Enclosed is the report of the CFO for the upcoming Board meeting, including the financial reports. For the first time, it also includes reports from all the Headquarters operational groups. We chose to do this so that the CEO's report could focus on the top level issues and objectives. Please let us know if you have any questions prior to your arrival. Travel safely. 73, Barry J. Shelley, N1VXY Chief Financial Officer ARRL, Inc. The National Association for Amateur Radio (860) 594-0212 www.arrl.org