Below is the financial report from September 30, 2012 to October 30, 2013 submitted by Virgie L. Barraquio (Batch ’68), Treasurer of the UP Varrons Alumni Association (UPVAA) and audited by the UPVAA Auditor Frank Cortes (Batch ’63).

As of October 30, 2013
A. Cash in bank (September 30, 2012) Php 123,577.57
B. Cash on hand (September 30, 2012) Php 2,603.64
C. CASH IN (Itemized below) Php 61,756.87
Bank interests (Sept. 30, 2012 to October 30, 2013 571.27
Advertisement 2,500.00
Donation for Tree Planting (by Anonymous) 10,200.00
Donation for the Leadership Training (VOLTS)
D. Belleza  1,000.00
Anonymous  3,982.35
Anonymous  2,000.25
Other Donations
Lilian Macam and Lino Blanche  11,000.00
Bert Alaban Jr.  3,500.00
Noli Bernal, Vee Cardenas-Battad, Cherry Villegas-Padilla  11,603.00
Membership Fees (Life)
A.K. Raymundo  1,000.00
V. Barraquio  1,000.00
G. Encarnacion  1,000.00
Mae Llanza  1,000.00
Bonnie Pasion  1,000.00
From US-based members  10,000.00
Membership Fees (Annual)
P. Lapitan  100.00
Mae Macariola  100.00
Ramil Alcala  100.00
Carla Carino-Onza  100.00
Total Cash (A + B + C) Php 187,938.08
D. Cash Out (Expenses, itemized below)  Php 83,870.85
Taxes 114.25
Payment to Land Grant (for Tree Planting) 50,000.00
Statement of Account 400.00
Tree Planting Expenses 5,000.00
Meetings Expenses 7,334.00
T-Shirts 4,550.00
Tarpaulin 850.00
Pins 750.00
Year-ender venue 1,000.00
Flowers and mass card 3,390.00
Leadership Training (VOLTS) Expenses 
[ba-button link=”http://upvarrons.org/wp_tudla/?p=7896″ color=”blue” target=”blank”]VOLTS[/ba-button]
 10,482.60
Total Cash Less Expenses Php 104,067.23
E. Credits Php 31,872.00
Excess from Land Grant Payment 30,000.00
Excess from Tree Planting 1,672.00
Excess from lunch with C.V. Padilla 200.00
Cash Balance (as of October 28, 2013) Php 135,939.23
Cash in bank 134,989.19
Cash on hand 950.04