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PCS Financial Reports
 2003 - Tom Driscoll
2002 - Arun Mahajan
2002 - Scree Rate Increase
2001 - Scott Kreider
2000 - Bill Kirkpatrick
1999 - Dee Booth
1998 - Nancy Fitzsimmons
1997 - George Van Gorden
1996 - Jim Ramaker
1995 - Phyllis Olrich
1994 - Bob Suzuki
1993 - Brian Boyle
 1992 - Charles Schafer
1991 - Debbie Benham
1990 - Dinesh Desai
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| 1992 Treasurer's Report |
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The PCS continues to be in good financial health. The number
of members increased by 22 (to 197) during 1992, and our net
worth increased by $325. Our net worth is calculated using a
method which the SEC or the American Society of Accountants
may not promulgate, but which gives a clear picture of our
financial standing, nonetheless. This method assumes that
the PCS disbands at the end of the year (say what?) and
returns pro rata shares of unused subscriptions to members.
Such an analysis shows a refund to members of $1138, leaving
the PCS with a remaining net worth of about $1046. This
suggests that no dues increase is necessary unless there is
a fundamental change in our expenses.
- Charles Schafer
| Balance Sheet |
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December 1992
Assets:
Wells Fargo Checking Account $2183.95
Liabilities:
Number of members 197
Average refund owed $5.77
Total refund owed $1137.50
Net Worth $1046.45
My thanks to Paul Vlasveld for his help with this analysis.
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