Quarterly Status Report YTD – September 30, 2008

The report details the IAI's core budget status as of September 30, 2008, noting that collected funds represent 58% of approved contributions. While year-to-date expenses were 16.0% lower than the 3-month budget, the institute faced low collection rates from member countries. Administratively, the IAI completed audits for the CRN II program and implemented staffing and cash management changes in Brazil to reduce costs and improve security.

• As of September 30, 2008, the IAI had collected 58% of the approved country contributions for the 2008/2009 fiscal year. While responses from countries were positive, collections in the first half of the year were low compared to the previous fiscal year.
• Year-to-date expenses for the period of July to September 2008 totaled US$244,453, which is 16.0% lower than the 3-month budget of US$290,865. The variance was primarily driven by lower spending in Operational Costs, Travel and Training, and the Director’s Special Fund, though this was partially offset by higher Salaries and Benefits costs.
• The IAI's cash balance as of September 30, 2008, was US$664,319.08, a 17.4% increase over September 2007. Core Budget reserves alone could cover 5.5 months of operations based on the annual budget of $1,163,462; this would increase to 12.6 months if expected U.S. and other country contributions were included.
• Administrative updates include the completion of audits for the CRN II program with satisfactory results and a restructuring of Brazilian staff provided by INPE. The latter involved not renewing two contracts (Office Clerk and Finance and Administration Assistant) to minimize supplements paid from Core Budget funds, resulting in estimated annual savings of US$35k.

APA

Inter-American Institute for Global Change Research (2008). Quarterly Status Report YTD – September 30, 2008. https://archive.iai.int/admin/site/sites/default/files/iai-ec-27-financial-report-sept2008-e.pdf

Chicago

Inter-American Institute for Global Change Research. Quarterly Status Report YTD – September 30, 2008. 2008. https://archive.iai.int/admin/site/sites/default/files/iai-ec-27-financial-report-sept2008-e.pdf.

Wikipedia

{{cite report |author=Inter-American Institute for Global Change Research |title=Quarterly Status Report YTD – September 30, 2008 |date=December 2008 |url=https://archive.iai.int/admin/site/sites/default/files/iai-ec-27-financial-report-sept2008-e.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{interamericaninstituteforglobalchangeresearch2008quarterly, author = {{Inter-American Institute for Global Change Research}}, title = {{Quarterly Status Report YTD – September 30, 2008}}, institution = {Inter-American Institute for Global Change Research}, year = {2008}, month = dec, url = {https://archive.iai.int/admin/site/sites/default/files/iai-ec-27-financial-report-sept2008-e.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }