Committee on FinanceCommittee ReportThe committee reported that it reviewed the finances of the Convention fund and agreed with the Law Committee and delegates that the Convention and travel per diem should remain at $200 per day for the 31st Consolidated Convention. The Finance Committee also agreed with the Law Committee and the delegates, contingent upon receipts being submitted to the International secretary-treasurer's office, to reimburse for five nights’ lodging up to a maximum rate of $125.35, per night and transportation costs pursuant to article 2.6 of the International Brotherhood's Constitution. The Finance Committee issued per diem checks and compared them to the last Convention. At the 2001 Convention, 814 delegates attended. Two hundred dollars per diem was paid, for a total of $382,149; airfare paid was $126,278. The total cost of the Convention in 2001 was $2,151,039.84. At the 2006 Convention, 662 delegates and 55 delegates at large attended, for a total of 717 registered delegates. Two hundred dollars per diem was paid, for a total of $248,000. The total cost of the 31st Consolidated Convention, at the time of the report, was $1,873,262.83. Those costs were not final, as expenses from staff and representatives had not yet been submitted. The report was presented and approved on Day 4. Committee Members
Date: Saturday, July 22, 2006 through Thursday, July 27, 2006 Other meeting times will be scheduled as required. |