The following
is a proposed reimbursement schedule for the 2009 racing season.The numbers assume a maximum total
reimbursement of $5,000.This assumes
the Team sponsor effort and proceeds from Team sponsored races give us adequate
funds to accommodate this expenditure without depleting our reserves below the
sum of $4,500.
To obtain
reimbursement for races, the following guidelines must be adhered to:
1.Racer
must be a current member of CBC Race Team.
2.Racer
must wear CBC jersey while racing.
3.Racer
must compete in a minimum of 6 races for the calendar racing season. (any
discipline)
4.Racer
must attend a minimum of 4 CBC Race Team monthly meetings.
5.Racer
must compete in a minimum of 3 Target races in any of the disciplines. Target
races will be decided by a majority of the CBC Race Team members.
6.Racer
must provide proof of racing either in the form of a race number and/or copy of
official results.
7.Racer
must provide proof of entry fee.
8.The
Executive Board will determine events that qualify for reimbursement. USA
Cycling, NORBA, Midwest Fat Tire, and other events.
Race
reimbursement will be calculated as follows:
1.Cat
1,2 & 3 (road/cross), and Expert, Marathon, & Sport (mountain) Racers will have a maximum reimbursement of $600.
2.Cat
4,5 & Master (road/cross) and Beginner (mountain) Racers will have a maximum reimbursement of $400.
3.Junior
members will have a maximum reimbursement of $400, plus each Junior member will
receive free membership to the CBC Race Team.
4.A
racer that cats up or down will be reimbursed at the level held at the end of
the racing season.
5.Reimbursement
will be calculated by adding the total dollar amount in claims and dividing it
by the total amount allocated for reimbursement.
a.Example:
Ten Cat 4 & 5 racers submit a reimbursement form for $400. Four Cat 1,2
& 3 racers submit reimbursement forms for $600. Total requested equals
$6,400, amount available = $5,000 percentage = 78.1%. Each Cat 4 & 5 member
will receive a check for $312.50, and each Cat 1,2 & 3 member will receive
a check for $468.75.
6.Deadline
for submitting reimbursement forms will be determined by the Board.Each member will receive a minimum of two
e-mails with the deadline.It is each
member’s responsibility to submit the information in a timely manner.
