CEC News from the Management Committee Meeting – $$$$

September 21, 2008 at 5:31 pm Leave a comment

Well, did the ‘$$$$’ catch your eye?  Two excellent pieces of news:

– the 1/4 million dollar+ debt inherited by Central Escarpment Council on being formed from the ashes of Atironta region has been retired!  Yup, that’s right, gone!  As a businessman I enjoy good management, and the focus has been exactly correct.

– because the debt is gone, your group will benefit.  Some of you will remember that CEC took all funds from the old Wellington Area (which was raised from the groups), and held them in trust.  This amounted to some $75,000 (about $38,000 of this from Oakville).  That money, now that the debt is retired, is no longer required AND WILL BE RETURNED TO THE GROUPS IN EACH AREA.  The amount held for Wellington will be returned to the groups, proportional to the number of youth in each group by Christmas.  As we all know, this is still a couple of birds in the bush, but you can pretty well count a nice Christmas bonus for your group.  It will of course appear on your next year’s financial statement!

– this years slogan is “Growth through Program Excellence”. Everything we do should relate to delivery and supporting a quality program.


Entry filed under: Fund Raising, Important, Messages, Warnings, Sections - 6 Adult.

CEC Fall Camporee – only 11 days to go! 8th Annual Pioneering Workshop – Nov 7-9 – Barber Scout Camp

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


September 2008
« Aug   Oct »

Most Recent Posts

%d bloggers like this: