As your Club Treasurer, I have provided a summary of the Dues and Meal Changes that went into effect on July 1, 2024.
The Club Assembly held on May 13, 2024, identified several necessary changes to the current quarterly dues and meal charge structure to address several club objectives and other changes in locations and numbers of meetings made in the previous fiscal year that will continue for the fiscal year 2024-25 as follows:
- Increase the quarterly dues charge from $90.00 per quarter to $130.00 per quarter or $520.00 per year to address the decline in membership in recent years, increased annual administrative and operating expenses, and the needs to provide partial support for the Maldaner’s minimum weekly buffet expense due to the phase out of meal tickets noted in the following paragraph and provide some funding for non-budgeted programs on an annual basis such as the Rotary International Conference, Community Outreach, Membership Support, etc. As a point of reference, dues were last increased from $60.00 per quarter to $90.00 per quarter effective April 1, 2015, when membership was at 70. Current membership is 42 with average meeting attendance at fifty (50.0%) to sixty (60.0%) percent of current membership.
- Decrease the quarterly meal charge for members from $90.00 per quarter, which included six (6) meal tickets that could be used for current or future meals at Maldaner’s, to $45.00 per quarter or $180.00 per year, which includes three (3) recorded and automatically billed meals per quarter. Usage of these billed meals by members is being tracked using the weekly attendance roster. The weekly meeting minimum club commitment for meals purchases at Maldaner’s is for twenty-five (25) meals at $15.00 per meal or $375.00 per meeting. Please note that beginning with the July 1, 2024 to September 30, 2024 quarter, the meals billed for the quarter must be used during that quarter as the meal tickets will no longer be issued. However, any old meal tickets that you currently hold may be used as payment for the evening meals at Maldaner’s or you can simply pay with cash or check at the meeting. This change is also intended to recognize that the Club will continue the practice initiated during the last Rotary Year of scheduling off-site social nights as well as holiday events during the year that are held at locations other than Maldaner’s where members pay for their meals individually and designating some weeks where a meeting is not scheduled.
While the total quarterly dues and meals billed for the 2024-25 fiscal year has been reduced by $5.00 per quarter, the primary change is that the meals billed in the quarter must be used in that quarter (use it or lose it) as meal tickets are being phased out during the current fiscal year ending June 30, 2025. Accordingly, you may want to use those meal charges billed in the current quarter first before using any remaining meal tickets you may hold or paying for a meal with cash or a check in the current quarter.
Feel free to contact me if you have any questions.