From The President - By Todd Michal Dear Members, Merry Christmas and Happy New Year!! As I look back to the beginning of the year, we were just in the early negotiation phase to purchase the club second aircraft, a Piper Arrow, and expand the club. 12 months later, we put 268 hours on the Arrow and have 8 new members in the club. Overall, we flew a total of 401 hours this year which, even after accounting for 2 planes and 16 members, is a significant increase in flying for the club. Mike McBride will be compiling the flight hours per member totals for the year and will include it in next months Newsletter. The Cessna has a newly overhauled engine and both aircraft are in fully enclosed hangers. Thanks to everyone that helped make the Arrow purchase and club expansion work out so well this year I look forward to the new year and increased flying for all the members. Have a Merry Christmas and Happy New Year. Todd Treasurer's Report - by Mike McBride Fuel prices at TACAir remained stable once again this month; hourly rates for the C172 and Arrow remain at $64 and $87, respectively. Flight hours were moderate for the Arrow, but relatively low for the C172. The treasury balance is at just over $2,760; the adjusted treasury is positive at $312. Property tax was paid on the C172 (a credit on Todd Michal's account), offset by a transfer from the C172 escrow fund. Since we do not owe property tax on the Arrow this year, the escrow funds for Arrow property tax was transferred to the Arrow equity fund; this will be used to offset the expected shortfall on Use tax for the Arrow purchase. Fly Safely Mike
Maintenance - by John N20843
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Club Airplane Model Order - by John Aimhigh Model company has finished the Arrow and Cessna models and will ship them on Dec 27th. They will probably arrive the first week of the new year. Here are a couple photos of the models in work.
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