Operations

Budget Position May 31, 2002

Anticipated Budget Position December 31, 2002

Reserve Balance Overview

Budget Development Plan  June 18, 2002 Outline organizational goals Develop list of key programs Discuss revenue streams  July 8, 2002 Submit revenue numbers by type of revenue  July 16, 2002 Discuss revenues and plan for allocation among functional areas Develop / outline individual functional area plans  August 13, 2002 Discuss program lists focusing on areas of overlap / priority Individual functional area development of budget numbers  September 17, 2002 Senior Staff budget review  October, 2002 Budget presented to Board of Trustees for review and approval

Partners In Travel  Experience to date (February through May) Trips booked221 Service fees$5,505 Managed savings$15,530 Total Savings$10,025

Partners In Travel  Examples of managed savings Discounts on flights to DC and Saginaw Avoidance of ticket revision penalty fees Suggesting alternative flights to traveler’s request Suggesting Saturday night stays Advising to book nonrefundable flights prior to confirmation of travel plans with ability to void ticket if necessary penalty free

Partners In Travel  Additionally People appear to be booking flights earlier to ensure they get direct flights and avoid showing up on management reports. PIT calls hotels directly to negotiate rates and often gets better than corporate rates. Our administrative staff and other staff have been relieved of the time and effort required to book our many trips. Feedback generally positive. New flight itinerary document. Sample Itinerary Sample Itinerary Will be investigating monthly management fee. PIT performing as we expected and as they claimed they would. Working hard to please us.