[Lnc-business] Proposed Budget for 2020

[Joe Bishop-Henchman]

Thank you! This is good stuff.

I'd like to request a narrative or detailed breakdown of the very large 
(6-digit or close to it) expense items, such as 7010, 7200, 7310, 7360, 
7380, 8190.

Also, the Excel version and the PDF version amounts do not line up for 
4106. The PDF version also leaves out footnotes (u) and (v), but these 
are in the Excel version.

A more substantive question is how much of the projected revenue 
increase is derived from the projected 33% increase in membership?

I imagine some of it includes pay information so it shouldn't be sent on 
list and I'll keep that part confidential.

Please don't interpret me sending this Friday night as needing this 
information ASAP. No rush.

JBH

------------
Joe Bishop-Henchman
LNC Member (At-Large)
joe.bishop-henchman at lp.org
www.facebook.com/groups/189510455174837

On 2019-10-31 18:59, Tim Hagan via Lnc-business wrote:
> On behalf of the Executive Committee, a proposed 2020 budget to be
> considered at the November 16-17 meeting is attached in both Excel and
> PDF. The budget is highlighted in cyan on the Operating Budget sheet.
> The numbers come from the Acct Detail sheet. An additional sheet having
> employee and contractor salary information, which we've always
> considered confidential, will be presented at the meeting.
> 
> Total support and revenues is $2,343,400. Total cost of support and
> revenues is $855,700. Total program expenses is $1,487,700. This budget
> is balanced, that is no surplus nor deficit.
> 
> We expect capital expenditures of $7,300 and will pay $26,434 toward 
> the
> principal in the mortgage payments. Will receive $48,546 from the
> bequests held in escrow. These give a Unrestricted Operating Surplus (I
> think of it like a cash surplus) of $14,812.
> 
> The total revenues are higher than 2018, but not as high as 2016, which
> was an exceptional year. Should be helped by having a development team.
> 
> Except for the portions going to administration work, the pay to
> contractors show up on the appropriate functional lines on the Acct
> Detail sheet. In particular, lines 7010-10 (Development), 7310
> (Affiliate Development), 7340 (Media Relations & Press Releases), and
> 7360-40 (Candidate Support & Training) include contractors.