AGM 2004 -- Feb 17thAttendees Gavin Ingram, Stu Wallis, Craig Stewart, Mark Richardson, Jamie Prescott, Bob Clark, Chris Buczkowski, Brolsy Gordon, Tim Pendlebury, Bill May, Tim Shaw Finance Income Statement for 2003 Season Actuals as of Januay 31st, 2004 Balance Forward $2,689.54 March 31st, 2004 Revenue Membership Fees $3,757.89 $120 & $30 for Non-Playing Sponsorship $750.00 Sports Café Footy Tipping $537.00 Beer Fund $425.25 Hockey Play-Off Pool (Net) $170.00 AFL Grand Final Night $1,599.50 Door & Raffle Premiership Golf Shirts $550.00 T-Shirt Sales $105.00 Old Jumper Sales $140.00 $20 each Chad Perkins Donations $370.00 Misc. $0.90 Interest TOTAL $8,405.54 Expenses 2003 League Fees $1,600.00 T-Shirts $600.00 Customwear Premiership Polo Shirts $1,432.61 Customwear Field Permit $155.15 Rosehill Reservoir Footy Tipping Payout $374.50 Dean Fanning & Tim Shaw Chad Perkins Donations $370.00 Equipment $135.06 Goal Posts, Ball Bag, Play board, Patch Trophies $605.38 D&G Trophies Web Site $115.45 Footies $362.86 Footy Trip Allowance $1,240.25 OAFL Fine $50.00 No attendance at League Mtg. - Not Paid yet. Banner Supplies & Party $50.26 Administration Expenses $181.98 Misc. $75.00 Michael Lazecki Donation TOTAL $7,348.50 NET INCOME / (OUTCOME) $3,746.58 1) General Comments Highlights The club tracked to the 2003 budget very well. The dynamics of the season - pluses & minus - balanced well. The club is in fantastic financial position heading into the 2004 season. Revenue Membership dues collection was 100% successful - A first!!! The dues collected was even up 4% over last year. Formal Sponsorship was down $250 this year - need to try and collect this still. The AFL Grand Final was a significant revenue generator. Many thanks, Ozzie. In-Formal Sponsorship played a significant role this year. Many thanks to Tim Gill for the Hockey Pool & Tim Shaw for the Footy Tipping. They each netted approx. $200 each. The Beer Fund was significantly improved this year. Great work Jake. The miscellaneous attire sales were both beneficial and in-line with previous seasons - need to maintain this. Expenses Total Expenses in 2003 were significantly higher than 2002. The main differences being: Premiership shirts, Footies, Field Permit and equipment. We need to sell the balance of the Premiership Golf shirts to cover our expenses. Just over 50% have been given out. Summary Fortunately, the increased revenue stream covered the increased expenses of a Premiership year and still resulted in a net income for the club of $1,057. This is 50% decrease over 2001, however the club is in very good financial position going into the 2004 Season, with opportunity to decrease our exposure – golf shirt sales and Sports Café sponsorship. Elections --------- President Tim Shaw Voted 11 of 11 Vice President Bill May Voted 11 of 11 Treasurer Jamie Prescott Voted 11 of 11 Secretary Stu Wallis Voted 11 of 11 Team Manager Nominations : Ask Jake Coach Suggestions : None Assistant Coach Suggestions : None Sub-Committees -------------- To be Determined Training Start Date ------------------- Formal Training April 6th Other Business -------------- Updates to Guideline Document to be completed by Tim for next meetings Changes include - Move some administration tasks to Vice President as well as sponsership duties and sub-commitee management - Outline team membership dues and how they can be calculated Suggestion : Sell shorts and sox as part of team membership Next Meeting ------------ 7.00pm Tuesday March 16th