Post on 17-Jan-2016
August 12-13 San Antonio, Texas2015 Annual Business Meeting
IFTA, Inc. Financial Report
Amanda KoellerComptroller/Treasurer
- Budget Highlights
- Financial Position
- FN Update- CH Update
BUDGET HIGHLIGHTS
FYE15 FYE16
Revenue $ 1,030,716 $ 1,030,716
Expenses
Staffing $ 635,661 $ 649,185
Professional Services
$ 42,400 $ 47,750
Office $ 50,950 $ 55,812
Property $ 30,450 $ 43,047
Travel $ 140,700 $ 135,748
Net Income $ 130,555.00 $ 99,174
5%
0%
41%
21%
33%
Financial Position - Est. FYE16
Operations Rentals Portfolio
Money Market Building
JPM INVESTMENT PORTFOLIO SNAPSHOT(THOUSANDS)
Portfolio = $1,047,069Investment = $869,092
2010 2011 2012 2013 2014$300
$310
$320
$330
$340
$350
$360
$370
$380
USD and CAD $ in Millions processed
51 Participants
$368MM
52 Participant
s$352MM
The FN Years In Review…
50 Participants$362MM
47 Participants$328MM
53 Participants$364MM
Today…
MB
FUNDS NETTING RADAR
OKLAHOMA
QUEBECALBERTA
NEWFOUNDLAND LABRADOR
Everyone is on the Radar!!
• 10,191,705 Lines of Transmittal Details Posted
• $378,238,264.21 =Total Due Field.
• 8,606,472 Original Returns Entered
• 7,677 IARs posted
CLEARINGHOUSE INFORMATION AND UPDATE:BY Jason Degraf
GOALS :
• Share more data with Law Enforcement.
• Increased use of the Carrier Lookup page
• Develop Apps for Law Enforcement Carrier Lookups.
• Share demographic data
• Update Contacts, add new Clearinghouse Users and Delete Old on www.iftach.org
• Create a bulk email if you haven’t: IFTAFundsNetting@state.gov
• Communicate any banking processing changes to IFTA, Inc.,
• Communicate our Calendars to relevant staff.
HOUSEKEEPING