again organized it. Rob reported $30,235the currently in the SMS checking account with Regions Bank and three board members audited the check book and bank statements for 2016 & 17 so he can submit the 2017 Audit Report to the USMS office before the National Convention. Rob shared his 2016 Income and Expense Statement indicating expenses of $6721 less income of $4445 for a net loss of $2275 which was anticipated since SMS had $30,478 in checking as of 1/1/16 less $2275 should leave $28,315 in the checking account as of12/31/16. The Regions Bank Statement for 12/30/16 was $32,075.94 vs amount in check book of $30,235.70. Pat Arnold, Sanction reported sanctioning three SMS Championship meets as she does every year and PACs Seventh Master’s Meet in Mandeville on Saturday, September 30, 2017 and Don reported invitations are available on line. There is also a meet at Tupelo Ms on December 10/11, 2017, and the Shreveport Red River Masters are thinking about a one day meet next year in the fall. Doug Kopp reported only 468 SMS members registered so far this year down from 645 at end of 2016 due primarily to Crawfish Aquatics, Red River’s Masters and Tiger Aquatics not requiring USMS membership for their adult swimmers. However, New Orleans, Slidell, and the Mississippi Gulf Coast have shown an increase in USMS/SMS membership. The meeting adjourned at 3 PM and the 1500m event started. Respectfully submitted, Doug Holmes, Sec PS: Doug Holmes took Rob’s 2016 figures and came up with a proposed three year budget for 2017 & 18 & 19 which will be discussed, amended and approved during SMS board conference call on September 6, 2017 in the following format. INCOME 2016 (No.) 2017 (No.) 2018 & 19 (No.) From USMS reg $ 1915 (648) $ 1000 (500) $1000 (550) SCY Championships 642 1250 1250 LCM 388 1250 1250 “ SCM 2325 1250 1250 “ Clinic/other __ 216__ ___0___ __200__
again organized it. Rob reported $30,235the currently in the SMS checking account with Regions Bank and three board members audited the check book and bank statements for 2016 & 17 so he can submit the 2017 Audit Report to the USMS office before the National Convention. Rob shared his 2016 Income and Expense Statement indicating expenses of $6721 less income of $4445 for a net loss of $2275 which was anticipated since SMS had $30,478 in checking as of 1/1/16 less $2275 should leave $28,315 in the checking account as of12/31/16. The Regions Bank Statement for 12/30/16 was $32,075.94 vs amount in check book of $30,235.70. Pat Arnold, Sanction reported sanctioning three SMS Championship meets as she does every year and PACs Seventh Master’s Meet in Mandeville on Saturday, September 30, 2017 and Don reported invitations are available on line. There is also a meet at Tupelo Ms on December 10/11, 2017, and the Shreveport Red River Masters are thinking about a one day meet next year in the fall. Doug Kopp reported only 468 SMS members registered so far this year down from 645 at end of 2016 due primarily to Crawfish Aquatics, Red River’s Masters and Tiger Aquatics not requiring USMS membership for their adult swimmers. However, New Orleans, Slidell, and the Mississippi Gulf Coast have shown an increase in USMS/SMS membership. The meeting adjourned at 3 PM and the 1500m event started. Respectfully submitted, Doug Holmes, Sec PS: Doug Holmes took Rob’s 2016 figures and came up with a proposed three year budget for 2017 & 18 & 19 which will be discussed, amended and approved during SMS board conference call on September 6, 2017 in the following format. INCOME 2016 (No.) 2017 (No.) 2018 & 19 (No.) From USMS reg $ 1915 (648) $ 1000 (500) $1000 (550) SCY Championships 642 1250 1250 LCM “ 388 1250 1250 SCM “ 2325 1250 1250 Clinic/other __ 216__ ___0___ __200__
SMS%202017%20Annual%20Meeting%20Minutes%20.docx