April, 2000 
SCAMIT Newsletter 
Vol. 18, No.12 
SCAMIT TREASURY SUMMARY, 1999-2000 
During the past fiscal year, April 1999 though March 2000, expenses totaled $1101.85. The 
major expenses covered publishing costs for producing the newsletter, $1,599.10 for hard copies 
(including printing, postage, and supplies) and $299.40 for online publishing, approximately 33% 
less than the 1998-99 fiscal year. The savings account was closed in May in order to open a 
money market account and a certificate of deposit account. This change substantially increased 
SCAMIT’s interest earnings, this year $626.20 of which $552.09 came from the CD. 
SCAMIT accepted a contract from SCCWRP to perform identifications on specialty groups for 
the Bight’98 project with the purpose of SCAMIT arranging subcontracts for the work. A 50% 
deposit was received in the amount of $8,866.50. Two subcontracts were given; Larry Lovell 
($6,187.50) for Lumbrinerids and Euclyminids and John Ljubenkov ($2,679.00) for Edwardsiids 
and Ceriantherids. Grants and workshops will continue to be funded from the money collected 
for creating the Taxonomic Listing for SCCWRP during the 1994-95 fiscal year. 
The following is a summary of the expenses and income: 
Expenses 
Newsletter $1,599.10 
Online publishing $299.40 
Publications $0.00 
Grants $0.00 
Miscellaneous $309.11 
Contract awards $8,866.50 
Total $11074.11 
Income 
Dues $2,085.00 
Interest $626.20 
T-Shirts and miscellaneous $0.00 
Donations $0.00 
Contract $8,866.50 
Total $11,258.08 
Account balances (March 31,2000) 
Checking $195.58 
Savings $0.00 
Money Market $3,461.95 
Certificate of Deposit $8,552.09 
Total $11,882.77 
