1. Financial Report Good News! 2008 Projections- Meeting Budget Income and Expenses Working on 2009 Budget- Mindful of current economic conditions

2. Financial Report 2008 Income INCOME Amount Interest Income CD YTD $1,472.67 Website Grant 2 $10,000.00 Conference totals $65,200.00 Memberships $12,000.00 Oak Hill Grant $28,576.04 Other Golf/sponsors$12,000.00 Total Income $129,248.71

3. Financial Report 2008 Expenses EXPENSES Amount ADMIN $15,000.00 ARD $650.00 AWARDS/GIFTS $1,000.00 BOARD $1,000.00 CONFERENCE $30,000.00 FEES $300.00 OFFICE/PHONE $3,300.00 POSTAGE $600.00 PRINTING $1,500.00 FALL MEETING $3,000.00 TRAVEL $1,000.00 WEB $360.00 TRAINING $800.00 OAK HILL/OTHER $39,085.00 Total Expenses $97,595.00

4. What’s In Store? Estimated 20% decrease in 2009 Budget Continued Fiscal Responsibility 2009