[Lnc-business] Draft Budget

[Caryn Ann Harlos]

We did no building fundraising efforts in 2016?  Is this correct?

On Tue, Nov 29, 2016 at 9:47 PM, Tim Hagan <timhagan-tyr at yahoo.com> wrote:

> Historically, we have used the previous two non-election years as a
> baseline for the next non-election year. Figure they are more comparable
> with less ballot access expenses, no convention, etc.
>
> Operating Budget Line 22 comes from Acct Detail 4080-Recurring Contrib -
> Pledge. From footnote d, pledge revenue is estimated to be $30k per month.
> October 2016 pledge revenue was $31785.
>
> Project Program Revenue is $60,000 for the Building Fund and $4,000 for
> Candidate Support & Training.
>
> The $15,304 is the average of 2013 & 2015 building fundraising costs.
> Costs in 2015 was $81, and 2015 building fund revenue was $22,435. I read
> the Policy Manual as building fundraising being a priority only on
> odd-numbered years.
> .
> As Nick mentioned, Compensation includes a Tech Developer/Web Master, and
> we have more contract workers than in 2013 & 2015. There is a slight
> increase to allow a raise to some full-time employees. The taxes, workers
> comp, benefits, and payroll service fees are the same percentage of the
> wages as the previous years.
>
> Tim Hagan
>
> ------------------------------
> *From:* Caryn Ann Harlos <carynannharlos at gmail.com>
> *To:* Tim Hagan <timhagan-tyr at yahoo.com>; Libertarian National Committee
> list <lnc-business at hq.lp.org>
> *Sent:* Monday, November 28, 2016 9:20 PM
> *Subject:* Re: [Lnc-business] Draft Budget
>
> 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
> <http://www.lpcolorado.org/>
> Colorado State Coordinator, Libertarian Party Radical Caucus
> <http://www.lpradicalcaucus.org/>
>
>
> 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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>
>
>
>
> --
> *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 <Caryn.Ann.Harlos at LP.org>
> Communications Director, Libertarian Party of Colorado
> <http://www.lpcolorado.org/>
> Colorado State Coordinator, Libertarian Party Radical Caucus
> <http://www.lpradicalcaucus.org/>
>
>
>
>
>
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>
>
>
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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 <Caryn.Ann.Harlos at LP.org>
Communications Director, Libertarian Party of Colorado
<http://www.lpcolorado.org>
Colorado State Coordinator, Libertarian Party Radical Caucus
<http://www.lpradicalcaucus.org>
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