THE BULLETIN - Business & Finance Division - Special Libraries ...

B&F Bulletin
“We are pleased to congratulate Mari Beth Slade, and to inspire excellence in student publishing,” said Gill
Etienne, Head of Corporate Communications at Emerald. “We make this investment in library science students as a
way to give back to the profession, and look forward to hearing from the librarians of the future in years to come.”
In addition, Emerald recognizes two other submissions with Honorable Mentions. Jason Woloski, also from
Dalhousie University, for his paper entitled “Quality vs. Popularity,” and Angela Milock from the University of
Wisconsin in Madison for her paper “Analysis of the Lesbian Gay Bisexual Transgender Campus Center
(LGBTCC) Library Collection.”
Originally from St. John’s, Newfoundland, Canada, Mari Beth Slade holds a BA (Hons.) in English from Dalhousie
University and graduates this May with a MLIS and MBA, also from Dalhousie. With interests in corporate
librarianship and environmental issues, Mari Beth hopes to pursue a career in sustainability reporting for the
financial sector. Last summer, Mari Beth worked at the Canadian Imperial Bank of Commerce as part of a research
team, supplying competitive information to employees worldwide. She is currently employed at the Royal Bank of
Canada in Toronto as part of their Environmental Risk Management Group.
SLA Business & Finance Division
Treasurer’s Report as Presented at the
2007 Annual Business Meeting, June 4, 2007
The balances in our accounts, as of May 31, 2007, are as follows:
Operating Account, Wachovia Bank = $ 93,143.15
SLA Pooled Fund Account = $ 51,261.81
Wachovia Money Market Account = $ 20,557.90
TOTAL = $164,962.86
This compares with a balance of $132,898.06 last year, an increase of $32,064.80.
In 2005, your Executive Board implemented a few new practices, mostly as they relate to our generous conference
sponsors. The Vendor Relations Committee corresponds with our sponsors earlier in the year than before.
Commitments were received earlier, and invoices were sent out soon thereafter. The result has been that most of
these sponsors have already responded with their contributions, as opposed to our receiving most of the dollars after
the conference in years previous to 2006.
We estimate that we’ll have about $50,000 more in income for the year, in combination with the additional vendor
payments, our eight CE Courses, and the ticketed events. Our conference expenses will be about $85,000, which is
typical of most years. Our budget and annual financial statement are published each year in the spring issue of the
B&F Bulletin for any of you who want more detail.
As I mentioned when I gave you the current balances, we have two accounts for our savings, both basically money
market funds. The Wachovia account historically has yielded a higher rate of interest than the SLA pooled fund.
However, I’m pleased to report that the SLA pooled fund is generating a higher yield than in recent years, slightly
higher than 4%. We’ll continue to monitor both accounts.
Please join me in thanking the members of the Executive Board and Advisory Board who have worked diligently
this year to continue the tradition of keeping our Division fiscally sound.
At the meeting, I had reported balances that reflected that I had transferred $40,000 from the Wachovia operating
account to the Wachovia money market account. Upon receiving the May statements, however, I learned that the
electronic transfer had not gone through. Therefore, in June, I transferred the $40,000 to the SLA pooled fund
account.
Terri Brooks
brooks@ici.org 202/326-5904
Spring 2007 28