Carol Ann Waite
The 2015 budget year saw income of $222,625.24. Expenses for the same year were $62,966.81. As a result, Local 244’s contingency account - GIC investments - increased by 16.3% from $1,075,000 end-of-year 2014 to $1,250,000 end-of-year 2015.
The 2016 budget was passed at the General Meetings held at the Davis, HMC and Trafalgar campuses on January 18, 2016. Projected income is estimated to be $210,000 given adjustments will have to be made to individual areas, and GICs matured without renewal as we are preparing for contract negotiations.