Board of Directors Meeting – January 2009

Title: RMAG January Board of Directors Meeting

Author: Jay Leaver, Secretary

Publication: The Outcrop, March 2009, p. 16

The 2009 Board of Directors got under way with their initial meeting on January 14th. In the spirit of unbridled optimism that tends to surround geology, we approved the budget proposed by the preceding Board. This budget anticipates a modest increase in revenue compared to last year, from $834k to $875k, mostly driven by projected increases in symposia, short courses and workshops. Projected expenses are also up, mostly reflecting Guidebook publications (a Uinta Basin and Paradox book are both planned), and costs associated with symposia, short courses, etc.

Friday Luncheons are a great way to get your ideas in front of a friendly crowd. If you have a talk you’re itching to give, please contact Steve Goolsby ((303) 773-3514 or ).

Randy Ray joined the meeting to report on progress on the 3D Seismic Symposium – it will be a terrific slate of talks, and members are urged to sign up early and often.
The Board also approved prices for short courses and field trips for the MPG – RMS Convention in June.

The Board reviewed the lease situation for RMAG. Our lease in the Symes Building is up for renewal. The building owners are asking for a substantial increase in rent. The Board detailed some officers to review the situation and make a recommendation for a Special Meeting at a later date.

It has been a while since the organization underwent a full audit – yearly reviews have been the norm. The Board determined that a full audit should be accomplished in 2009, and the Treasurers are to make a recommendation on an accounting firm and procedure at the next BOD Meeting.

The next Board of Directors Meeting will be February 11 at 4:00 p.m. in the Symes Building Conference Room. The March meeting will be on March 18 at 4:00 p.m., place to be announced.