>the B of D Meeting minutes are.<o:p></o:p></P>
<P class=MsoNormal><o:p></o:p> </P>
<P class=MsoNormal>Can you please bring my concern to the board for
consideration and discussion?<o:p></o:p></P>
<P class=MsoNormal><o:p></o:p> </P>
<P style="MARGIN-BOTTOM: 12pt" class=MsoNormal>Best
Regards,<BR>ARW<o:p></o:p></P>
<P class=MsoNormal><o:p></o:p> </P>
<P class=MsoNormal><SPAN
style="FONT-FAMILY: consolas; FONT-SIZE: 10.5pt">A.R.Williams,
Contractor<o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN style="FONT-FAMILY: consolas; FONT-SIZE: 10.5pt">Task
Lead, Aerial Air Surveillance System Division (AASSD)<o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN style="FONT-FAMILY: consolas; FONT-SIZE: 10.5pt">ETASS
OSS&E Lead Engineer<o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN
style="FONT-FAMILY: consolas; FONT-SIZE: 10.5pt">ESC/HBS Hanscom
AFB<o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN
style="FONT-FAMILY: consolas; FONT-SIZE: 10.5pt"><o:p></o:p></SPAN> </P>
<P class=MsoNormal><SPAN style="FONT-FAMILY: consolas; FONT-SIZE: 10.5pt"><IMG
id=_x0000_i1025 src="cid:D971B451783F4E21A1770FF32E0745EE@OwnerPC" width=88
height=13></SPAN><SPAN
style="FONT-FAMILY: consolas; FONT-SIZE: 10.5pt"><o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN
style="FONT-FAMILY: consolas; FONT-SIZE: 10.5pt">Comm:(781)377-0852<o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN
style="FONT-FAMILY: consolas; FONT-SIZE: 10.5pt">DSN:
478-0852<o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN
style="FONT-FAMILY: consolas; FONT-SIZE: 10.5pt">Cell:(603)264-0830<o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN style="FONT-FAMILY: consolas; FONT-SIZE: 10.5pt">Email:
<A
href="mailto:patrick.martone@hanscom.af.mil">mailto:patrick.martone@hanscom.af.mil</A>
<o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN
style="FONT-FAMILY: consolas; FONT-SIZE: 10.5pt">SIPRNet: <A
href="mailto:patrick.martone@afmc.af.smil.mil">mailto:patrick.martone@afmc.af.smil.mil</A><o:p></o:p></SPAN></P>
<P class=MsoNormal><o:p></o:p> </P></DIV>
<P>
<HR>
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