Funding and Ticket Rates

DOWNLOAD ADDITIONAL INFO

The JULIE, Inc. Board of Directors has approved a new method for invoicing our members which will go into effect on January 1, 2011.  This new billing method, successfully used by several other one-call industry centers, is briefly described as follows:

INVOICING TIMEFRAME
In July of each year, JULIE's Board of Directors will approve the cash requirements for the coming calendar year, which consists of the annual operating and capital expense budgets as well as the cash reserve target.  Each member's annual contribution will be based upon: 
  1. The upcoming year's total approved cash requirements; and
  2. That member's message transmission activity for the previous 12 month's relative to the total of all message transmission activity for the same period.  The most recent reporting period used is July 1st through June 30th. 
  3. Under the new funding model, members will incur a surcharge for JULIE messages delivered by fax and voice, as they do under the current billing system. 

In September, every JULIE member will be notified of their funding contribution amount for the coming year.  Under the new model, each member will now know in advance their exact contribution to JULIE for the coming year and will be able to incorporate this known expense into their own budget planning. 

Each January, members will receive an actual invoice from the JULIE Accounts Receivable Department indicating the member contribution amount reported to the member during the previous September.  This invoice will indicate the billing rates by delivery method multiplied by the member's billable messages from the 12 month reporting period, and the amount owned.  Member may choose one of three methods of payment:

  1. One installment, due February 1st;
  2. Two equal installments due February 1st and August 1st;
  3. Four equal installments due February 1st, April 1st, August 1st and November 1st. 

Note:  None of the payment methods will increase or decrease the amount paid. 

Questions should be directed to Mark Frost, Executive Director at 815-741-5010 or via email at frost@illinois1call.com.