At our Annual Membership Meeting this Friday 11/15 (6:00 p.m.) we will discuss the state of the club including an update on the financial condition of the club. The club is financially healthy and our results for the year are essentially projected to be net neutral; to assist in keeping it this way in future, the CYC board has decided to adjust the membership fee from $38.50 per month to $39.50 per month for adult (family) memberships age 30-69 (or from $462 to $474 per year). This represents a 2.6% increase and is expected to be just lower than inflation. The change will take effect 1/1/2020. The change does not impact other membership groups.
I will be paying my dues annually by check as this saves the club about 3% in credit card fees. If you do choose to pay yearly, you may pay either via check or via our webpage with your credit card. Look for information from the office on how to manage payment.
To learn more about the state of the club I encourage you all to join me at Annual Membership Meeting. Find the event page here: https://cycseattle.org/event-3586013 . Please register, join me and vote. If you cannot make it this Friday, please visit the same web page address above, where you will find a printable ballot and instructions for voting.
Thank you for your support of CYC’s mission.
Corinthian Yacht Club of Seattle