IN COME

US Dollars

budgeted

US$

As of 8/15/05

Projected

Income/Expenses

Membership Dues *(3% increase = 1850 Euros/share * 205 shares = 380,000 Euros = ~ $450,000

430,000

293,964

430,000

UNESCO-ICSU

Bank Interest

20,000

19,752

26,000

TOTAL INCOME

450,000

313,716

456,000

EXPENDITURES

Conferences (7.8% increase)

138,000

134,000

138,000

Conference Travel Grants (10% increase)

56,000

47,000

56,000

ICTP for Publications for Devel. Countries

5,000

5,000

ICPE Newsletter

3,000

3,000

3,000

Commissions (incl. $10,000 for C13)

20,000

6,357

12,000

Council & Commission Chairs Meetings

45,000

60,000

Inter-Union

Working Groups

ICFA

Communication in Physics

Women in Physics

Facilities for Condensed Matter Physics

PANAGIC

Energy

30,000

16,875

25,000

General Assembly

25,000

8,703

40,000

World Year of Physics

52,000

23,459

52,000

Newsletters/Reports (includes General Report)

1,500

1,500

Subscriptions

ICSU

ICSTI

15,000

650

16,736

1,623

16,736

1,623

Secretariat

College Park, MD (increased for GA work)

Paris, France

47,000

4,000

35,804

47,000

5,500

Banking and Accounting

12,000

8,018

12,000

Liability Insurance

1,850

1,800

1,800

Contingency Fund

10,000

TOTAL EXPENDITURES

466,000

303,375

477,159

Surplus/Deficit anticipated

(16,000)

(21,159)