|
CALTA Financial Report |
2008-2009 actual |
2009-2010 budget |
|||
|
TOTAL |
per member (745) |
TOTAL |
per member (750) |
||
|
Opening Balance beginning of season |
$ 2,030 |
$ 2.72 in reserve |
$ 5,498 |
$ 7.33 in reserve |
|
| Dues Revenue |
$ 18,625 (745 members) |
$ 25.00 |
$ 18,750 (750 members) |
$ 25.00 |
|
| Total Funds Available (Dues + Reserve ) | $ 20,655 |
$ 27.72 |
$ 24,248 |
$ 32.33 |
|
| Expenses: | |||||
| Web Site | $ ( 142) | $ ( .19) | $ (1,500) | $ ( 2.00) | |
| Administrative Expenses (a) | $ ( 930) | $ ( 1.25) | $ (1,500) | $ ( 2.00) | |
| Luncheon Subsidy (c) | $ (8,485) | $ ( 11.39) | $ (10,000) | $ ( 13.33) | |
| Prizes for Winning Teams | $ ( 820) | $ ( 1.10) | $ (1,500) | $ ( 2.00) | |
| CALTA bag tags | $ ( 654) | $ ( .88) | |||
| Gifts for each member | $ (2,126) | $ ( 2.85) | $ (4,000) | $ ( 5.33) | |
|
Junior Recognition Program (d) |
$ (2,000) |
$ ( 2.68) |
$ (2,000) |
$ ( 2.67) |
|
| Total Uses of Funds | $ (15,157) |
$ (20.34) |
$ (20,500) |
$ (27.33) |
|
|
End-of-Season Balance (Total Funds Available less Total Uses of Funds) |
$ 5,498 (b) |
$ 7.38 in reserve |
$ 3,748 (b) |
$ 5.00 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 at least $3,000 for any unforeseen expenses -- including the
possibility of having to pay for the services of a computer programmer for match scheduling and/or web site
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, door prizes, centerpieces, decorations, wrapping/paper supplies and police services.
(d) The'09 Junior Recognition Program announced 39 awards totaling $9,450 -- $2,000 allocated from dues and the rest donated
at the luncheon in May.