Carl Hunt, PhD, PAS, Dipl ACAN, ARPAS

Our organization continues to do quite well financially. We have reached the point in our fiscal year when we are beginning to receive new revenues from 2010 dues. The good news is that we reached this point of the year without dipping into our reserves—a good sign that ARPAS is living within its means. The last financial reports, dated September 31, indicate that we are on pace with all major budgeted revenues and expenditures. Also, as you might expect, unrealized investment gains of our equity investments have begun a rebound from the recent downturn in financial markets. Look for a more detailed report in the January newsletter, but until then, be assured that all is well with ARPAS finances!