LC telecon 2011-10-20
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Date and Time
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Non-voting:
Roll Call
Minutes
Board of Trustees and Leadership Council - 10:30am-12:00pm
BUDGET 10:30am-12pm
Lucy shared the monthly financial reports for July (September not available yet - reports from IEEE-ISTO should be 4 weeks out, currently running 6-7 weeks out). Conservative in provisioning. We had a cash reserve, membership losses were included in the cash reserve. If membership stayed stable plus revenue in the certification program, there could have been more funds.
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