The following policy was adopted by the Booster Board and is effective for the 2006 fundraisingcalendar year.

Due to the difference between the fiscal year for the Countryside YMCA Torpedoes Swim Team (September 1 to August 31) and the Countryside YMCA itself (January 1 to December 31), the supplemental financial obligation which may be raised though various continual and annual fundraising programs is incurred at the beginning of the WinterShort Course season in September and due in December.

Families who participate in fundraising programs between January and August, but do not continue with the team into the next Winter season, may request that any monies credited to their fundraisingsupplemental account be transferred to the National Team account for a senior who will be participating in the YMCA Long Course National Championship Meet or to a single other CY Torpedoes family.

To transfer a remaining balance to another account, the family must make this request in writing prior to the end of September and must not have any other outstanding financial obligations to the team (team fees, escrow overdraft). Any unused balance will revert to the team’s general fund in the absence of a written request.

All requests will be reviewed by (in any order):

Escrow Treasurer

to verify that there is a non-negative balance in the family’s escrow account (a negative balance must be paid by the family; it may not be covered by fundraisingthe supplemental balance)

Head Coach

to verify withdrawal from the team such that no Winter season fundraisingsupplemental obligation has been incurred and all meet entries have been given to the Escrow Treasurer

Fundraising Treasurer

to verify existence of a balance in the departing family’s account and that the designated receiving family has not received other such transfers during the current fundraisingsupplemental fiscal year