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President Joe Palca opened the meeting by calling on Treasurer Deborah Blum to present some good news. Deborah reported that the organization had a budget surplus of $20,032 in 1999. Total funds, including operating budget, checking account, money market and CDs, totaled $216,792; half of which is now held in cash reserve. This is quite a difference from the days when NASW typically operated at a deficit.