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<p>I can't disclose exact pay rates and hours worked publicly on
this email list, as you know. In any case, the increase in the
budget is to cover more hours and more people than were originally
budgeted for. <br>
</p>
Some contractors and staff have been working more hours, and I'd
like to continue working more hours, than were in the original
budget.<br>
<br>
I've got more contractors than in the original budget.<br>
<br>
I'd like to spend more on additional staff, including interns, as
advertised here:<br>
<a class="moz-txt-link-freetext" href="http://www.lp.org/blogs/staff/hiring-libertarian-packaging-interns">http://www.lp.org/blogs/staff/hiring-libertarian-packaging-interns</a><br>
<br>
<br>
With Robert's help, the numbers below show:<br>
<blockquote type="cite">
<p class="MsoNormal"><font face="Verdana" color="navy" size="2"><span
style="font-size:
11.0pt;font-family:Verdana;color:navy">FYI – Compensation:<o:p></o:p></span></font></p>
<p class="MsoNormal"><font face="Verdana" color="navy" size="2"><span
style="font-size:
11.0pt;font-family:Verdana;color:navy"><o:p> </o:p></span></font></p>
<p class="MsoNormal"><font face="Verdana" color="navy" size="2"><span
style="font-size:
11.0pt;font-family:Verdana;color:navy">Compensation YTD
* $314,155
<o:p></o:p></span></font></p>
<p class="MsoNormal"><font face="Verdana" color="navy" size="2"><span
style="font-size:
11.0pt;font-family:Verdana;color:navy">Est Amount for
Sept-Oct (based on
July/Aug) $69,000 <o:p></o:p></span></font></p>
<p class="MsoNormal"><font face="Verdana" color="navy" size="2"><span
style="font-size:
11.0pt;font-family:Verdana;color:navy">Est Amount for
Nov-Dec $65,000
<o:p></o:p></span></font></p>
<p class="MsoNormal"><font face="Verdana" color="navy" size="2"><span
style="font-size:
11.0pt;font-family:Verdana;color:navy">TOTAL EST 2016:
$448,155
<o:p></o:p></span></font></p>
<font face="Verdana" color="navy" size="2"><span style="font-size:
11.0pt;font-family:Verdana;color:navy">* Includes 09/07
payroll </span></font></blockquote>
<br>
I'm prepared to scale back everywhere if needed as needed, including
cutting people, hours, pay rates, etc., if activity drops post
Election Day or whenever regardless of how far it drops. Of course
we hope to win lots of elections and see activity skyrocket even
higher after Election Day, but I'm prudently prepared for the
alternate scenario as well.<br>
<br>
<pre class="moz-signature" cols="72">Wes Benedict, Executive Director
Libertarian National Committee, Inc.
1444 Duke St., Alexandria, VA 22314
(202) 333-0008 ext. 232, <a class="moz-txt-link-abbreviated" href="mailto:wes.benedict@lp.org">wes.benedict@lp.org</a>
facebook.com/libertarians @LPNational
Join the Libertarian Party at: <a class="moz-txt-link-freetext" href="http://lp.org/membership">http://lp.org/membership</a></pre>
<div class="moz-cite-prefix">On 9/1/2016 6:25 PM, <a class="moz-txt-link-abbreviated" href="mailto:starrcpa@gmail.com">starrcpa@gmail.com</a>
wrote:<br>
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cite="mid:36BA1C57-7CFC-4B7E-8015-78456CC2C7F9@gmail.com"
type="cite">
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<div>Thanks for the good news!</div>
<div id="AppleMailSignature"><br>
</div>
<div id="AppleMailSignature">I would like to understand in greater
detail the need for a $60,000 increase in compensation. </div>
<div id="AppleMailSignature"><br>
</div>
<div id="AppleMailSignature">Aaron Starr<br>
<br>
Sent from my iPhone</div>
<div><br>
On Sep 1, 2016, at 12:46 PM, Wes Benedict <<a
moz-do-not-send="true" href="mailto:wes.benedict@lp.org">wes.benedict@lp.org</a>>
wrote:<br>
<br>
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Dear LNC:<br>
<br>
I'd like to start a discussion about several budget increase
requests before a formal motion is considered. I mentioned to
the chair that I thought it would be good for me to put this
before the LNC soon, and he agreed it was okay for me to get
this discussion started on this list.<br>
<br>
To me, all of these budget increase requests are the result of
good news -- our revenue, membership, and interest is very
high, far higher than budgeted, and as a result, many of our
expenses are higher as well. <br>
<br>
More revenue and members means more membership cards and LP
News to mail out, and bigger lists to send fundraising letter
to.<br>
<br>
The original 2016 Budget adopted for the entire year of 2016
was <b>$1,474,561</b>. My preliminary estimate for August 31,
2016 YTD revenue is $1,679,938 (July 2016 YTD) plus $412,425
(August 2016) = <b>$2,092,363</b>. It's possible we could
double the original revenue budgeted for the entire year
(although I'm not ready to predict that). <br>
<br>
Dues-paying membership has increased from <b>11,693</b> at
the start of January to approximately <b>19,300</b> at the
end of August. <br>
<br>
The original budget for branding revenue was <b>$35,000</b>.
