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2012 Annual Report - State Bar of Georgia

2012 Annual Report - State Bar of Georgia

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2010‐2011 Financial <strong>Report</strong><br />

Income<br />

Opening Balance for Fiscal Year 2010‐2011<br />

* Including $13,507 in Reserve Funds carried forward from FY2010.<br />

General Income (including, but not limited to team & contest registration fees,<br />

Law Academy tuition, <strong>State</strong> Finals ticket sales, resource material sales)<br />

$91,948<br />

$47,361<br />

Young Lawyers Division HSMTC Allocation $10,000<br />

<strong>State</strong> <strong>Bar</strong> <strong>of</strong> <strong>Georgia</strong> Contribution to HSMTC $71,400<br />

Donations to the HSMTC (general and national tournament‐related) $12,090<br />

Total Income to SBG Account $232,799<br />

Expenses<br />

HSMTC Program Expenses (including, but not limited to regional and state<br />

finals competition coordination, Law Academy, national tournament<br />

participation, staff salaries, travel expenses, <strong>of</strong>fice expenses, printed materials,<br />

awards and meetings)<br />

$165,068<br />

Total Expenses HSMTC Expenses $165,068<br />

HSMTC Fund Balance (as <strong>of</strong> 06/30/11) $67,731<br />

<strong>2012</strong> Reserve Funds Balances (as <strong>of</strong> 07/01/11)<br />

George H. Carley Fund for <strong>State</strong> Champions $6,307<br />

Susan B. Devitt Scholarship Fund for Law Academy $1,664<br />

Julie Jobe Award for Excellence in Mock Trial Account $446<br />

School & Region Accounts $662<br />

Reserve Funds Total $9,079<br />

46

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