BALANCE ON HAND »(10/1/97)	$16,558.38
INCOME »Exchange of Duplicates Subscriptions	$ 900.00
EXPENSES »None posted as of 4/1/98
BALANCE ON HAND	$17,458.38
ENCUMBRANCES
»Ballot Expenses	383.54
»Telephone Line for KZ/JZ Workshop	200.00
»Pamphlets for KZ/JZ Workshop	360.00
»TS-SIS Table - Exhibit Area	150.00
»Giveaways for TS-SIS Table	50.00
»Estimated TS-SIS Share of TSLL Vol. 23 Expenses to Date	2,153.14
»Estimated TSLL Share of TSLL Vol. 23 Office and Supply Costs	176.00
»Total Encumbrances	3,472.68
PROJECTED BALANCE ON HAND AS OF JULY 1, 1998	$13,985.70

Membership

In September, 1997 we received a total dues credit of $3,504 which represented $6 for each of the 584 members of the TS-SIS. The mailing list supplied to me for the recent election had 604 names on it. Hopefully, we will have at least that number of members by September 30th when we will receive the next adjustment for our portion of AALL membership dues.

Election Results

The election for the 1997/1998 Executive Board officers was conducted by mail ballot. 604 Ballots with accompanying biographical information and statements by the candidates were mailed to members the week of April 13th, 1998. 223 ballots were returned by the deadline of May 20th giving a 37 % return rate.

Vice/Chair/Chair Elect -- Janet McKinney
Secretary /Treasurer -- Linda Tesar
Member-at-Large -- JoAnn Hounshell

Financial Status

We started the beginning of the AALL fiscal year with $16,558.38. From October 1, 1997 - April 1, 1998, our income has consisted of $900.00 - $30 from each of the 30 paid up subscribers to The Exchange of Duplicates program.

As of April 1, 1998 no expenses were debited against our account by AALL Headquarters. This is unusual compared to previous years when we have incurred expenses such as printing and postage costs for the duplicate exchange program and photocopy, fax, telephone and postage charges for members conducting TS-SIS business and seeking reimbursement for such expenses from our funds.

My report shows expected expenses under "Encumbrances". Such expenses include the printing, envelopes, labels and mailing expenses associated with our recent election, the TS-SIS share of printing, and mailing Technical Services Law Librarian. Our TSLL share of the expenses will be finalized by the end of the AALL fiscal year. Expenses associated with the Anaheim meeting include the provision of a telephone line and materials to enhance the KZ/JZ presentation, and expenses associated with providing the TS-SIS table in the exhibit area.