I don't have the chart handy here on my iPad, but I'll post it next week. In brief, it's been a while since we did an inflation adjustment on dues, and we've also had a very significant price increase on our insurance policy, amounting to $10/member/year. A combination of conservative budgeting, careful cost management and operating efficiency improvements has kept us modestly positive on annual net operating revenue. That meant we had enough reserves to handle the insurance cost for the short term, but we'll be in trouble in a couple of years if don't do something.
Members renew throughout the year, so it takes about a year for a dues increase to show up on the bottom line. We would implement a dues increase (assuming it's approved by the board) starting with January renewals. A ten dollar increase for 2013 would offset the direct cost of the insurance policy change, and I'm projecting an additional $5 increase to adjust for inflation in January of 2014. There was some discussion of whether it made more sense to do one big increase all at once, or spread it out over several years. The latter seemed to be the preference of those who had an opinion.