Special Meeting to Change WREN Fiscal Year

  • 06/18/2018
  • 5:30 PM - 6:00 PM
  • WREN Basement Classroom

WREN has called a special meeting of the membership to change our fiscal year. Currently, our fiscal year runs from January 1 to December 31. We propose that it be changed to run from July 1 to June 30. 

Changing the fiscal year has two advantages for WREN:

  • A July 1 to June 30 fiscal year aligns to the funding cycle for most of WREN's revenues from grant sources, so it allows WREN to budget for the year with more information and makes reporting to our funders easier.
  • A July 1 to June 30 fiscal year minimizes WREN's costs for outside accountants, since we are not competing for their time with businesses and individuals who must complete their tax returns by April 15.
The change of fiscal year will be the sole item on the agenda for this meeting. 

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