[Imc-finance] global account update

[Sascha Meinrath]

Hi all,

On Thu, 4 Sep 2003, Sheri Herndon wrote:

> hi sascha,
> 
> can you give the list a status report on how much funds we have in the
> global account at this moment?  we've got 3 proposals on the table more
> or less and i think it's difficult to even consider these proposals
> unless we have an idea of how much money there is left (remember that we
> don't have a plan or strategy or agreement about how to continue to
> raise money for network things):

As of July 31, 2003 (when the UCIMC's accounts were last reconciled), the
Global Indymedia Network had $20,796.85 in its accounts.  I believe there
is still one (and perhaps two) disbursement(s) that I'm waiting on contact
information to make; and there is about $267 in global funds (R$797,04)  
being held in Brasil.  Overall, the UCIMC has disbursed $20,835.65 in
funding to over a dozen projects.

Let me know if there are any questions, if folks would like a more 
detailed breakdown of the funding, etc.

In solidarity,

--Sascha Meinrath
Treasurer
Urbana-Champaign IMC