USAG Region I

Financial Statement

July 1, 2006 to June 30, 2007

Beginning Balance

$47,125.09

INCOME

     Membership Rebates

$38,277.00

     Region 1 Congress

$7,000.00

     State Meet Rebates

$7,633.50

     TOPS/Elite

$6,730.00

     JO Camps

$32,700.00

     Sale of Apparel

$6,930.00

     Nat'l/West Entry Fees

$8,900.00

     Miscellaneous

$2,480.00

     Interest

$40.11

                                            Income

$110,690.61

EXPENSES

     Membership Rebates to States

$19,933.17

     Elite

$3,865.84

     JO Apparel

$41,629.24

     JO Camp Expenses

$21,957.80

     Office Expense/Website

$2,921.73

     Senior Gifts

$915.70

     Board Travel

$4,144.02

     Natl's/West Entries

$8,900.00

     Regional Banner

$280.69

     Congress/Judges Clinic

$343.90

     Bank Fees

$115.64

                                         Expenses

$105,007.73

Ending Balance

$52,807.97