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The proposed FA budget must be approved by the EC every year. (photo by Cynthia Eaton) |
In keeping with the duties of the treasurer as outlined in the FA Constitution, my responsibility is to prepare a proposed annual budget in conjunction with the budget committee.
The proposed budget for 2019-20, below, was presented, discussed and approved unanimously by your elected representatives of the FA Executive Council during our meeting on Thursday, September 29, 2019.
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Projected (2)
2018-19
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Budgeted
2018-19 |
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Budget
2019-20 |
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INCOME BY SOURCE |
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Membership Dues
|
827,890 |
|
800,854 |
|
803,236 |
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Interest & Misc.
|
2,838 |
|
1,500 |
|
2,394 |
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TOTAL RECEIVED
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$830,729 |
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$802,354 |
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$805,630 |
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EXPENSES BY FUNCTION ($) |
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|
|
|
|
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Office Services
|
65,190 |
|
65,189 |
|
65,958 |
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Employee Taxes/ Benefits
|
35,764 |
|
34,738 |
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37,695 |
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Office Supplies
|
6,595 |
|
4,525 |
|
4,525 |
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Office Capital Expense
|
20,817 |
|
13,026 |
|
18,042 |
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Telephone/
Data Package
|
6,030 |
|
6,720 |
|
6,400 |
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Mailing
|
2,633 |
|
6,950 |
|
3,650 |
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Office and Assoc.
Insurance
|
500 |
|
1,599 |
|
550 |
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NYSUT/AFT Delegate
Assembly
|
2,016 |
|
11,195 |
|
9,900 |
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Workshops and Seminars
|
12,303 |
|
20,650 |
|
13,850 |
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Negotiations, Legal, Grievances
|
11,291 |
|
15,000 |
|
15,000 |
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Publications & Public Relations
|
29,889 |
|
28,942 |
|
29,577 |
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Membership Services
|
32,515 |
|
18,800 |
|
19,800 |
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Stipends
|
47,562 |
|
47,562 |
|
48,030 |
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Administrative Expenses
|
8,775 |
|
7,500 |
|
8,000 |
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SCOPE/NYCOSH Expenses
|
3,236 |
|
6,200 |
|
6,200 |
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Insurance Expense
|
647 |
|
425 |
|
650 |
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Audit
|
7,500 |
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7,500 |
|
7,500 |
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Other Disbursements
|
266 |
|
300 |
|
300 |
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TOTAL EXPENSES SUBTOTAL |
293,529 |
|
296,821 |
|
295,627 |
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Per Capita Dues NYSUT/AFT (1)
|
526,123 |
63.5% |
504,783 |
|
509,700 |
63.5% |
TOTAL EXPENSES |
819,652 |
|
801,604 |
|
805,327 |
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TOTAL RECEIVED |
830,729 |
|
802,354 |
|
805,630 |
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Gross Surplus (Deficit)
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$11,077 |
|
$750 |
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$303 |
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|
|
|
|
|
|
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CASH STATUS |
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|
|
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Net Cash at End of Year (3)
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$271,392 |
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$261,065 |
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$271,695 |
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MEMBERSHIP STATUS |
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|
|
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Full Time
|
470 |
|
463 |
|
454 |
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Adjunct
|
1,267 |
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1,200 |
|
1,215 |
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TOTAL |
1,737 |
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1,663 |
|
1,669 |
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PER CAPS (PER MEMBER) |
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|
|
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Full time
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$609.36 |
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$609.36 |
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$612.96 |
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Adjunct
3/4 dues
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$399.18 |
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$399.18 |
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$400.98 |
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Adjunct
1/2 dues
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$304.68 |
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$304.68 |
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$306.48 |
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Adjunct
1/4 dues
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$152.34 |
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$152.34 |
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$153.24 |
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Adjunct
1/8 dues
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$76.18 |
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$76.18 |
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$76.62 |
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NOTES TO BUDGET
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Per capita dues are also shown as a percentage of the membership dues as a broad check on calculations. Projected dues based on 2015-19 contractual rates.
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Based on actual results through July 31, 2019, and projected results through August 2019.
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Total accumulated funds (net cash at end of year) carried from line 23.
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The budget was approved by the Executive Council on August 29, 2019.
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