2019 Third Quarter SAICO Budget Results

Literature Sales: As anticipated, the Fellowship is showing signs of filling its Step into Action and Real Connection book inventory. The strong initial sales could boost 2019 Net Literature sales to $75,000 compared to the $60,000 budget.

Fellowship Contributions: Third quarter Fellowship contributions were $67,904 (29%) to the good over budget. A portion of the increase was from the generous Seattle convention seventh tradition collections ($8,397).

Expenses: A cursory review of SAICO expenses to date indicates expenses are in line with the approved budget. It was observed that $5,970 has been spent on legal fees related to trademark renewals.

Summary: The third quarter good news will help lower the approved budget deficit ($35,000).