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WFC Dues Proposal

The WFC board established an Ad Hoc Committee this past spring to look at the long-term financial stability of our association. This financial Ad Hoc Committee was tasked with looking at several challenges to the WFC's long-term financial stability and asked to develop and present recommendations for the WFC membership to consider for future action.
 
The WFC board established an Ad Hoc Committee this past spring to look at the long-term financial stability of our association. This financial Ad Hoc Committee was tasked with looking at several challenges to the WFC's long-term financial stability and asked to develop and present recommendations for the WFC membership to consider for future action.
 
The committee meetings had four topics developed as the focus of discussion. They included:
  1. The historic lack of any yearly cost escalator following the Consumer Price Indicator (CPI) on the dues structure.
  2. The reduction of member agencies through fire service consolidations.
  3. The current dues structure requires expanded categories to keep pace with Assessed Valuation (AV) growth.
  4. The disproportionate impacts of the current dues structure on smaller rural agencies.
 
The committee developed and presented to the WFC board of directors an updated WFC dues structure and CPI escalator intended to mitigate the identified WFC long-term financial concerns. With the Financial Committee's proposal, the WFC board of directors supports the following changes to the WFC dues structure and presents the following resolution for the membership to vote on at the May 25th, 2022 annual business meeting.
 
WFC Dues restructure and future cost escalator.
 
The proposal before the WFC membership is the adoption of the following dues structure taking effect with the 2023 membership dues, and in subsequent years, the application of a 2% dues increase annually. 

 

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