We are so fortunate and appreciative of our dedicated staff and volunteers who seamlessly integrate our strategic goals and vision through their day to day work, producing excellent results.
We will institute a 1% increase on membership fees for 2023. These small, annual increases provide the College with the resources necessary to address increasing costs for services and other business and support the College with realizing our purpose. Surplus monies are allocated to special projects which fulfill our mandate of protecting the public. Advocating with our clients in the health, child welfare, and correctional systems is an essential aspect of our role and is meant to amplify your voices as you advocate for your clients directly in the work that you do.
OUR PLANS FOR 2023 Revenues are projected to be more than $1 million again this year. We remain committed to dispersing and stewarding these funds with utmost care. As mentioned, costs are rising and we have prepared a budget that is responsive to those increases. We will continue to invest in decent salary and benefit packages for staff and are proud to continue to bring on more staff as the work of the College grows. For the first time in three years we will see our staff out on the road and travel costs have been adjusted accordingly. We have committed to compensating expertise that we rely upon for the business of the College, such as we have in the past few years for the complaints committee, so 2023 will see the introduction of a spending category for our decolonizing social work committee as
Our partners at the Canadian Association of Social Workers have increased membership fees; we are prepared to cover that increase as they are such an invaluable resource for our members, both to stay connected to the profession of social work in other jurisdictions and also the continuing education opportunities for our members. We are proposing a $5200 surplus for 2024, and with Council consideration and approval we will continue to allocate that surplus to special projects for essential advocacy work. Due to responsible management, we have a surplus of $84,000 for 2022, which will be allocated to our special projects, as usual. We have for another year maintained the balance required by our governance policies in both the operational fund at $639,346 and the discipline fund at $219,121.
REFERENCES Seguin, N. (2023, March 24). N.S. Budget doesn’t raise income assistance rates, shocks anti-poverty advocates | CBC News. https://www.cbc.ca/news/canada/ nova-scotia/ns-income-assistance-ratesunchanged-1.6788662
Our total assets as of December 31, 2022, were $1,776,662