R10 Budget for Year 2014

Takao Onoye, Osaka University2013-2014 Region 10 Treasurer

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1st-2nd March, 2014Hilton Kuching Hotel, Malaysia

Budget for Year 2014 - Summary

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2014

Budget(Ⅰ )

Final Actual(Ⅲ)

Difference (Ⅲ-Ⅰ ) Budget

( A ) 599,364 599,364.38 0.00 453,723Section Congress Reserve ( B ) 100,000 100,000.00 0.00 230,000GOLD Congress Reserve ( C ) 8,000 8,000.00 0.00 0Student Congress Reserve ( D ) 13,000 13,000.00 0.00 0WIE Congress Reserve ( E ) 7,000 7,000.00 0.00 0MGA Training Reserve ( F )

( G ) 727,364 727,364.38 0.00 683,723From HQ ( H ) 265,528 268,938.85 3,410.90 468,268Others ( I ) 16,941 36,735.47 19,794.47 8,000From Section Congress Reserve ( J ) 0 0.00 0.00 230,000From GOLD Congress Reserve ( K ) 8,000 8,000 0.00 0From Student Congress Reserve ( L ) 13,000 13,000.00 0.00 0From WIE Congress Reserve ( M ) 7,000 7,000 0.00 0From MGA Training Reserve (N)

(O) 310,469 333,674.32 23,205.37 706,268Region (P) 277,000 229,570.46 -47,429.54 640,619Committee (Q) 172,400 119,744.75 -52,655.25 118,300To Section Congress Reserve ( R ) 80,000 130,000.00 50,000.00 0To GOLD Congress Reserve ( S ) 0 0.00 0.00 6,000To Student Congress Reserve ( T ) 0 0.00 0.00 10,000To WIE Congress Reserve ( U ) 0 0.00 0.00 5,000

( V ) 529,400 479,315.21 -50,084.79 779,919

( W ) -218,931 -145,640.89 73,290.16 -73,651

( X ) 380,433 453,723.49 73,290.16 380,072Section Congress Reserve ( Y ) 180,000 230,000.00 50,000.00 0GOLD Congress Reserve ( Z ) 0 0.00 0.00 6,000Student Congress Reserve ( AA ) 0 0.00 0.00 10,000WIE Congress Reserve (AB) 0 0.00 0.00 5,000

(AC) 560,433 683,723.49 123,290.16 401,072

Net worthCarried

Forward FromPrevious Year

Bascic Resource Total

BasicResource

for The Year

Item

Expenditure andTo Reservefor The Year

Net worthCarried

Forward ToNext Year

General Reserve

Total

Balance (Basic Resource Total - Expenditure and To Reserve Total)

Expenditure and To Reserve Total

2013

General Reserve

Total

2014 - Basic Resource for The Year

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2014

Budget(Ⅰ )

FinalActual

(Ⅲ)

Difference (Ⅲ-Ⅰ ) Budget

IRA Regional Allocation 176,600 176,600.00 0.00 176,600IRS Regional Assessment 88,928 92,338.85 3,410.90 215,325ISS Section Support via Region (SSVR) 0 0.00 0.00 0ISC Section Congress Subsidy from HQ 0 0.00 0.00 76,343IDS Regional Director Subsidy 0 0.00 0.00 0IIR RAB Investment Return 0 0.00 0.00 0

265,528 268,938.85 3,410.90 468,268ICR Region 10 Conference Return 11,941 18,981.29 7,040.29 0IIN Interest 2,500 1,902.18 -597.82 2,000IOT Other Income 2,500 15,852.00 13,352.00 6,000

16,941 36,735.47 19,794.47 8,000ISC From Section Congress Reserve 0 0.00 0.00 230,000IGC From GOLD Congress Reserve 8,000 8,000.00 0.00 0IST From Student Congress Reserve 13,000 13,000.00 0.00 0IWC From WIE Congress Reserve 7,000 7,000.00 0.00 0IMT From MGA Training Reserve 0 0.00 0.00 0

