SCAR XXXV Paper 49: Finance Report Popular

SCAR XXXV Delegates Meeting, Davos, Switzerland, 25-26 June 2018

SCAR XXXV Paper 49: Finance Report

Agenda Item: 13.1.

Person Responsible:  J. Simões & E. Griffin

Executive Summary 

Authors

Jefferson Simões and Eoghan Griffin

Summary

An investment portfolio of USD$ 300,000 has been established, new Secretariat salary scales introduced and plans for increased Secretariat staffing levels established. These changes are reflected in the balance between the core spending areas as a fraction of the overall budgets for 2019 and 2020, which maintain spending on Scientific activities at 2018 levels.

Recommendation

SCAR Delegates to note financial statements and future budgets and comment/ make suggestions as appropriate. SCAR Delegates to note new simplified national contribution levels and new secretariat remuneration policy and comment/ make suggestions as appropriate.