Cyberspace Communications finances for June, 1999

Jul 1 22:13 UTC 1999

Here is the treasurer's report on Cyberspace Communications, Inc. finances
through June 30th, 1999.

Beginning Balance     $4,801.13

Credits                 $624.00         Member contributions
                         $44.00         Miscellaneous donations
                   ------------
                        $668.00

Debits                   $66.15         Pumpkin Rent for July
                         $62.69         Electricity for June
                   ------------
                        $128.84

Ending Balance        $5,340.29

Our current balance breaks down as follows:

$5,164.93               General Fund
  $115.36               Silly Hat Fund
   $60.00               Spare Parts Fund

There was no activity in the Grex Store this month, so the balances remain at:

                         Cash                                    Stock
                     ---------                                ---------
Ending Balances:      ($64.60)                                 $310.80

We had one returning member this month (jshafer).  We are currently at 93 
members, 81 of whom are paid through at least July 15th.  (The others expired 
recently and are in a grace period.) 

A couple of notes:

- Our phone bill would have been $352.71 this month, but because of the large 
refund of state taxes we paid, we didn't have to pay Ameritech anything again 
this month.  Currently we have a $264.90 credit with them. 

- Scott measured our power consumption again, and since the installation of 
the UPS we are drawing 7.5 amps (down from 8.9), so I've adjusted our 
electricity payment accordingly:

   power = 7.5 amps * 115 volts = 862.5 watts = .8625 kilowatts
   energy/month = .8625 kw * 730.5 hours/month = 630.05625 kwh/month
   $/month = 630.05625 kwh/month * $.0995/kwh = $62.69

- We're in the black for the 7th month in a row.  I think this is the largest 
the Grex bank balance has ever been.

Thanks to everyone who contributed in June:

bruin, coyote, dargon, dpc, dpfitzen, durrett, headdoc, jmm, jshafer, krj, 
misha, mta, quail, remmers, satindra, valerie, and wh.

Thanks everyone!

If you or your institution would like to become a member of Grex, it only
costs $6/month or $60/year.  Send money to:

Cyberspace Communications
P. O. Box 4432
Ann Arbor, MI 48106-4432

If you pay by cash or money order, please include a photocopy of some form
of ID.  I can't add you to the rolls without ID.  (If you pay by personal
check, we consider that a good enough ID.)  Type !support for more info.