Issue Date: December 12, 2011
ACS Board Of Directors Approves 2012 Budget, Elects New Board Chair
At their meeting on Dec. 1–3 in Arlington, Va., the American Chemical Society Board of Directors approved a 2012 operating budget with projected revenues of $484.5 million, an increase of 3.1% from the 2011 budget, and a net contribution to reserves of $15.4 million. This translates into an overall return on revenue of 3.3%, well within the board guidelines. The board also approved a capital budget of $31.5 million, up $2.0 million from 2011.
The . . .
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