Unfortunately, I will not be able to attend the banquet/annual meeting on Sunday, November 15th.  Attached are up-to-date P&L and Balance Sheet reports.  I believe all 2015 expenses have been paid except for the closeout of the Fall Banquet expense.  The P&L shows a net profit of $2,620.02 which will be applied to the Fall Banquet bakance.  We have  $13,687.84 in our checking account, $5,083.70 of which is earmarked for future capital expenditures..

 The health of our treasury is sound.  The Admiralty audited our accounts on October 5, 2015.

Tom Smith
NSC Treasurer