2009 Reimbursement Form Download (DUE DECEMBER 14th)

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.