Market performance in September and the Fed rate cut in the middle of the month were both very good news for ALA’s long-term investment portfolio.  At the close of business on September 29, the unaudited value of ALA’s long-term investments stood at $31,432,147.  This number eclipses the previous high recorded on May 31, 2007 by $574,921.  The endowment’s value had dropped below $30,000,00 at the end of July.  This is a very nice turn around indeed!

Categories: Uncategorized
1 Comment »

On the attachment, please find a summary of Annual Conference revenues and expenses and a table showing net Annual and Midwinter Conference Revenues for the past 11 years. Annual Conference Revenues and Expenses

Categories: Uncategorized
No Comments »

Categories: Uncategorized
No Comments »

Welcome to the ALA Treasurer’s Online Forum.  I will use this site to try to keep interested members informed about ALA financial matters throughout the year.  I welcome your input, so please let me know about financial topics of interest to you.

Categories: Uncategorized
No Comments »