1. Treasurer’s Report
Financial Year Ending 2016

2. BMXSQ Bankers, Westpac & Queenslanders Credit Union
FY16 Interest, $1285 up from FY15, $921

4. 66% of Expenses to run 8x Zone Events

5. Expenditure for 2017 $110, 000 High Level Expense Budget
$66,000 Delivery of Events Including Awards & Entertainment
$15,000 Renewal of Hire Transponder Chips from Mylaps (2years)
$13,500 Depreciation of Assets
$10,000 Athlete Development / Recognition
Expanded ID Coaching
Crackerjack & Dynamite Recognition Dinner
ID Squad State Dinner Attendance
$10,000 Operating / Admin
$5,000 Volunteer Support
Recognition of our Officials
$5,000-$7,500 Club Development (1300 Medic First Aid Training)
$127,000 Approx $15,000-$20,000 Draw-down on FY16 Reserves
$50,000 Reserve to be maintained

6. Opportunities for 2017 More Focus on Grass Roots Services
Help Clubs be Self Sufficient
Volunteer Training
Coaching Days, for beginners & Intermediate
Co-operation with BMXQ for delivery of services

7. Thank-you for your interest …
Questions
BMX South Queensland uses MYOB Essentials
With the assistance of MLH Business Accounting Services
Thank-you for your interest …