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APSA Treasurer's Report

Published online by Cambridge University Press:  10 May 2005

Henry E. Brady
Affiliation:
University of California, Berkeley

Extract

With its mission broadening and budgets tightening, APSA has continued to operate efficiently and responsibly, and fiscal year 2004 ended within budget and with a growth in net value. In the fall of 2003, the Council made the decision to approve a deficit budget of $43,000. This planned deficit allowed the Association to tap into its reserves to implement an extensive technology plan that included transforming the APSA web site and upgrading the headquarters' aging cabling and network infrastructure. APSA accomplished these projects—and a number of others—and managed to finish the year ahead of budgeted costs, with a deficit of less than $2,000 from programmatic and general operating activities. APSA also ended the year with a significant increase in its net assets.

Type
Association News
Copyright
© 2005 by the American Political Science Association

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