FISKAL RESPONSIBILITY

Fiscal Responsibility
Our chapter Treasurer and Fundraising Chair have been successful in raising funds to meet our financial obligations. Monies are raised from membership dues, new member fees, fundraising events, and alumni contributions. Some of the expenses include chapter liability insurance, international membership fees, and money for chapter offices.

Our chapter Treasurer maintains records of our income and expenses. At the end of each month, he compiles the information and creates two reports, an Income and Expense Report and an Asset and Liability Report. These reports are for the chapter's review and are also sent to our Fraternal Headquarters for their review.

Our success in raising funds gives us much to look forward to. We anticipate a substancial balance in our bank account in the near future to be used for rushing new members, brother events, or additional house renovations.