310,469 333,674.32 23,205.37 706,268

From HQ SubTotal

From Reserve

2013

Item

Basic Resource Total

Income

Others

Others SubTotal

From HQ

2014 – Expenditure and To Reserve for The Year

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2014Budget

(Ⅰ )Final Actual

(Ⅲ)Difference

(Ⅲ-Ⅰ ) Budget

BRO 30,000 23,612.35 -6,387.65 35,000BEX 52,000 53,482.53 1,482.53 52,000BRM 160,000 133,790.17 -26,209.83 160,000BSC 353,619 (*1)

BTC 10,000 10,020.00 20.00 15,000BOT 25,000 8,665.41 -16,334.59 25,000

277,000 229,570.46 -47,429.54 640,619ADV Advisory Lawrence Wong 10,600 8,694.86 -1,905.14 8,000AWD Awards & Recognition Kukjin Chun 2,900 2,748.13 -151.87 5,300EAC Education Activities Supavadee Aramvith 8,400 4,545.81 -3,854.19 10,000NEL Newsletter Ruey-Beei Wu 3,500 4,040.00 540.00 4,000LIA Industry Liaison Ravikiran Annaswamy 2,000 0.00 -2,000.00 4,200LIM Life Member Kunio Tada 2,500 0.00 -2,500.00 2,500MDC Membership Development Darrel Chong 12,300 2,234.89 -10,065.11 5,500RCC Conference & Technical Seminar Takatoshi Minami 20,700 16,924.00 -3,776.00 13,500RGP Young Professional 12,900 8,565.07 -4,334.93 12,000GPA Professional Activities Hui Zhang 3,500 2,054.50 -1,445.50 3,500RHC History Isao Shirakawa 0 0.00 0.00 1,000RSP Regional Strategic Planning Zia Ahmed 2,000 0.00 -2,000.00 0RST Regional Student Representative Pasan Pethiyagode 3,000 2,455.06 -544.94 3,000IBS Individual Benefits and Services Michael Ong 2,800 1,320.00 -1,480.00 1,300SAC Student Activities Om Perkash 11,400 8,073.42 -3,326.58 12,000STC Student/GOLD/WIE Congress 34,000 25,668.79 -8,331.21 0WIE Woman In Engineering Takako Hashimoto 15,400 14,749.23 -650.77 13,500HTC Humanitarian Technology Deepak Mathur 12,800 9,076.89 -3,723.11 7,800ECN Electronic Communications & Info Mgmt Gowtham Prasad 3,300 3,259.14 -40.86 4,200SRC Section & Chapter Elmer Dadios 8,400 5,334.96 -3,065.04 7,000

172,400 119,744.75 -52,655.25 118,300SCR 80,000 130,000.00 50,000.00 0RGR 0 0.00 0.00 6,000SRV 0 0.00 0.00 10,000WIR 0 0.00 0.00 5,000

529,400 479,315.21 -50,084.79 779,919(*1) 100,000(2012)+130,000(2013)+47,276(2014)+76,343(HQ)

Expenditure

Region 10 Conference

Regional Office

Region Sub Total

Expenditure and To Reserve Total

Items

Region

Committee

Section Congress

To Reserve

2013

ExCOM Meeting

To Student Congress ReserveTo WIE Congress Reserve

Regional Meeting

To GOLD Congress Reserve

Committee Sub TotalTo Section Congress Reserve

Other Expenses

Some comments from Treasurer

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TRAVEL REIMBURSEMENT– R10 only covers LOWEST discounted economy airfare for

volunteers’ travel– No personal insurance covered by R10 due to “Volunteer

Global Travel Accident Medical Plan”http://www.ieee.org/membership_services/membership/services/global_travel.html– Many of DELAYED report. Pls submit within ONE MONTH

after an eventGRANT/PROJECT REIMBURSEMENTmust be claimed with: – activity report– finance/expense report*– all receipts**– open call to all section for activities– co-funding with section

Pls ensure the consistency b/w (*) & (**)

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Additional comment

18th January, 2014

Based on the recommendation of our internal audit committee, we start more detailed analysis of expenditures, i.e. per volunteer, per section, etc.Please describe your membership# or OU-Code when submitting a reimbursement request

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Thank you for your attention

Takao Onoyer10-treasurer@ieee.org