FA budget for 2019-20

budget

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

    PROJECTED (2)   BUDGETED BUDGET
    2018-19   2018-19   2019-20  
               
INCOME BY SOURCE ($):              
  1. Membership Dues   827,890   800,854   803,236  
  2. Interest & Misc.   2,838   1,500   2,394  
    -----------   -----------   -----------  
    TOTAL RECEIVED   $830,729   $802,354   $805,630  
               
EXPENSES BY FUNCTION ($):              
  3.  Office Services   65,190   65,189   65,958  
  4.  Employee Taxes/Benefits   35,764   34,738   37,695  
  5.  Office Supplies   6,595   4,525   4,525  
  6.  Office Capital Expense   20,817   13,026   18,042  
  7.  Telephone/data package   6,030   6,720   6,400  
  8.  Mailing   2,633   6,950   3,650  
  9.  Office & Assoc. Insurance   500   1,599   550  
  10. NYSUT/AFT Delegate Assemblies   2,016   11,195   9,900  
  11. Workshops/Seminars   12,303   20,650   13,850  
  12. Negotiations/Legal/Grievances   11,291   15,000   15,000  
  13. Publications & Public Relations   29,889   28,942   29,577  
  14. Membership Services   32,515   18,800   19,800  
  15. Stipends   47,562   47,562   48,030  
  16. Administrative Expenses   8,775   7,500   8,000  
  17. SCOPE/NYCOSH Expenses   3,236   6,200   6,200  
  18.  Insurance Expense   647   425   650  
  19. Audit   7,500   7,500   7,500  
  20. Other Disbursements   266   300   300  
     LOCAL EXPENSES: SUBTOTAL   293,529   296,821   295,627  
  21. Per Capita Dues NYSUT/AFT  (1)   526,123 63.5% 504,783 63.5% 509,700 63.5%
    -----------   -----------   -----------  
TOTAL EXPENSES   819,652   801,604   805,327  
TOTAL RECEIVED   830,729   802,354   805,630  
    -----------   -----------   -----------  
  22. Gross Surplus (Deficit)   $11,077   $750   $303  
    ==========   ==========   ==========  
               
CASH STATUS:              
  23. Net Cash at End of Year (3) $260,315 $271,392   $261,065   $271,695  
    ==========   ==========   ==========  
MEMBERSHIP STATUS (JUNE):              
  24. Full-Time   470   463   454  
  25. Adjunct   1,267   1,200   1,215  
    --------   --------   --------  
     TOTAL   1,737   1,663   1,669  
               
PER CAPS (PER MEMBER):              
  26. Full-time   $609.36   $609.36   $612.96  
  27. Adjunct (3/4 dues)   $399.18   $399.18   $400.98  
  28. Adjunct (1/2 dues)   $304.68   $304.68   $306.48  
  29. Adjunct (1/4 dues)   $152.34   $152.34   $153.24  
  30. Adjunct (1/8 dues)   $76.18   $76.18   $76.62  
                                                   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, 2019 and projected results through August 2019. 
(3) Total accumulated funds (Net Cash at End of Year) carried from line 23.
(4) The budget was approved by the Executive Council on August 29, 2019