Transport and General Workers Union: Bi-Annual Congress 1991: Financial Progress Report from Dec 1989-May 1991

In reviewing the 1990 financial year for TGWU (1 Jan 1990 - 31 Dec 1990) it is clear that the union was in an unstable financial position. The income from subscriptions was forever fluctuating. In most cases expenditure for this period exceeded the income from subscriptions. Our bank balance was, from time to time, in an overdraft situation. The union couldn’t be self-sufficient—and as a result, relied on foreign funding. This report will deal with both the income and expenditure for the said financial period