Treasurers Report

Welcome to The Flagler County Rams

Runway size 60' x 550'

RAMS 2012 Budget Details

Club Description

Our Club is a nonprofit Corporation registered in the State of Florida, and we submit an annual report and file it with the Secretary of State and pay the recording fee every year. Our income is primarily the dues we pay, plus 50/50 drawings, and donations.  Our Flying activities are governed by the Academy of Model Aeronautics, (AMA) which provides rules, regulations, and insurance protection for accidents that may be caused by our remote control aircraft.

All of us who fly at the field must be members of AMA, in good standing, and pay annual dues to the RAMS Club. The club operates according to by-laws and safety rules that must be approved by AMA. Each year we pay to renew our charter, and an extra fee to allow prospective new members to fly without being an AMA member, and record each occurrence. The AMA website contains all the various details and benefits, including a roster for our club which is AMA #2047. This roster contains only Names, AMA Number and Expiration date of membership.  It is posted at the field so that we identify those who are current members.  The Club uses a P.O. Box in Palm Coast as the official address, and maintains a banking account to pay and record our expenditures.

 

Basic Operating Goals

• 1.Safe operations, and a knowledgeable membership are high priority, and any unsafe activities must be reported. We will make every effort to maintain a safe place to fly, and spend adequate time to train new pilots in proper operations. 
  

• 2.We intend to be a credit to our community and attract new members. We support this goal by holding special events and Fly In picnics at least twice annually.
  

• 3. We are obligated to maintain and improve our facility, and operate it to the satisfaction of our County landlords.  Over the years, we have invested significant amounts of money, and a large amount of “sweat equity” to build our flying field facility. We intend to keep the facility as long as possible, and keep it in top condition.
  

• 4.We must operate our club according to the rules for an AMA Chartered flying facility. To that end we will make sure that those who fly here are paid up AMA and RAMS Club members. We will hold monthly meetings, and provide information on the RAMS website for the information our members.
  

• 5.We will maintain the status of the RAMS club as a non- profit corporation registered with the State of Florida. The club maintains a P.O Box for correspondence and a checking account at the Wachovia/Wels Fargo Bank in Palm Coast.
  

• 6.These goals and functions are the basis for allocating income to meet necessary expenses. The 2011 annual budget, with the approval of our membership, will provide funds in support of our objectives. These expenditures are controlled by budget allocation, and recorded as such.  Expenditures are approved by the Club president of the club, and are recorded for auditing at the end of the year. Monthly reports for income and expenses are made at each regular meeting, and the report is approved by a vote of those present representing a quorum. The monthly budget report will be  posted on the Club website, at www.flaglerrams.com
  

Budget Details

INCOME:  Current bank balance plus projected membership fees is estimated to total ….…$12,000.00

Expense Budget Items:

MAINTENANCE:  Lawn care; chemical toilet; painting; repairs; building maintenance.................…..… .$3,200.00

ADMINISTRATIVE:  AMA & Corporate fees; PO Box rental; Website, and bank charges…............…….. $450.00

SPECIAL EVENTS: Fly-ins; Sunshine Club; and community activities ...…………………….............…. $1,850.00

PURCHASE NEW LAWN SEEDER UNIT  ……………………………………...….….............................      $350.00

BUILD ADDITIONAL BRIDGE CROSSING FROM LOWER PARKING LOT; INSTALL CRUSHED SHELL PAVING FOR UPPER DECK ACCESS ROAD; AND TREAT SHED FOR TERMITES ......... ...............$ 4,150.00

RUNWAY REPLACEMENT RESERVE FUND ...……………………………………….……......……...... $2,000.00

Total projection expenses..………………………………………………………………………………$12,000.00

For the Feb. budget report in PDF format click on the button on right.

Adobe PDF can be downloaded from our front page if you don't have it.

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