Financial Report (L50)

Section and Council Treasurers are responsible for submitting the 2007 financial report for their Unit, and any subunits (Subsection, Technical Chapters and/or Affinity Groups), by 22 February 2008.   Units submitting reports later than 31 March 2008 will not receive rebate payment for 2007 activity.   If the Section or Council is unable to obtain financial records from a subunit, it may opt to submit a statement that the subunit has failed to submit a timely financial report and waive its right to a rebate for that particular subunit.  Delinquent subunits may be subject to probation or even dissolution.

If all reports are submitted or postmarked by the February deadline, your Unit will earn an additional 10% bonus to the total rebate.  However, if the information submitted is not complete or contains errors, and if corrections are not submitted within 60 days of a written request, the 10% bonus will be forfeited. The written request provided by IEEE will clearly state what action is expected, the date by which it must be submitted and the consequence if not submitted.