Cash Reserve Growth
Internal Goal
Goal: Increase the Chamber’s cash reserves until they equal one year of operational expenses
Background: The Chamber’s cash reserves are currently less than 3 months of operational expenses. For emergencies, the Chamber has a line of credit with a local bank.
Measurements:
Year 1 – Based on the budgeted income for FY 2011, the goal for September 30, 2011 is to increase Cash and Investments by $1,240.
Year 3 – For each of the next 2 fiscal years, the goal is to increase Cash and Investments by $10,000 per year.
Year 5 – For each of the following 2 fiscal years, the goal is to increase Cash and Investments by $20,000 per year.
Source Data: Annual audited financial statements of the Chamber. | 
