Treasurer's Report”1977


  • L. T. Aldrich


Below you will find the fiscal report of the AGU for 1977 together with the 1977 and 1978 budgets. If one reads the bottom line only, one sees that a modest addition was made to our reserves during 1977. However, a more detailed probe reveals that this gain was due primarily to reduced publication expenses that are attributable to shortfall in the number of pages published in Water Resources Research, Reviews of Geophysics and Space Physics, Geophysical Research Letters, and, to a lesser extent, the Journal of Geophysical Research. That our journals do not seem to be fulfilling editorial aspirations is not viewed as a financial boon but rather is a problem very much in the minds of the Publications Committee and the officers as we look forward to the next biennium.