<html><head></head><body><div style="color:#000; background-color:#fff; font-family:HelveticaNeue, Helvetica Neue, Helvetica, Arial, Lucida Grande, sans-serif;font-size:16px"><div id="yui_3_16_0_1_1480251139392_506064" dir="ltr"><span id="yui_3_16_0_1_1480251139392_506153">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.<br></span></div><div dir="ltr" id="yui_3_16_0_1_1480251139392_506436"><span id="yui_3_16_0_1_1480251139392_506153"><br></span></div><div dir="ltr" id="yui_3_16_0_1_1480251139392_506394"><span id="yui_3_16_0_1_1480251139392_506153">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. <br></span></div><div dir="ltr" id="yui_3_16_0_1_1480251139392_506393"><span id="yui_3_16_0_1_1480251139392_506153"><br></span></div><div dir="ltr" id="yui_3_16_0_1_1480251139392_506392"><span id="yui_3_16_0_1_1480251139392_506153">Project Program Revenue is $60,000 for the Building Fund and $4,000 for Candidate Support & Training.</span></div><div dir="ltr" id="yui_3_16_0_1_1480251139392_506944"><span id="yui_3_16_0_1_1480251139392_506153"><br></span></div><div dir="ltr" id="yui_3_16_0_1_1480251139392_507111"><span id="yui_3_16_0_1_1480251139392_506153">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.<br></span></div><div dir="ltr" id="yui_3_16_0_1_1480251139392_507125"><span id="yui_3_16_0_1_1480251139392_506153">.</span></div><div dir="ltr" id="yui_3_16_0_1_1480251139392_506610"><span id="yui_3_16_0_1_1480251139392_506153">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.<br></span></div><div class="qtdSeparateBR" id="yui_3_16_0_1_1480251139392_506063"><div id="yui_3_16_0_1_1480251139392_507283"><br></div><div id="yui_3_16_0_1_1480251139392_507281">Tim Hagan<br></div><br></div><div class="yahoo_quoted" id="yui_3_16_0_1_1480251139392_506060" style="display: block;"> <div style="font-family: HelveticaNeue, Helvetica Neue, Helvetica, Arial, Lucida Grande, sans-serif; font-size: 16px;" id="yui_3_16_0_1_1480251139392_506059"> <div style="font-family: HelveticaNeue, Helvetica Neue, Helvetica, Arial, Lucida Grande, sans-serif; font-size: 16px;" id="yui_3_16_0_1_1480251139392_506058"> <div dir="ltr" id="yui_3_16_0_1_1480251139392_506057"> <font id="yui_3_16_0_1_1480251139392_506056" size="2" face="Arial"> <hr id="yui_3_16_0_1_1480251139392_506300" size="1"> <b><span style="font-weight:bold;">From:</span></b> Caryn Ann Harlos <carynannharlos@gmail.com><br> <b><span style="font-weight: bold;">To:</span></b> Tim Hagan <timhagan-tyr@yahoo.com>; Libertarian National Committee list <lnc-business@hq.lp.org> <br> <b><span style="font-weight: bold;">Sent:</span></b> Monday, November 28, 2016 9:20 PM<br> <b><span style="font-weight: bold;">Subject:</span></b> Re: [Lnc-business] Draft Budget<br> </font> </div> <div class="y_msg_container" id="yui_3_16_0_1_1480251139392_506081"><br><div id="yiv2320075543"><div id="yui_3_16_0_1_1480251139392_506085"><div dir="ltr" id="yui_3_16_0_1_1480251139392_506084">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:<div id="yui_3_16_0_1_1480251139392_507061"><br clear="none"></div><div id="yui_3_16_0_1_1480251139392_506093">Why are 2013 and 2015 given as baselines to compare, but not 2014?</div><div id="yui_3_16_0_1_1480251139392_506091">What is the basis for thinking recurring gifts will be higher in 2017? (line 22)</div><div id="yui_3_16_0_1_1480251139392_506089">What is project program revenue? (line 25)</div><div id="yui_3_16_0_1_1480251139392_506087">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)</div><div id="yui_3_16_0_1_1480251139392_506083">What is causing the big jump in compensation?</div><div id="yui_3_16_0_1_1480251139392_507006"><br clear="none"></div><div id="yui_3_16_0_1_1480251139392_507047"><br class="yiv2320075543gmail-Apple-interchange-newline" clear="none">-- <br clear="none"><div id="yui_3_16_0_1_1480251139392_507257"><div dir="ltr" id="yui_3_16_0_1_1480251139392_507256"><div dir="ltr" id="yui_3_16_0_1_1480251139392_507255"><div dir="ltr" id="yui_3_16_0_1_1480251139392_507254"><div dir="ltr" id="yui_3_16_0_1_1480251139392_507253"><div dir="ltr" id="yui_3_16_0_1_1480251139392_507252"><div><font size="4" color="#666666" face="arial, helvetica, sans-serif"><b>In Liberty,</b></font></div><div id="yui_3_16_0_1_1480251139392_507260"><font size="4" color="#666666" face="arial, helvetica, sans-serif"><b>Caryn Ann Harlos</b></font></div><div id="yui_3_16_0_1_1480251139392_507251"><font size="1">Region 1 Representative, Libertarian National Committee </font><span style="font-size:x-small;">(Alaska, Arizona, Colorado, Hawaii, Kansas, Montana, Utah, Wyoming, Washington) - <a rel="nofollow" shape="rect" href="">Caryn.Ann. Harlos@LP.org</a></span></div><div><span style="font-size:x-small;">Communications Director, <a rel="nofollow" shape="rect" target="_blank" href="http://www.lpcolorado.org/">Libertarian