SSCS

1

• SSCS
• Treasurers Report
• August 29th, 2005
• Rakesh Kumar

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Agenda

• 2004 Financials Recap
• 2005 Outlook
• 2006 Budget
• 2007 Outlook
• Reserves Trend
• Incremental 2006 Funds

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2004 Financials Recap Net Surplus (Deficit)

• Our Net Surplus FAR EXCEEDED expectations

JSSC Page Count Up ASPP Hits Up
Revenue Up, Exp Down Book Broker Up
Expenses Down
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2005 Outlook is Favorable

• 100k Net Surplus over-budget from ISSCC already
  received.
• Monthly updates to the budget, do not provide a
  realistic snapshot of annual trend.
• We have not observed any unusual expenditures or
  trends
• JSSC continues to be the most downloaded Xplore
  journal
• IEEE algorithms to calculate allocated Revenue
  for SSCS continue to be favorable

5
2006 Budget Net Surplus (Deficit)

• New algorithms for allocating ASPP and IEL
  Revenue are helping SSCS because of Usage/Number
  of Hits
• Periodicals Net is now higher than Conference
  Net

6

2006 Budget - Some Observations

• The 2006 Budget proposed by IEEE staff has been
  refined by ONeill and Kumar.
• The Budget now reflects inclusions from February
  AdCom Meeting
• 20 Member JSSC Subscription rate
• 675 Non Member JSSC Subscription rate
• 2700 JSSC pages
• Conference Nets are based on 2006 ISSCC Budget
  submission (330K) and historical estimates for
  CICC (10K) and VLSI Symposium (3K). Also
  includes 3.5K for A-SSCC.
• IEEE projections for ASPP, IEL etc and
  Infrastructure charges are used.
• We have added approximately 134K of expense
  items as place-holders. We see this as an
  opportunity to add in programs to boost our
  membership and our service to members. The
  specifics of the programs need to be reviewed and
  approved by AdCom in August. The specific line
  items can be adjusted/removed at a later date.
  Ones we have added are
• 40K for two additional XELL modules (Ken Yang)
• 25K for Distinguished Lecturer Program (Ken
  Yang)..10K increase from 2005.
• 7K for Electronic Balloting
• 10K for Career Guide
• 12K for Chapter Chairs from 4 Developing
  economies to Travel to ISSCC
• 40K for Graduate Fellowship awards
• We have increased the Executive Office Expense by
  17K over IEEEs projection to allow hiring and
  Training of a more senior assistant to support
  Anne .

7

2007 Outlook

• Comments from Dave Hodges, IEEE Finance Committee
• Further Increase in SSCS Revenue is to be
  expected

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Reserves Trend
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Financial Implications of Todays Votes
29-Aug-2005
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Appendix
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Financial Implications of Todays Votes
29-Aug-2005

• 40K for two additional XELL modules (Ken Yang,
  Education Chair)
• 25K for Distinguished Lecturer Program (Ken
  Yang)..10K increase from 2005.
• 7K for Electronic Balloting (Charlie Sodini,
  Nominations Chair)
• 10K for Career Guide (Teresa Meng, Membership
  Chair)
• 12K for Chapter Chairs from 4 Developing
  economies to Travel to ISSCC (Jan Van der
  Spiegel, Chapters coordinator)
• 40K for graduate Fellowship awards (Dave Hodges,
  Awards Chair)
• Increasing the newsletter budget to fund travel
  for a volunteer experienced in expanding Society
  magazine content. (Lew Terman, Newsletter Editor)
• Launching a history project (Lew Terman, AdHoc
  History project)
• Providing permanent staff support for guest
  editors of the JSSC (Bernhard Boser, Publications
  Chair)
• Decreasing revenue expectations from conference
  registration. (Anantha Chandrakasan, Meetings
  Chair)

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Financial Implications of February Votes

• JSSC Subscription Increase by 2 each. Positive
  Impact 16K
• ISSCC 2006 DVD. Incremental Cost included in
  ISSCC Budget.
• ISSCC 2006 Advance Increase to 700K. Cash Flow
  will need to be watched.
• CICC 2005 Advance of 60K. Per Plan.
• JSSC 2006 Page Count increased to 2700.
• CAD Council Formation, 10K
• Approve Outline of proposed 2006 budget, and
  authorize Exec Comm(Pres, VP, Past Pres,
  Treasurer) to make adjustments in May for
  submission to IEEE.

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Top 4 Contributors to SSCS Net Surplus

• Meetings/Conferences 1700
• SSCS Fees 929
• JSSC 930
• CD ROM 931