Well there goes another exciting month and we had a ton of good events to choose from.  I hope you all have had a chance to get out and enjoy the great weather we've been having in your Porsches.  Please feel free to share any cool travels or events you've chosen to do with me.  I'm easy to find.  Just email me a photo and a quick blurb about your fun and I'll see that they get shared here in the newsletter.

  I had another great time at our autocross #5.  The new trailer sure worked out well.  It's fun to see people out racing their rides and getting the excitement of pushing their cars to the limits around a challenging course.  Read my write up below...

  I'm up in the mountains right now getting hammered by lightning and thunder.  A minute ago I almost got hit while out adjusting the tarps that are keeping my wood dry.  It was a good reminder to me to enjoy every minute we have in life because as fast as lightning you could be here one minute and gone the next.

  Take a minute and look at the events we have coming up and see if you can make one or two of them this month.  The weather is still relatively mild and it won't be long before we'er into the triple digits.  That's when I'm jealous of the modern cars with all their creature comforts.  My '66 912 doesn't have any.  If I want air conditioning I have to drive faster.  

  This is my fourth der Riesenbaum as editor.  I'd love to have some feedback on what you like and/or what you'd like to see as far as content goes.  I'm going to try and get out to a few more events this next month and hope to see you all and get some good ideas in person.  Until then, have a great time adventuring in your Porsches and keep them shiny side up.

Shift Toward Adventure,

Jamie

Redwood Region's finances continue to remain strong at mid-year 2015. As of July 1, 2015 assets included:

• Cash and cash equivalents........................................................$34,358.14
• Certificate of Deposit................................................................$10,550.54
• Inventory.................................................................................... $2,065.11

                   Total Assets........................................................................... $46,973.79

There are $240.35 in accounts payable/other liabilities; total members' equity is $46,733.44.

Total ordinary income was $20,860.22 offset by expenses of $19,936.66 for a net ordinary income of $921.56. $256.99 was earned in interest income and credit card rebates for a total net income of $1,178.55.

The Region's biggest revenue generator remains the Autocross series with a net profit through autocross #5 of $3,438.57 (not accounting for the new trailer). Combined with PCA National's rebate of $6,717.00 and sponsor support of $2,500.00, this $12,655.57 provided most of our operating funds. The new autocross trailer costing $8,366.28 diminished those operating funds to $4,289.29.

Please note that these financial figures have not been formally reviewed, but will be by the Redwood Region Financial Review Committee at the end of the year. Also note that Goodie Store inventory is as of January 1, 2015 and has not yet been updated. Any questions, clarifications or requests for more complete financial statements, please contact Region Treasurer, Jerry Gladstone at redpca@sonic.net.

Submitted July 1, 2015 by Jerry Gladstone, RR Treasurer