August 13-14 Pittsburgh, Pennsylvania2014 Annual Business Meeting

IFTA CLEARINGHOUSE& FUNDS NETTING UPDATE

AMANDA KOELLERIFTA, Inc.

47 Participants$328MM

50 Participants$362MM

51 Participants$368MM *

52 Participants$352MM

* Denotes extraction of amount overpaid in error in 5/12 and 6/12.

Funds Netting Radar

NOVA SCOTIA

OKLAHOMA QUEBEC

ALBERTA

NEWFOUNDLAND LABRADOR

MANITOBAEveryone is on the Radar!!

2015 Funds Netting Calendar2015 Funds Netting Calendar

1 Disbursement

Lengthened Number of Days to Pay In

Banking EFT’s and wire technology improved

2015 IFTA, Inc. Clearinghouse Funds Netting CalendarJULY 2015

27 28 29 30 31

Jurisdiction Upload/Review Deadline (CHTP 2015 - #07)

Funds Netting Totals Issued by IFTA, Inc. (CHTP 2015 - #07)

MONDAY TUESDAY WEDNESDAY THURSDAY FRIDAY3 4 5 6 7

Funds Due to IFTA, Inc. (CHTP 2015 - #07)

10 11 12 13 14

Funds Transferred by IFTA, Inc.

(CHTP 2015 - #07)

2015 IFTA, Inc. Clearinghouse Funds Netting CalendarAUGUST 2015

• 1,543 Registered Demographic Users• 906 Registered Transmittal Users• 6,335 IARs posted in 2013• Demographics – 841,525 records• Transmittals – 9,489,122 detail lines in 2013

• Update Contacts, add new Clearinghouse Users and Delete Old on www.iftach.org

• Create a bulk email: IFTAFundsNetting@state.gov

• Communicate any banking or processing changes to IFTA, Inc.

August 13-14 Pittsburgh, Pennsylvania2014 Annual Business Meeting

Clearinghouse Advisory Committee

Board LiaisonsGarry Hinkley, Maine – Lead

Cindy Arnold, Nevada

IFTA, Inc. AdvisorsJason Degraf

Debora K. MeiseAmanda Koeller

MembersChair – Randy Boone - Indiana

Vice Chair- Scott Miller – Kansas

Trishawn Bell - AlabamaSherry Conrad - Nova Scotia

Angie Duerson - VirginiaBethany Musselman - Nevada

Glenda Smith - IdahoMarc Walker - New BrunswickNatalie Wendell - Minnesota

We have one committee member vacancy that needs to be filled

Volunteers from Idaho and Maine

August 13-14 Pittsburgh, Pennsylvania2014 Annual Business Meeting

Monthly Conference Call Agenda Discussion Topics

ITACFunds Netting

Quality Control – Demographics and TransmittalsElectronic Credential Work Group

SAFERDual Fuels

Best Practices Guide

August 13-14 Pittsburgh, Pennsylvania2014 Annual Business Meeting

Interest Question From Yesterday’s Meeting

Tax and Surcharge are Calculated Separately then Netted Together

The Total is Used to Calculate the Interest

August 13-14 Pittsburgh, Pennsylvania2014 Annual Business Meeting

Questions?