FA budget for 2017-18

budget

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

    PROJECTED (2)   BUDGETED BUDGET
    2016-17   2016-17   2017-18
             
INCOME BY SOURCE ($):            
  1. Membership Dues   847,685   857,304   852,404
  2. Interest & Misc.   353   325   375
    -----------   -----------   -----------
    TOTAL RECEIVED   $848,038   $857,629   $852,779
             
EXPENSES BY FUNCTION ($):            
  3.  Office Services   64,077   64,107   65,189
  4.  Employee Taxes/Benefits   33,507   33,090   33,621
  5.  Office Supplies   5,224   6,500   4,525
  6.  Office Capital Expense   10,871   12,000   9,630
  7.  Telephone/data package   5,735   6,000   7,020
  8.  Mailing   2,344   8,700   2,500
  9.  Office & Assoc. Insurance   1,396   1,400   1,425
  10. NYSUT/AFT Delegate Assemblies   5,989   5,310   29,115
  11. Workshops/Seminars   8,334   14,835   16,050
  12. Negotiations/Legal/Grievances   12,673   25,000   15,000
  13. Publications & Public Relations   37,716   29,175   27,243
  14. Membership Services   16,471   17,200   20,800
  15. Stipends   50,163   45,916   46,488
  16. Administrative Expenses   7,204   7,200   7,500
  17. SCOPE/NYCOSH Expenses   2,850   2,900   2,900
  18.  Insurance Expense   460   525   425
  19. Audit   7,500   7,500   7,500
  20. Other Disbursements   0   175   125
     LOCAL EXPENSES: SUBTOTAL   272,513   287,533   297,056
  21. Per Capita Dues NYSUT/AFT  (1)   556,388 65.6% 554,882 64.7% 553,327
    -----------   -----------   -----------
TOTAL EXPENSES   828,902   842,415   850,383
TOTAL RECEIVED   848,038   857,629   852,779
    -----------   -----------   -----------
  22. Gross Surplus (Deficit)   $19,136   $15,214   $2,396
    ==========   ==========   ==========
             
CASH STATUS:            
  23. Net Cash at End of Year (3) $193,586 $212,722   $208,800   $215,118
    ==========   ==========   ==========
MEMBERSHIP STATUS (JUNE):            
  24. Full-Time   470   464   470
  25. Adjunct   1,458   1,486   1,498
    --------   --------   --------
     TOTAL   1,928   1,950   1,968
             
PER CAPS (PER MEMBER):            
  26. Full-time   $606.36   $606.36   $609.36
  27. Adjunct (3/4 dues)   $397.68   $397.68   $399.18
  28. Adjunct (1/2 dues)   $303.18   $303.18   $304.68
  29. Adjunct (1/4 dues)   $151.59   $151.59   $152.34
  30. Adjunct (1/8 dues)   $75.80   $75.80   $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, 2017 and projected results through August 2017. 
(3) Total accumulated funds (Net Cash at End of Year) carried from line 23.