Luncheon Meeting
|
29 Jun 2016 |
||
Rotary Club of Richmond
|
||
|
Last Meeting of this Rotary Year
The new Rotary year will start on July 1, so this will be the last meeting of this Rotary year. Does it sound confusing, why the Rotary year begins 1 July?
The term "Rotary year" has been used to signify Rotary's annual administrative period since at least 1913. At the August 1912 meeting, the Board of Directors ordered an audit of the International Association of Rotary Clubs' finances. The auditors recommended that the organization end its fiscal year on 30 June to give the secretary and treasurer time to prepare a financial statement for the convention and board, and determine the proper number of club delegates to the convention. The executive committee concurred, and at its April 1913 meeting, designated 30 June as the end of the fiscal year. Read more
Rotary Club of Richmond