[Lnc-business] Draft Budget

[Nicholas Sarwark]

Why are 2013 and 2015 given as baselines to compare, but not 2014?

Off-year budgets are more similar to other off-years.  Also, no convention.

-Nick

On Mon, Nov 28, 2016 at 10:20 PM, Caryn Ann Harlos
<carynannharlos at gmail.com> wrote:
> This is my first time with the yearly budget, so I apologize if I have dumb
> questions, and also if these are better to just ask at the meeting let me
> know, but I do have some basic questions about the first page for now:
>
> Why are 2013 and 2015 given as baselines to compare, but not 2014?
> What is the basis for thinking recurring gifts will be higher in 2017? (line
> 22)
> What is project program revenue? (line 25)
> I see building fundraising costs for 2015 of $15,304.00 (line 37)- anyone
> know how much we raised from those efforts? (and I note we have a $0 for
> that this year even though our PM says this is a priority)
> What is causing the big jump in compensation?
>
>
> --
> In Liberty,
> Caryn Ann Harlos
> Region 1 Representative, Libertarian National Committee (Alaska, Arizona,
> Colorado, Hawaii, Kansas, Montana, Utah, Wyoming, Washington) - Caryn.Ann.
> Harlos at LP.org
> Communications Director, Libertarian Party of Colorado
> Colorado State Coordinator, Libertarian Party Radical Caucus
>
>
> On Sun, Nov 27, 2016 at 11:10 AM, Tim Hagan <timhagan-tyr at yahoo.com> wrote:
>>
>> The draft budget to be considered at next month's meeting is attached.
>> Some notes:
>>
>> The Operating Budget worksheet, column F (highlighted in blue) is the
>> budget to be considered. Its numbers are derived from the yellow-highlighted
>> column in the Acct Detail worksheet. The footnotes at the bottom of the Acct
>> Detail worksheet explain how we came up with the 2017 numbers.
>>
>> Many of the numbers are based on the 2013 and 2015 numbers. We are
>> predicting that membership will be 19,583 in January, dropping to 15,000 at
>> the end of next year. This gives an average throughout the year of 17,292,
>> which is 28% higher than the average of 2013 and 2015 membership. Some
>> revenues and expenses are increased 28% to account for this increased
>> membership.
>>
>> Because of our accounting method, the value of the office shows up as a
>> fixed asset with the mortgage as a long-term liability, and paying down the
>> mortgage's principal is a transfer from checking to the mortgage. Likewise,
>> the bequest held in a trust is also an asset, which gets transferred to Cash
>> in the books when we receive a check. Rows 46 and 47 on the Operating Budget
>> worksheet show these transfers so the spreadsheet can show the surplus or
>> deficit of the cash. For the cash flow, the draft budget has a net deficit
>> of $154,900.
>>
>> Tim Hagan
>>
>> _______________________________________________
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>> Lnc-business at hq.lp.org
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>>
>
>
>
> --
> In Liberty,
> Caryn Ann Harlos
> Region 1 Representative, Libertarian National Committee (Alaska, Arizona,
> Colorado, Hawaii, Kansas, Montana, Utah, Wyoming, Washington) - Caryn.Ann.
> Harlos at LP.org
> Communications Director, Libertarian Party of Colorado
> Colorado State Coordinator, Libertarian Party Radical Caucus
>
>
>
>
>
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>