CCN began the year with $12,860 and ended with $37,785. The revenue came from membership, information provider and other donations, a grant/contract with Industry Canada to develop the CSuite software, and government student employment subsidies. CCN also benefitted from hosting the Telecommunities Canada '97 Conference.
Most of the expenditures relate to the strategic operation of the CCN node. These include office staff, ISP network charges and telephone lines to support 72 dial up modems. Substantial savings in expenditures were realized by the contribution of office and computer space and accounting administration by Dalhousie University as well as thousands of hours of unpaid professional support by a critical core of individuals plus hundreds of other devoted volunteers. CCN operates through its newly twinned computers, but its heart and soul are its dedicated volunteers.
Programming expenditures were associated with CSuite software development. During the year, a workers cooperative, Csuite Networking Limited, was formed and the management of a portion of Industry Canada's contract tasks and associated funds transferred. The 1998 budget forecasts conservatively that we will receive some $76,000 in revenue from memberships and donations. Through the work of a new fund raising coordinator and associated volunteers, it is expected that revenues will be significantly above this.
Some $7,000 has been budgeted for additional modems and related network upgrades to accommodate this.
| Prev Balance: | 12859.56 |
| Revenue: | |
| Memb/IP donations | 81138.33 |
| NSGov/student empl | 21379.96 |
| Industry Canada | 99180.00 |
| Bank Interest | 438.40 |
| TC97 | 15988.91 |
| SubTotal | 218125.60 |
| Expenses: | |
| Office Staff | 18450.64 |
| Programmers | 85753.95 |
| RevCanada | 4377.56 |
| Office Expenses | 560.83 |
| Dal Acct Payment | 59500.00 |
| Direct INet Pay | 715.12 |
| Publicity CS 1.0 | 1032.56 |
| Legal fees | 988.60 |
| Ret'd Chqs | 537.00 |
| Bank Charges | 83.28 |
| Mile#6 Rev to CS | 21200.00 |
| SubTotal | 193199.54 |
| Revenue-Expenses | 24926.06 |
| Balance | 37785.62 |
| Dal Account: | |
| Donation 1000.00 | |
| Unpaid from '96 | 1864.37 |
| Hardware/Service | 9399.17 |
| INet Connection | 15563.16 |
| Modem lines | 31198.69 |
| Tel/Fax/LDist | 664.28 |
| Printing/Photocopy | 458.98 |
| Courier | 335.07 |
| Subtotal | 59483.72 |
| Dal Acct Balance | 1016.28 |
| Chebucto Community Net Society | |
| 1998 Budget | |
| Prev Balance: | 37785.00 |
| Revenue: | |
| Memb/IP donations | 60000.00 |
| Info Providers | 10000.00 |
| Other Donations | 6000.00 |
| Student Subsidy | 3200.00 |
| Bank Interest | 240.00 |
| SubTotal | 79440.00 |
| Expenses: | |
| Staff: | |
| Office Manager | 15090.00 |
| Benefits (RevCan) | 5030.00 |
| IP Marketing Contr | 20000.00 |
| Student Salary | 5120.00 |
| Office Expenses | 750.00 |
| Ret'd Chqs | 600.00 |
| Bank Charges | 75.00 |
| Telecoms (DalAct) | 56920.00 |
| SubTotal | 103585.00 |
| Revenue-Expenses | - 24145.00 |
| Balance | 13640.00 |
| Telecoms (DalAct) | |
| Prev Balance | 1000.00 |
| Additional Modems | 7000.00 |
| INet Connection | 14400.00 |
| Modem lines | 33600.00 |
| Tel/Fax/LDist | 1200.00 |
| Printing/Photocopy | 420.00 |
| Courier | 300.00 |
| Subtotal | 56920.00 |
| Dal Acct Balance | 1000.00 |