August 29, 2002
AALL will mail ballots to all members tomorrow so that they can vote on the Executive Board proposal to raise membership dues.
If approved by the membership, the dues increase would be phased in over three years. Dues would rise from the current annual amount of $145 to $160 in June 2003; to $175 in June 2004; and finally to $190 in June 2005.
At its November 2001 meeting, the Executive Board approved the dues increase proposal in order to combat declining revenues and provide a more stable financial foundation for AALL. AALL membership dues are the steadiest and most predictable source of income, yet it currently generates only 22 percent of the Association's yearly revenue; in 1982, dues comprised 33 percent of AALL's income. About one-third of AALL's annual revenue -- almost $1 million a year -- is derived from vendors and other outside entities, but that income is not guaranteed each year. And in the current economic climate, it is not feasible to rely on the stock market to fund new initiatives.
"Our dues revenue is shrinking as a percentage of overall revenues, yet it is the most reliable source of revenue on which we can depend," President Carol Avery Nicholson said. "This modest increase proposal will provide a stronger base of support for AALL and its members."
The ballots must be received at AALL Headquarters by Sept. 30. On Oct. 2, the results will be tabulated by the Chicago Association of Law Libraries and announced immediately thereafter.