Treasurer's Report

Alec Motten
Duke University
Durham, NC

afmotten@duke.edu

THE ASSOCIATION FOR BIOLOGY LABORATORY
EDUCATION, INC.   (ABLE)

MID-YEAR FINANCIAL STATEMENT SUMMARY

June 1, 2006 – February 15, 2007

CHECKING ACCOUNT BALANCE,  June 01, 2006:      $ 6,662.92
(Branch Banking & Trust, Durham, NC)

            Credits/Income  year to date                     $  7,428.96

            Debits/Expenditures  year to date           $ 7,977.78

• CHECKING ACCOUNT BALANCE,  February 15, 2007  $ 6,114.10

TOTAL CD BALANCE,  June 01, 2006:                          $  23,585.16

CERTIFICATES OF DEPOSIT (BB&T), February 15, 2007

           Number            Interest Rate   Maturity Date       Amount

 
• TOTAL CD BALANCE, February 15, 2007:                 $24,269.76

                   TOTAL ASSETS,     JUNE 01, 2006: $ 30,253.08

•  TOTAL ASSETS,   February 15, 2007: $ 30,383.86

Notes and remarks:

1.  Not included in the mid-year debits are honoraria for major workshop presenters at Purdue, a significant Association expense.  Not included in the credits are membership dues collected for Conference registrants at Purdue.  It is also anticipated that ABLE will receive a credit from Purdue for Conference income in excess of expenses. 

           Respectfully submitted on February 28, 2007

           ALEXANDER F. MOTTEN, Treasurer, ABLE
           Department of Biology                   afmotten@duke.edu
           Box 90338                                          (919) 684-2301
           Duke University
           Durham, NC   27708-0338