SWSD 2013 Program Handbook November 2013 | Page 89

Article VII. Finance
Section 1:

General

A.

Fiscal Year: the Fiscal Year for the Chapter begins June 1st and ends May 31st.

B.

All Members must be Financial or be subject to Involuntary Termination.

C.

All Members must financially support Foundation (see the SWSDRCP).

D.

Chapter Finances
1.

A financial statement for the period of June 1st through May 31st
shall be submitted by the Chapter on a form provided by the
National Treasurer not later than June 30th of each year. This
statement must be prepared and signed by the designated officers of
the period June 1st through May 31st of the preceding Fiscal Year.

2.

Delinquent reports will be subject to the approved fine (as
prescribed by the National Organization).

Section 2.

National Per Capita Tax

A.

The National Organization shall be financed by a National per capita tax and other
fees assessed to each Member of the Organization. The amount is to be established
by the National budget committee.

B.

A per capita tax shall be levied on each Member to defray expenses of the
Corporation for the current year. Per capita taxes shall be paid by the Chapter in one
lump sum by certified check, cashier's check or money order to the National
Treasurer not later than September 30th.
1.
2.

A list of members in the Chapter and the names and ages of children 13-19
years of age shall accompany the per capita tax report.

3.

C.

The per capita tax for all new members shall be paid to the National
Treasurer not later than September 30th..

A fine, recommended by the national budget committee and approved by the
voting delegates, shall accompany all delinquent per capita tax reports,
financial statements and other assessments.

In a case where a member is deceased and the Child(ren) is/are affiliated, the annual
National per capita taxes must be paid.

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