treasurer’s report
by Heather Ward
T
he first six months of the year have been completed and our loss
for that period is about $2,700 more than the same period in
2015. While this is close comparing the two years, we had in
fact budgeted for additional revenues to have been achieved and are
about $19,000 behind that budget amount. The key financial impact
items have been and continue to be registrations, membership, and
our Miniature Horse World magazine.
Our registrations have been modestly up over the first five months,
however in June we were down from the prior year and overall we are
behind by about 5%. Hopefully this is just temporary and we will see
some more positive results in the last half of the year from things like
the Hardship Program, the Amnesty Program and Non-Member fees.
Our Miniature Horse World magazine like other publications has declined in net revenues over the past several years and is currently down
about $9,800 from budget. There are several proposals being considered at the July Board of Directors meeting and we hope we will be
able to reverse the trend this year. As well, the new Digital version of
Miniature Horse World is available and very affordable and we would
encourage you to contact Melissa at the office to discuss the options.
The Hardship program for AMHR permanent registered 60 month
and older horses is starting to be utilized but much more slowly than
was anticipated in the current budget. There have been some applications processed at local shows where the required measuring and
inspections were available and we hope to see many more at the Regional shows as well as at the World show. The application form is on
our website and is quite straight forward, however if you are having
any difficulties, please contact the registration department at AMHA
and/or your regional Director as there are many people out there who
are more than willing to help facilitate this process.
The current Amnesty Program will be in place until the end of 2016
and it allows horses that have had their registration revoked to be
brought from Temporary to Permanent without the owner being penalized. A coupon is on the website so please take advantage of this
opportunity to bring your horses current and pass on the information
to others as well. Also, the new Work Order outlines non-member
fees that are available in order that sold horses can continue to be registered for temporary to permanent, new ownership, and stallion to
gelding. We are hoping that this will bring the registry more current
as well as avoid a horse’s registration eventually becoming revoked.
Enjoy the summer with your horses, help support your local shows by
showing or volunteering and hope to see many of you at the Championship Shows coming soon.
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