Party of Colorado</a></span></div><div><span style="font-size:x-small;">Colorado State Coordinator, <a rel="nofollow" shape="rect" target="_blank" href="http://www.lpradicalcaucus.org/">Libertarian Party Radical Caucus</a></span></div><div><br clear="none"></div></div></div></div></div></div></div></div></div><div class="yiv2320075543gmail_extra"><br clear="none"><div class="yiv2320075543gmail_quote">On Sun, Nov 27, 2016 at 11:10 AM, Tim Hagan <span dir="ltr"><<a rel="nofollow" shape="rect" ymailto="mailto:timhagan-tyr@yahoo.com" target="_blank" href="mailto:timhagan-tyr@yahoo.com">timhagan-tyr@yahoo.com</a>></span> wrote:<br clear="none"><blockquote class="yiv2320075543gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex;"><div class="yiv2320075543yqt1457002789" id="yiv2320075543yqt62299"><div><div style="color:#000;background-color:#fff;font-family:HelveticaNeue, Helvetica Neue, Helvetica, Arial, Lucida Grande, sans-serif;font-size:16px;"><div id="yiv2320075543m_3321497964385351133yiv2454116531"><div id="yiv2320075543m_3321497964385351133yui_3_16_0_1_1480251139392_20182"><div id="yiv2320075543m_3321497964385351133yui_3_16_0_1_1480251139392_20181" style="color:#000;background-color:#fff;font-family:HelveticaNeue, Helvetica Neue, Helvetica, Arial, Lucida Grande, sans-serif;font-size:16px;"><div dir="ltr" id="yiv2320075543m_3321497964385351133yiv2454116531yui_3_16_0_1_1480089045329_138863"><span id="yiv2320075543m_3321497964385351133yiv2454116531yui_3_16_0_1_1480089045329_138864">The draft budget to be considered at next month's meeting is attached. Some notes:<br id="yiv2320075543m_3321497964385351133yiv2454116531yui_3_16_0_1_1480089045329_138865" clear="none"><br id="yiv2320075543m_3321497964385351133yiv2454116531yui_3_16_0_1_1480089045329_138866" clear="none">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.<br id="yiv2320075543m_3321497964385351133yiv2454116531yui_3_16_0_1_1480089045329_138867" clear="none"><br id="yiv2320075543m_3321497964385351133yiv2454116531yui_3_16_0_1_1480089045329_138868" clear="none">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.<br id="yiv2320075543m_3321497964385351133yiv2454116531yui_3_16_0_1_1480089045329_138869" clear="none"><br id="yiv2320075543m_3321497964385351133yiv2454116531yui_3_16_0_1_1480089045329_138870" clear="none"></span><div dir="ltr" id="yiv2320075543m_3321497964385351133yui_3_16_0_1_1480251139392_46396"><span id="yiv2320075543m_3321497964385351133yiv2454116531yui_3_16_0_1_1480089045329_138864">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.</span></div><span class="yiv2320075543HOEnZb"><font color="#888888"></font></span><div dir="ltr" id="yiv2320075543m_3321497964385351133yui_3_16_0_1_1480251139392_46397"><br clear="none"><span id="yiv2320075543m_3321497964385351133yiv2454116531yui_3_16_0_1_1480089045329_138864"></span></div></div><span class="yiv2320075543HOEnZb"><font color="#888888"></font></span><div dir="ltr" id="yiv2320075543m_3321497964385351133yiv2454116531yui_3_16_0_1_1480089045329_138881"><span id="yiv2320075543m_3321497964385351133yiv2454116531yui_3_16_0_1_1480089045329_138882">Tim Hagan<br clear="none"></span></div></div></div></div></div></div></div><br clear="none">______________________________ _________________<br clear="none">
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<br clear="none"></blockquote></div><br clear="none"><br clear="all"><div><br clear="none"></div>-- <br clear="none"><div class="yiv2320075543gmail_signature"><div dir="ltr"><div><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div><font size="4" color="#666666" face="arial, helvetica, sans-serif"><b>In Liberty,</b></font></div><div><font size="4" color="#666666" face="arial, helvetica, sans-serif"><b>Caryn Ann Harlos</b></font></div><div><font size="1">Region 1 Representative, Libertarian National Committee </font><span style="font-size:x-small;">(Alaska, Arizona, Colorado, Hawaii, Kansas, Montana, Utah, Wyoming, Washington) - <a rel="nofollow" shape="rect" ymailto="mailto:Caryn.Ann.Harlos@LP.org" target="_blank" href="mailto:Caryn.Ann.Harlos@LP.org">Caryn.Ann. Harlos@LP.org</a></span></div><div><span style="font-size:x-small;">Communications Director, <a rel="nofollow" shape="rect" target="_blank" href="http://www.lpcolorado.org/">Libertarian Party of Colorado</a></span></div><div><span style="font-size:x-small;">Colorado State Coordinator, <a rel="nofollow" shape="rect" target="_blank" href="http://www.lpradicalcaucus.org/">Libertarian Party Radical Caucus</a></span></div><div><br clear="none"></div><div><br clear="none"></div><div><span style="font-size:x-small;"><br clear="none"></span></div><div style="font-size:12.8px;"><br clear="none"></div></div></div></div></div></div></div></div>
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