Directors waive monthly fee for December
As a result of a review of projected income and expenses until the end of the year, the Board of Directors has waived the December monthly service fee for members. This measure will be evident on members’ December invoices which will be received in January.
RAHB Finance Chair Donna Bacher announced the news at the RAHB Annual Election Meeting on November 27. She also noted that the Finance Committee will annually review expected surpluses or deficits to determine what, if any, measures are required to deal with the excess or loss. The review is required by a new policy for surpluses and deficits, which took effect for the end of the current fiscal year.