FA budget for 2018-19

budget

The proposed FA budget must be approved by the EC every year. (photo by Cynthia Eaton)

    PROJECTED (2)   BUDGETED BUDGET
    2017-18   2017-18   2018-19  
               
INCOME BY SOURCE ($):              
  1. Membership Dues   889,639   852,404   800,854  
  2. Interest & Misc.   504   375   1,500  
    -----------   -----------   -----------  
    TOTAL RECEIVED   $890,143   $852,779   $802,354  
               
EXPENSES BY FUNCTION ($):              
  3.  Office Services   65,147   65,189   65,189  
  4.  Employee Taxes/Benefits   35,068   33,621   34,738  
  5.  Office Supplies   3,676   4,525   4,525  
  6.  Office Capital Expense   14,810   9,630   13,026  
  7.  Telephone/data package   7,297   7,020   6,720  
  8.  Mailing   2,679   2,500   6,950  
  9.  Office & Assoc. Insurance   1,499   1,425   1,599  
  10. NYSUT/AFT Delegate Assemblies   13,159   29,115   11,195  
  11. Workshops/Seminars   12,333   16,050   20,650  
  12. Negotiations/Legal/Grievances   8,700   15,000   15,000  
  13. Publications & Public Relations   35,740   27,243   28,942  
  14. Membership Services   27,051   20,800   18,800  
  15. Stipends   46,488   46,488   47,562  
  16. Administrative Expenses   7,225   7,500   7,500  
  17. SCOPE/NYCOSH Expenses   3,586   2,900   6,200  
  18.  Insurance Expense   496   425   425  
  19. Audit   7,500   7,500   7,500  
  20. Other Disbursements   205   125   300  
     LOCAL EXPENSES: SUBTOTAL   292,659   297,056   296,821  
  21. Per Capita Dues NYSUT/AFT  (1)   550,069 61.8% 553,327 64.9% 504,783 63.0%
    -----------   -----------   -----------  
TOTAL EXPENSES   842,728   850,383   801,604  
TOTAL RECEIVED   890,143   852,779   802,354  
    -----------   -----------   -----------  
  22. Gross Surplus (Deficit)   $47,415   $2,396   $750  
    ==========   ==========   ==========  
               
CASH STATUS:              
  23. Net Cash at End of Year (3) $215,491 $262,907   $217,887   $263,657  
    ==========   ==========   ==========  
MEMBERSHIP STATUS (JUNE):              
  24. Full-Time   477   470   463  
  25. Adjunct   1,498   1,498   1,300  
    --------   --------   --------  
     TOTAL   1,975   1,968   1,763  
               
PER CAPS (PER MEMBER):              
  26. Full-time   $609.36   $609.36   $609.36  
  27. Adjunct (3/4 dues)   $399.18   $399.18   $399.18  
  28. Adjunct (1/2 dues)   $304.68   $304.68   $304.68  
  29. Adjunct (1/4 dues)   $152.34   $152.34   $152.34  
  30. Adjunct (1/8 dues)   $76.18   $76.18   $76.17  
                                                   NOTES TO BUDGET    
         
(1) Per Capita Dues are also shown as a percentage of the membership dues as a broad  check on calculations. Projected dues based on 2015-2019 contractual rates.
(2) Based on actual results through July 31, 2018 and projected results through August 2018. 
(3) Total accumulated funds (Net Cash at End of Year) carried from line 23.