We've already brought in <b>$205,862</b> in branding revenue
(that's mostly the stuff we sell at <a moz-do-not-send="true"
href="http://lpstore.org">LPStore.org</a>).<br>
<br>
Again, all of these increases in donations, memberships, and
store orders, means higher postage, credit card processing
fees, purchases of items offered at <a moz-do-not-send="true"
href="http://lpstore.org">LPStore.org</a>, office supplies,
and some labor to help process all that stuff.<br>
<br>
Robert Kraus and I have looked over the results of this year
to date, considered what things could look like going forward,
and are recommending that the LNC proposed and passes the
following budget increases. <br>
<br>
<br>
26-Brand Political Materials Revenue increase by $150,000 to
$400,000<br>
32-Fundraising Costs increase by $60,000 to $201,364<br>
33-Membership Fundraising Costs increase by $35,000 to
$127,200<br>
40-Adminstrative Costs increase by $50,000 to $310,050<br>
45-Compensation increase by $60,000 to $448,800<br>
55-Brand Political Materials Expense increase by $150,000 to
$400,000<br>
85-Member Communication increase by $17,500 to $62,500<br>
<br>
We have the revenue to pay for all of these budget increases.
I'm pretty certain we have more money in the bank for the
September of a Presidential election year than ever before in
the history of the Libertarian Party, and that's in spite of
paying what it has taken to achieve 50 state ballot access for
the first time since 2000.<br>
<br>
While we are not technically over budget in most areas, we are
trending in that direction and certainly will go way over
budget by the end of the year unless I proactively cut back on
fundraising letters, LP News, shipping <a
moz-do-not-send="true" href="http://lpstore.org">LPStore.org</a>
materials, staff levels, and other areas. That could be done,
but I don't think it's the right thing to do. For example,
instead of focusing my time on trying to continue the growth
of membership and fundraising by hiring another intern to fill
boxes with campaign materials, I could spend my own time
stuffing envelopes and filling boxes with yard
signs--something I do actually enjoy and find to be
therapeutic. <br>
<br>
I'd be happy to try to respond to any questions you have on
these items. <br>
<br>
Thanks for your consideration. I'm hoping we have a productive
discussion on this, and then the chair or treasurer can
propose a motion that fits a consensus for you to consider of
the Labor Day Weekend. <br>
<br>
<pre class="moz-signature" cols="72">--
Wes Benedict, Executive Director
Libertarian National Committee, Inc.
1444 Duke St., Alexandria, VA 22314
(202) 333-0008 ext. 232, <a moz-do-not-send="true" class="moz-txt-link-abbreviated" href="mailto:wes.benedict@lp.org">wes.benedict@lp.org</a>
<a moz-do-not-send="true" href="http://facebook.com/libertarians">facebook.com/libertarians</a> @LPNational
Join the Libertarian Party at: <a moz-do-not-send="true" class="moz-txt-link-freetext" href="http://lp.org/membership">http://lp.org/membership</a></pre>
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