SJAA 2007 year end statement

Most of our money has been moved into higher interest bearing CD accounts. The plan was to have four 1-year CDs, spaced so they mature at three month intervals. The fourth CD has been purchased. From now on, excess monies in the checking (general) account will simply be added to these existing CDs as each matures.

Last year these CDs earned $910.84 in interest, this year I expect it will be around $1100. Eventually I’d like to see these completely pay for our liability insurance premium.

If anyone would like a more detailed report, let me know.

This report was prepared without audit from the financial records of the SJAA.