Despite the club's declining membership, the Treasury Balance has show dramatic improvement over the years, as the numbers below will reflect. While I, as a Life Member, am not affected by any future dues increase, I am concerned as to what affect this increase will have on our existing membership who will bear the increase. I question the BOD why this dues increase is necessary at this point in time in light of published year-end treasury balances. I also believe that the membership is entitled to know who voted in favor of this proposed dues increase.

Treasury Balance (periodic balances)
December 15, 1988 - $636.25
March 31, 1989 – $795.15
May 31, 1990 - $2,716.00
May 31, 1991 - $5,868.00
June 30, 1995 - $20,742.00
December 31, 1995 - $29,852.00
June 30, 1996 - $42,112.00
December 31, 1996 - $46,389.00
June 30, 1997 - $60,186.00
December 31, 1998 - $47,041.00
December 31, 1999 - $47,483.00
December 31, 2000 - $70,992.00
November 30, 2001 - $103,950.00
September 27, 2002 - $130,499.00 (includes $14,693 in Building Fund)
December 31, 2002 - $141,435 (includes $16,912 in Building Fund)
December 31, 2003 - $156,078 (includes $31,841 in Building Fund)
December 31, 2004 - $174,955 (includes $57,858 in Building Fund)
December 31, 2005 - $175,975 (includes $73,299 in Building Fund)
December 31, 2006 - $214,802 (includes $89,863 in Building Fund)
December 31, 2007 - $214,463 (includes $108,089 in Building Fund)
December 31, 2008 - $185,051 (includes $109,654 in Building Fund)
December 31, 2009 - $229,449 (includes $108,312 in Building Fund)
December 31, 2010 - $247,260 (includes $99,757 in Building Fund)
December 31, 2011 - $270,421 (includes $99,500 in Building Fund)
December 31, 2012 - $319,385 (includes $100,145 in Building Fund)
December 31, 2013 - $334,616 (includes $99,850 in Building Fund)
December 31, 2014 - $323,926 (includes $90,744 in Building Fund)
December 31, 2015 – $328,859 (including $112,386 in MoGH funds)
December 31, 2016 – $311,950 (including $101325 in MoGH funds)