FA budget for 2016-17

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

The proposed budget for 2016-2017, below, was presented, discussed and approved unanimously by the elected representatives of the FA Executive Council during the meeting on Thursday, September 1, 2016.

The budget was later revised and approved unanimously by the elected representatives of the FA Executive Council during the meeting on Thursday, February 17, 2017.

  PROJECTED BUDGETED ADOPTED BUDGET REVISED BUDGET
2015-16 2015-16 2016-17 2016-17
INCOME BY SOURCE($):        
Membership dues 835,189 861,640 880,945 857,304
Interest 160 351 325 325
  ---------- ---------- ---------- ----------
TOTAL RECEIVED $835,349 $861,991 $881,270 $857,629
         
EXPENSES BY FUNCTION ($):        
Office services - Salary 62,531 65,714 64,107 64,107
Office services - Payroll tax 31,134 32,119 33,090 33,090
Office supplies 5,775 11,421 6,500 6,500
Office capital expense 12,000 8,157 12,000 12,000
Telephone (communication) 8,160 12,916 6,000 6,000
Mail 2,500 2,271 8,700 8,700
Office and Association insurance 1,400 1,396 1,400 1,400
NYSUT/AFT delegate assembly costs 24,690 15,249 5,310 5,310
Workshops and seminar attendance 11,385 9,588 14,835 14,835
Negotiations/legal/grievance 20,000 11,970 25,000 25,000
Publications and public relations costs 28,133 31,485 29,175 29,175
Membership services 17,200 20,088 17,200 17,200
Stipends: Officer and other 46,156 45,030 45,916 45,916
Administrative expenses 7,200 8,696 7,200 7,200
SCOPE/NYCOSH 2,900 350 2,900 2,900
Insurance expense - NYS disability 525 530 525 525
Audit expenses 7,500 7,500 7,500 7,500
Other disbursements 175 - 175 175
LOCAL EXPENSES: SUBTOTAL 289,364 284,480 287,533 287,533
Per capita dues - NYSUT/AFT 544,351 558,193 566,865 554,882
  --------------- --------------- --------------- ---------------
Total expenses 833,715 842,673 854,398 842,415
Total received 835,349 861,991 881,270 857,629
Gross surplus (deficit) 1,634 19,318 26,872 15,214
Cash status: Net cash at end of year - 156,617 183,489 171,831
         
Full-time membership (as of June) 482   486 464
Adjunct membership (as of June) 1,630   1,486 1,486
Total 2,112   1,972 1,950