Subscription Increases for the 2017/2018 Season
I take full responsibility for the confusion created by my Commodores report around the fee increase and apologize unreservedly for reporting the incorrect fee increase. In my report, I referred to our subscriptions incorrectly as increasing by inflationary increase of only 6.67%.
Regrettably, the increase of 6.67% was used in our first draft budget. To balance the budget with cuts in expenditure, we had to increase the subscriptions of memberships be 10% for most categories of membership for the season ahead.
Once again, we are looking for a treasurer for ZVYC for the season ahead; your assistance in this regard will be highly appreciated by both the club and the committee.
Please be reminded that our AGM is TONIGHT. Attendance register and pre-drinks at 19h00, upper deck, and/or tea and coffee from the galley, followed by the meeting to start at 19h30.
The financials will be available tonight and electronically to any members requesting them from the manager.
The quorum is 25 members, please make every effort to atten