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The proposed FA budget must be approved by the EC every year. (photo by Cynthia Eaton) |
On February 16, 2017, the Executive Committee approved a revised budget for the 2016-17 academic year.
The original EC budget approved back in September included a total full-time count that was 22 faculty members over the actual count.
In addition, enrollment reports indicate that there are approximately 85 fewer sections than there were in the Spring 2016 semester. This may result in a lower aggregate adjunct total, which could further impact the budget.
The revised budget is below, accounting for the decrease in both membership dues income and per capita dues paid to NYSUT/AFT.
|
2015-16
Projected |
2015-16 Budgeted |
2016-17
Adopted
Budget |
2016-17
Revised
Budget
|
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 |
842,672 |
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 |
MEMBERSHIP (AS OF JUNE) |
Full-time members |
482 |
- |
486 |
464 |
Adjunct members |
1,630 |
- |
1,486 |
1,486 |
Total > |
2,112 |
- |
1,972 |
1,950 |
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