1. Revenues: Dues and Contributions $12,343, Interest Income $225, Total $12,568.
2. Expenses: Educational/Scientific Programs $8.678, Management/General $5,477, Fundraising $2,521, Total $16,677.
3. Revenues minus Expenses: ($4,109) [deficit].
4. End of 2006, SETI League account balances equalled $4,603. End of 2005 balance was $8,712.
5. Current balance (cash on hand and owed) is approximately $6,500.
6. 2007 Budget: Projected Revenues $12,000, Program Expenses $9,000, Management/General Expenses $2,500, Fundraising Expenses $2,500, Projected Deficit $2,000, Projected Ending Balance $2,603.
7. This report was accepted by those present.

1. EME Committee
   Report delivered by Richard Factor in the absence of chairman Dr. Allen Katz:
   Our moonbounce beacon is now off the air. After more than a year of reliable operation with the new power amplifier installed, transmitter power began to drop off in March. As new antennas have been purchased but not yet installed, it was decided to take the system offline until antenna installation is completed, and then to troubleshoot the power train. It remains our goal to make the beacon signal receivable by the "typical" Project Argus station. To date, the smallest system to have reported successful reception was using a 13 foot parabolic reflector.
2. Awards Committee
   Report delivered by chairman David Ocame:
   Twelve websites were selected in 2006 to receive the SETI SuperStar Award. Three nominees for the Giordano Bruno Memorial Award were recommended to the Board for consideration.

1. Mid-Year Renewal Letter
   Secretary/Treasurer Heather Wood reports that a mid-year letter to lapsed members brought in roughly $400 in dues revenue, at an approximate cost of $100 for printing and postage. It was recommended that The SETI League continue issuing such mid-year appeals.
2. EME Antennas
   It was reported that the new moonbounce antennas purchased last year have been in the hands of a professional installer for many months, but that installation is yet be scheduled. Richard Factor will attempt to secure a commitment and time schedule from our installer.
3. Annual Report
   Hardcopies of The SETI League's 2006 Annual Report have been distributed to all members of the Board. The entire document is available to members via the website, in Portable Document Format (PDF).

1. Steward Observatory Proposal
   Member Peter Vikinis has met with Steward Observatory personnel in Arizona, toward the goal of offering The SETI League an opportunity to manage allocation of time on the 12 metre diameter millimeter-wave radio telescope on Kitt Peak, as a potential source of SETI League revenue. It was noted that, with no paid staff and only limited volunteer support, The SETI League lacks the resources to accept this opportunity at this time.
2. SARA Proceedings
   Last year, in lieu of sponsoring a SETICon technical meeting, The SETI League assisted the Society of Amateur Radio Astronomers (SARA), a SETI League affiliated society, in conducting its annual technical conference at NRAO Green Bank WV. The Executive Director Emeritus served as Editor of the Proceedings of that conference. Based upon the success of that venture, The SETI League will be assisting with this year's SARA Conference, and editing SARA's 2007 Proceedings as well.
3. Extensive discussions ensued regarding a special program to honor those Charter Members who have remained members in good standing. It was decided to offer copies of various SETI League publications to libraries and schools, and to offer membership gratis to full-time students, on a trial basis.
4. The next Annual Meeting will be held at the same venue. The dates of Sunday 20 April 2008 and Sunday 27 April have been suggested. A date will be selected so as to avoid a scheduling conflict with the Trenton Computer Festival, and the date announced via the website and newsletter. The meeting will be at 1300 hours EDT, to be followed immediately by the Board of Trustees meeting.
5. Awards Committee chairman David Ocame presented the Giordano Bruno Memorial Award to member Robert Melville, in recognition of his having activated the first SETI station at the South Pole. In a move that surprised our Awards Committee chairman, the Executive Director Emeritus then presented the Orville N. Greene Service Award to Mr. Ocame, in thanks for his exemplary volunteer service to The SETI League.

• Robert Melville gave a PowerPoint presentation of his SETI activities at the South Pole.

The Annual Membership Meeting was adjourned by the Executive Director at 14:25 hours EDT on 29 April 2007. The annual Board of Trustees meeting occurred immediately afterward. All members in good standing were invited to attend.

Business Transacted by Board of Trustees:

1. Quorum Call
   Trustees and Officers present: Richard Factor, Heather Wood, Marc Arnold, Martin Schreiber, H. Paul Shuch
   Trustees and Officers absent: none
   A quorum is present.
2. Election of Officers
   The following slate of officers was retained for a one-year term:
   President - Richard Factor
   Secretary/Treasurer - A. Heather Wood
   Executive Director Emeritus - H. Paul Shuch, serving on a volunteer basis.
3. Personnel matters
   Board of Trustees voted to resume its previous cost-sharing of Executive Director Emeritus' health insurance premiums, as an administrative expense, pending availability of funds and subject to periodic review. Dr. Shuch abstaining.