August 12-13 San Antonio, Texas2015 Annual Business Meeting

IFTA, Inc. Financial Report

Amanda KoellerComptroller/Treasurer

- Budget Highlights

- Financial Position

- FN Update- CH Update

BUDGET HIGHLIGHTS

FYE15 FYE16

Revenue $ 1,030,716 $ 1,030,716

Expenses

Staffing $ 635,661 $ 649,185

Professional Services

$ 42,400 $ 47,750

Office $ 50,950 $ 55,812

Property $ 30,450 $ 43,047

Travel $ 140,700 $ 135,748

Net Income $ 130,555.00 $ 99,174

5%

0%

41%

21%

33%

Financial Position - Est. FYE16

Operations Rentals Portfolio

Money Market Building

JPM INVESTMENT PORTFOLIO SNAPSHOT(THOUSANDS)

Portfolio = $1,047,069Investment = $869,092

2010 2011 2012 2013 2014$300

$310

$320

$330

$340

$350

$360

$370

$380

USD and CAD $ in Millions processed

51 Participants

$368MM

52 Participant

s$352MM

The FN Years In Review…

50 Participants$362MM

47 Participants$328MM

53 Participants$364MM

Today…

MB

FUNDS NETTING RADAR

OKLAHOMA

QUEBECALBERTA

NEWFOUNDLAND LABRADOR

Everyone is on the Radar!!

• 10,191,705 Lines of Transmittal Details Posted

• $378,238,264.21 =Total Due Field.

• 8,606,472 Original Returns Entered

• 7,677 IARs posted

CLEARINGHOUSE INFORMATION AND UPDATE:BY Jason Degraf

GOALS :

• Share more data with Law Enforcement.

• Increased use of the Carrier Lookup page

• Develop Apps for Law Enforcement Carrier Lookups.

• Share demographic data

• Update Contacts, add new Clearinghouse Users and Delete Old on www.iftach.org

• Create a bulk email if you haven’t: IFTAFundsNetting@state.gov

• Communicate any banking processing changes to IFTA, Inc.,

• Communicate our Calendars to relevant staff.

HOUSEKEEPING