District Governor Financial Report for the year ended 30 June 2017

RI requires that the DG reports on (A) Financial Results of the District for the year under review and (B) The DG Expense Allowance from Rotary International

(A) Summarised District 9370 Results for the year ended 30 June 2017

Total Income Actual Budget MEMBERSHIP FEES 681,505 721,500 SPONSORSHIP 23,000 22,000 INVESTMENT INCOME 73,134 30,000 Total Income 777,639 773,500 Less: Expenses 644,515 772,825 Surplus for the year 133,124 675

Total Income (continued) BUDGETED MEMBERSHIP FEES of R721,500 per annum were calculated at a membership of 1850 @ R390.00 per member (prior year R 370 per member) Dues were calculated as follows: District dues R325 Conference levy R 65 R390

Expenditure Actual Budget Travel, Accom & Expenses 63,219 117,000 Training & Seminars 215,939 179,275 District Administration 129,044 135,800 District Programmes 0 36,500 Membership Committee 0 10,000 Club Extension 4,200 30,000 Public Image & Comm Software 30,802 35,000 RI Conferences and Conventions 94,376 90,000 Rotary Foundation 1,435 10,000 Youth Services 5,500 9,000 District Conference 100,000 120,250 TOTAL EXPENDITURE 644,515 772,825

(B) The DG Expense Allowance from Rotary International for the year ended 30 June 2017

DG EXPENSE ALLOWANCE FROM ROTARY INTERNATIONAL 2016-17 Allowance Advanced (70 % ) R 365,803 Additional Claim R 4,758 Total Approved Expenses R 370,561

DG EXPENSE ALLOWANCE FROM ROTARY INTERNATIONAL 2016-17 Expenditure Travel +- 39,000 km R 201,394 (Budget 55,000 km - reduced by 3 week visit periods) Accommodation R 56,484 Phone /Cell / Internet R 21,261 Tolls, Gifts, Meals, Certificates R 15,875 Stationery R 9,384 AG Training R 34,875 GETS R 23,308 Regalia, Ties and Scarves R 7,980 TOTAL R370,561

EXPENSES REPAID TO DISTRICT FROM ALLOWANCE Included in the total funds received from RI was an amount of R 66,163 which related to AG Training Expenses Attendance at GETS (Governor Elect Training) Theme Items (Regalia, Ties and Scarves) This expenditure, paid initially by District, has been repaid to the District during the course of the 2017-18 financial year

District Governor Financial Report for the year ended 30 June 2017 Approval of Delegates at Conference !!!

Thank you for listening and for your support during my year in office PDG Bruce Steele-Gray