|
CALTA Financial Report |
2010-2011 |
2011-2012 Budget |
||
|
TOTAL |
per member (740) |
TOTAL |
per member (800) |
|
|
Opening Balance beginning of season |
$ 5,238 |
$ 7.08 |
$ 5,319 |
$ 6.65 |
| Dues Revenue |
$ 18,500 |
$ 25.00 |
$ 24,000 |
$ 30.00 |
|
Total Funds Available (Dues + Reserve ) |
$ 23,738 |
$ 32.08 |
$ 29,319 |
$ 36.65 |
| Expenses: | ||||
| Web Site | $ ( 500) | $ ( 0.68) | $ ( 750) | $ ( 0.94) |
| Administrative Expenses (a) | $ (1,267) | $ ( 1.71) | $ (1,500) | $ ( 1.88) |
| Luncheon Subsidy (c) | $ (9,310) | $( 12.58) | $ (13,000) | $( 16.25) |
| Prizes for Winning Teams | $ (2,123) | $ ( 2.87) | $ (2,500) | $ ( 3.13) |
| Gifts for each member | $ (3,220) | $ ( 4.35) | $ (3,500) | $ (4.38) |
| New supply of yellow CALTA tags | $ ( 453) | $ (0.57) | ||
|
Junior Recognition Program (d) |
$ (2,000) |
$ ( 2.70) |
$ (2,000) |
$ ( 2.50) |
| Total Uses of Funds | $ (18,419) |
$ (24.89) |
$ (23,703) |
$ (29.63) |
|
End-of-Season Balance (Total Funds Available less Total Uses of Funds) |
$ 5,319 (b) |
$7.19
|
$ 5,616 (b) |
$7.02 in reserve
|
(a) "Administrative Expenses" consists of paper, office supplies, copying, refreshments at the annual captains' meeting, member name tags, and administration of the Junior Recognition Program.
(b) The Board considers it desirable to maintain a reserve of approx. $5,000 for any unforeseen expenses -- including the possibility of having to pay for the services of a computer programmer for match scheduling and/or website maintenance (both currently provided at no charge).
(c)
The cost of food and
drinks at the luncheon is fully funded by cost to attend. The subsidy
budgeted from dues covers room charges, centerpieces (captains' gifts),
decorations, wrapping/paper supplies and police services.
(d) This amount is allocated
annually from dues to the Junior Recognition Program -- in addition to the funds
donated at the annual luncxheon.