FOR DISTRICT 5960 CLUB TREASURERS
Frequently asked questions . . . (updated December 20, 2012)
BUDGET PLANNING: What is the amount of dues paid out to Rotary International and District 5960 on behalf of each member per year?
2012-13 DUES PAID TO ROTARY INTERNATIONAL IN CHICAGO
ROTARY INTERNATIONAL DUES, INSURANCE (billed semi-annually-now online billing):
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Semiannual Dues Period Billed
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Expense Type
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Amount
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July (2012)
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RI per capita dues
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$26.00
|
|
July
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Council on Legislation fee
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$1.00
|
|
July
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The Rotarian magazine
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$6.00
|
|
July
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D&O/EPL insurance fee
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$.40
|
|
July
|
General Liability insurance fee
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$2.72
|
|
|
|
$36.12
|
|
Semiannual Dues Period Billed
|
Expense Type
|
Amount
|
|
January (2013)
|
RI per capita dues
|
$26.00
|
|
January
|
The Rotarian magazine
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$6.00
|
|
|
|
$32.00
|
Total annual RI dues per member: $68.12
ROTARY DISTRICT 5960 ANNUAL DUES FOR 2012-13
Total annual District dues per member: $52.00 (billed annually each July)
2012-13 DUES PAID TO DISTRICT 5960 IN ST PAUL
$52.00 annual DISTRICT dues ($2 increase approved by delegates at 2012 Annual Business Meeting)
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$120.12 approximate total in annual per member payments to both Rotary International (Chicago) and Rotary District 5960
IN ADDITION - DISTRICT TRAINING FEE:
The amount is added annually to the District 5960 club dues invoices, so please add this to your club's budget.
But, what exactly is this fee?
The district supports a number of annual training events, such as the Rotary Midyear Rally, now combining the Leadership Academy, PETS I and Mid-Term meetings and the Membership/Public Relations/Foundation Seminar, Assemblies, District Team Training, Webinars, etc. For each of these events we have to estimate how many will attend, reserve space, food and materials for an unknown number, take attendance and then bill the clubs after the event for those who were in attendance.
In preparing the budget the Finance Committee decided to project those costs and assess the clubs for attendance of their members in advance on the following formula:
Club size: 0-25 members @ $125.00 per year
Club size: 26-60 members @ $225.00 per year
Club size: 61 or more members @ $325.00 per year
How do we all benefit?
1. No more after the fact hassles over who was there and who wasn’t
2. Reduces club treasurer time and District Administrator time needed to process the multiple invoices and checks
3. Gives Event chairs a known budget from which to work
4. Pays for the Webinar training
5. Encourages all clubs to send members to training, they’ve been paid for already.
6. Increases the fellowship in the district as more members meet their peers from other clubs
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