[Lnc-business] Draft Budget

Tue Dec 6 00:40:45 EST 2016

I am still trying to understand the Project/Program Revenue

in 2016 it says we spent nothing on building fund fundraising - yet we
raised $15,710.00 in "project program revenue" - what was that for?

in 2015 we spent $15,304.00 in building fundraising expenses, yet we raised
$134, 537.50 in "project program revenue" - what was that?

On Mon, Dec 5, 2016 at 10:38 PM, Caryn Ann Harlos <carynannharlos at gmail.com>
wrote:

> 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
>>
>> ______________________________ _________________
>> Lnc-business mailing list
>> Lnc-business at hq.lp.org
>> http://hq.lp.org/mailman/ listinfo/lnc-business_hq.lp. org
>> <http://hq.lp.org/mailman/listinfo/lnc-business_hq.lp.org>
>>
>>
>>
>>
>> --
>> *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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>> Lnc-business at hq.lp.org
>> http://hq.lp.org/mailman/listinfo/lnc-business_hq.lp.org
>>
>>
>>
>> _______________________________________________
>> Lnc-business mailing list
>> Lnc-business at hq.lp.org
>> http://hq.lp.org/mailman/listinfo/lnc-business_hq.lp.org
>>
>>
>
>
> --
> *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>
>
>
>
>
>

-- 
*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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